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/PRNewswire/ -- Ecobat, the global leader in battery recycling, and Trafigura ("Trafigura" or "the Trafigura Group"), a leading global supplier of commodities,...

One of Belgium's existing large-scale battery storage facilities. Image: Eneco-Alfen-Next Kraftwerke. Commodities trading company Trafigura has said that it is building a large-scale battery storage plant in Belgium through a newly-launched renewable energy joint venture (JV) company. Located at the site of a zinc smelting facility in the northeastern Belgian municipality of Balen, owned and operated by metals company Nyrstar, construction on the project is expected to begin in the first half of this year for completion during 2022. Trafigura said in a press release last week that the projec...

The €30m battery storage project will be built at Nyrstar’s zinc smelting facility in Balen. Construction is planned to start during the first half of 2021 following permitting approval, with completion in 2022. The project will provide grid stability and balancing services for the Belgium grid, as well as help shift renewable energy production into high energy demand periods. Trafigura head of power and renewables trading Julien Rolland said: “Efficient energy storage has a critical role in the low-carbon economy. “Weather-reliant renewables, such as wind and solar, generate energy i...

Trafigura, one of the world’s leading independent commodity trading companies, has announced the first live project by Nala Renewables, its newly formed joint venture company with IFM Investors. An investment of up to EUR30 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. Utilising lithium-ion battery technology, the 100 MWh battery project will be...

Trafigura to invest up to €30 million to develop battery energy storage system January 6, 2021, by Jasmina Ovcina Geneva-based commodity trader Trafigura is investing up to €30 million into Belgium’s largest Battery Energy Storage Systems (BESS) at Nyrstar’s zinc smelting facility in Balen. The investment will be the first live project by Nala Renewables, Trafigura’s newly formed joint venture company with IFM Investors. Construction of the Balen BESS project is planned to start during the first half of 2021 following permitting approv...