Published by Global Banking & Finance Review®
Posted on February 18, 2025
1 min readLast updated: January 26, 2026
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The Netherlands plans a 1.4 GW battery storage facility using Tesla Megapack 2 XL to balance its power grid, supporting offshore wind energy.
AMSTERDAM - Dutch energy storage firm Return plans to build a 1.4 gigawatt battery storage facility in the port of Vlissingen by 2027, it said on Tuesday, using 372 of Tesla's Megapack 2 XL grid storage batteries, in what will be the Netherlands' largest such project to date.
Such batteries will be needed to balance the Netherlands' power grid as the country's plans to build 21 GW of offshore wind energy by 2032 are expected to lead to frequent electricity surpluses in the morning and evening.
Return said the 350 million euro ($366 million) project, dubbed "Mufasa", will be able to discharge at 350MW, enough to power 200,000 households, several times a day. Investors include Macquarie Capital, Belgium's TINC, the company's existing investors, and a consortium of six banks.
Eneco, Mitsubishi Corp of Japan's Dutch energy subsidiary, will operate the facility once it is complete, an Eneco spokesperson said.
($1 = 0.9560 euros)
(Reporting by Toby Sterling; Editing by Susan Fenton)
The new battery storage facility will have a capacity of 1.4 gigawatts.
Eneco, the Dutch energy subsidiary of Mitsubishi Corp, will operate the facility once it is complete.
The project is estimated to cost 350 million euros, which is approximately $366 million.
The facility will help balance the Netherlands' power grid, especially as the country plans to build 21 GW of offshore wind energy by 2032.
The facility will be able to discharge at 350MW, enough to power 200,000 households several times a day.
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