Tomorrow Energy Successfully Raises €1.288 Million for Holland Battery 2 Battery Storage Project

Tomorrow Energy has successfully raised €1,288,000 through the European investment platform Enerfip for Holland Battery 2, a large-scale battery energy storage project in Eemshaven. By fully achieving its financing target, Tomorrow Energy has reached an important milestone towards completing the development phase and advancing the further realization of the project.

An important milestone for Holland Battery 2

Holland Battery 2 is a large-scale Battery Energy Storage System (BESS) with a power capacity of 46 MW and an energy storage capacity of 184 MWh. This enables the system to store electricity or feed it back into the grid for up to four hours.

The project is located in Eemshaven, one of the Netherlands’ most important energy and industrial hubs. Thanks to its strategic location and proximity to renewable energy generation, Holland Battery 2 has the potential to make a valuable contribution to the flexibility and stability of the Dutch electricity grid.

The project has obtained an irrevocable environmental permit and has reached Ready-to-Build status.

How will the €1.288 million be used?

The financing raised will be used to fund the final development activities and infrastructure required for Holland Battery 2.

A significant part of the funds will be used for the remaining payment related to the contracted grid connection with Enexis and for the development of additional cable infrastructure between the transformer station and the battery site.

The financing also provides scope for further technical optimization of the project and for exploring potential integration within a broader energy hub, where battery storage and other energy-intensive applications could complement and strengthen one another.

With these investments, Tomorrow Energy is preparing Holland Battery 2 for its next phase: completing the project’s development in preparation for a potential sale or further realization.

Confidence in sustainable energy infrastructure

The successful financing round underlines investor confidence in Tomorrow Energy and in the continued development of large-scale battery storage in the Netherlands.

It is also not the first successful crowdfunding round within the Holland Battery portfolio. Previously, financing for Holland Battery 3 in Leudal was raised through Enerfip and DuurzaamInvesteren. Following the successful sale of that project, the €592,000 financing was repaid in full, including the applicable early repayment compensation.

With Holland Battery 2, Tomorrow Energy continues to pursue its ambition of developing innovative energy infrastructure that contributes to a reliable, flexible and future-proof energy system.

Building tomorrow’s energy system together

Tomorrow Energy would like to thank all investors for their confidence and Enerfip for its cooperation throughout this successful financing round.

With €1,288,000 in financing successfully raised, another important milestone has been achieved — bringing Holland Battery 2 one step closer to its next stage of development and contributing to a future in which renewable energy can be stored and utilized more intelligently.

Tomorrow Energy – If Tomorrow Matters.