Belgium secures record €450M battery financing as EU eyes 145 GW storage gap
Published on: Wednesday 15 July 2026
Belgium battery storage reached a new milestone as Giga Storage closed a record €450 million debt deal for its 700 MW Green Turtle project — backed by a 10-bank consortium and Tesla's factory-integrated Megablock technology — just as the EU prepares to publish an Electrification Action Plan calling for 145 gigawatts of new storage capacity by 2030.