Modular ESS container project financing options in Belgium 2025


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6 FAQs about [Modular ESS container project financing options in Belgium 2025]

Is ESG financing a battery energy storage system in Belgium?

Energy Solutions Group (ESG) announced today that it has completed project financing for a 75-MW/300-MWh battery energy storage system (BESS) under construction in Belgium. The Megapack battery system. Source: Tesla Inc The financing was arranged by KBC Bank and Wallonie Entreprendre.

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 ESG's Bess project?

It is located on an industrial site next to an ELIA high-voltage substation, a key site for integrating renewable energy into the Belgian grid. This project marks ESG's second and largest BESS (Battery Energy Storage System) in its portfolio, reinforcing its commitment to energy transition efforts in Belgium.

What is ESG's Bess (battery energy storage system) project?

This project marks ESG's second and largest BESS (Battery Energy Storage System) in its portfolio, reinforcing its commitment to energy transition efforts in Belgium. Frederik Jansen, ESG’s CTO, emphasized the collaborative efforts of partners Spie, Yuso, Sweco, House of Projects, and Tesla in delivering this pioneering project.

When will ESG be operational?

The site is expected to become operational by the autumn of 2025. Project partners include Spie, Yuso, Sweco and House of Projects. ESG is active in the field of solar energy, wind energy, rapid charging infrastructure and energy storage. In December, ESG wrapped up a EUR-60-million capital raise led by Alpha Renewable Energy Fund and by SFPIM.

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.

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