Energy Storage News•16 days ago
Engie hires former subsidiary NHOA Energy for 320MWh Belgium battery storage project
Key Takeaway
This substantial utility-led BESS project underscores the accelerating market for grid-scale energy storage and its critical role in grid modernization and decarbonization.
AI Summary
- •Engie, a major utility, is deploying a substantial 80MW/320MWh Battery Energy Storage System (BESS) at its Drogenbos power station in Belgium.
- •NHOA Energy, a specialized OEM and former Engie subsidiary, secured the contract, highlighting the growing market for dedicated storage technology providers.
- •This large-scale project signals increasing utility investment in grid flexibility, ancillary services, and renewable energy integration within European markets.
- •For developers and IPPs, this reinforces the strong market demand and viability for significant BESS projects, potentially influencing investment strategies and project valuations.
Topics
capacity-marketfinancingoempolicystorage