What is bstor & Energy Solutions Group doing in Belgium?

BSTOR and Energy Solutions Group have started building BESS projects totalling 440MWh of capacity in Belgium, using Tesla Megapacks.

Is ESG financing a Bess project?

In concurrent news, independent power producer (IPP) Energy Solutions Group (ESG) has completed financing and launched construction on its first large-scale BESS project in Harmignies, in the Wallonia region of Belgium. The news was announed by law firm Loyens & Loeff, which advised ESG on the financing.

What is the D-Stor battery storage project in Belgium?

A digital illustration of the D-STOR battery storage project in Belgium. Image: BSTOR. Project owners BSTOR and Energy Solutions Group have started building separate BESS projects totalling 440MWh of capacity in Belgium, following financial close, both of which will use Tesla Megapacks.

What is bstor's Belgium Bess?

The construction of BSTOR’s Belgium BESS is part of an overall master plan for a 3,000 m2 space developed with local and regional authorities, which includes a 25-hectare expansion of a business park.

Is Belgium a good place to invest in battery storage?

Belgium is one of the most active and mature grid-scale energy storage markets in Europe, with diversified opportunities for monetising battery storage via flexibility markets and a supportive regulatory regime.

How much value did Bess achieve in 2024?

In 2024 our gross value captured for grid-scale BESS in the Centrica Energy portfolio reached €535,000 EUR/MW, with an average of 1.28 cycles/day and €572 EUR/MWh discharged. That’s a +32% performance increase year-on-year—achieved with just a 2.4% increase in cycling.