Giga Storage announced yesterday that with a €300 million (US$342. 47 million) project finance secured, construction has begun on its Giga Leopard standalone BESS project in the city of Delfzijl, in Groningen, a province in the northeast of the European country. Battery energy storage system (BESS) developer Giga Storage has closed financing on a 300MW/1,200MWh project in the Netherlands. The system, designed with an installed capacity of 7. 5MW and a storage capacity of 11 megawatt hours (MWh), aims to enhance grid stability by providing or absorbing. RWE, Europe's utility giant, announced last week it has commenced the construction of its maiden battery energy storage system (BESS). Amid a frantic race across Europe to expand renewables and exit fossil fuel plants. The groundbreaking ceremony was attended by key figures including Sjoerd Sieburgh Sjoerdsma, director of Wind Farm Zeewolde, Jan Veenink, Co'nn Rennen.