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Trafigura Group Pte Ltd (Trafigura), one of the world’s leading independent commodity trading companies, announced the first live project by Nala Renewables, its newly formed joint venture company with IFM Investors.
An investment of up to EUR30 million (US$37 million) will be made to develop one of Belgium’s largest Battery Energy Storage Systems (BESS) at Nyrstar’s zinc smelting facility in Balen.
Construction of the Balen BESS project is planned to start during the first half of 2021 following permitting approval, with completion in 2022. Utilizing lithium-ion battery technology, the 100 MWh battery project will be able to store 25 MW for over four hours. The BESS system will provide grid stability and balancing services for the Belgium grid, as well as help shift renewable energy production into high energy demand periods.
List of the country updates
Country updates
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November 25, 2020
European Union to boost renewable energy for a climate neutral Europe
To help meet the EU's goal of climate neutrality by 2050, the European Commission today presents the EU Strategy on Offshore Renewable Energy. The Strategy proposes to increase Europe's offshore wind...
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October 23, 2020
AXPO signs PPA contract with CGNEE for 81 MW wind farm in Estinnes
Axpo Benelux S.A., subsidiary of Axpo for the Belgian market has signed a 6-year agreement for the purchase of the power generated by a wind farm in Estinnes, in the region of Wallonia, Belgium. The...
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October 20, 2020
Borealis signs PPA with Eneco for 487 MW Seamade (SeaStar-Mermaid) offshore wind project
Borealis has signed a long-term power purchase agreement (PPA) with Eneco to source renewable electricity from Mermaid. The agreement entails the purchase and supply of over 1,000 gigawatt-hours (GWh)...
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October 20, 2020
Borealis and Eneco signs PPA for 487 MW Seamade offshore wind project
Borealis has signed a long-term power purchase agreement (PPA) with Eneco to source renewable electricity from Mermaid. The agreement entails the purchase and supply of over 1,000 gigawatt-hours (GWh)...
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September 24, 2020
INEOS signs 10-year PPA deal with ENGIE's 370 MW Norther wind project off the Zeebrugge coast
INEOS has signed a 10-year Power Purchase Agreement with ENGIE, for the purchase of renewable electricity from 370 MW Norther wind project located 23 kilometers off the coast Zeebrugge, Belgium.R...
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