Giga Storage secures financing, grid connection for 1.4 GWh CATL BESS project in Germany

A consortium of seven banks is providing €260 million in debt financing for the “Albatross” storage project, which will have an output of 350 MW and a capacity of 1.4 GWh. The grid connection agreement with transmission system operator Amprion has also been signed, with commissioning now scheduled for early 2029.

Giga Storage secures financing, grid connection for 1.4 GWh CATL BESS project in Germany

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