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Germany’s first tolled BESS secures project financing
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Germany’s first tolled BESS secures project financing
The 209 MWh Stendal battery energy storage project is expected to be fully operational by early 2026, one year before its seven-year tolling agreement comes into effect.From ESS News Israeli developer and independent power producer Nofar Energy has secured EUR 86.5 million ($92.5 million) in project financing from NORD/LB for its 104.5 MW / 209 MWh Stendal BESS project in Germany. The Stendal project is backed by a seven-year fixed-price flexibi…
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