TenneT and GIGA Storage sign landmark grid connection agreement in the Netherlands

Dutch state-owned transmission system operator TenneT has signed a groundbreaking time-bound connection and transmission agreement with GIGA Storage, marking the first agreement of its kind in the Netherlands. This contract sets a precedent for future energy storage projects, aiming to enhance the efficiency of the limited space on the electricity grid. Under the contract, GIGA Storage will be allowed to draw electricity from the grid or supply it back at least 85% of the time,…