Developers SENS and Callio working on hybrid BESS, pumped hydro and PV project in Finland

LinkedIn
Twitter
Reddit
Facebook
Email

Developers SENS and Callio have revealed a hybrid project in Finland which could combine a battery energy storage system (BESS), pumped hydro energy storage and solar PV technology.

The companies have struck a principal agreement to develop the project at the decommissioned Pyhäsalmi mine in Pyhäjärvi, central Finland.

The location will allow the project to utilise existing grid infrastructure and integrate with the nearby Callio Business and Olcconen Green Industrial parks, SENS (Sustainable Energy Solutions Sweden Holding) said.

SENS is primarily a BESS project developer active mostly in Sweden while Callio is owned by the Pyhäjärvi Municipality.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The BESS portion of the project is designed for a power output of 85MW and is already at the ready-to-build (RTB) stage, with commercial operation expected in 2025. It will provide frequency response services and participate in the energy arbitrage market, SENS said.

The pumped hydro energy storage (PHES) unit would be a 75MW/530MWh, 7-hour system built underground though a timeline for its development, construction or operation was not provided. The third stage of the project is a solar PV plant but details on size or timeline were not provided either.

The Pyhäsalmi mine is the deepest metal mine in Europe at 1,444 metres deep and its underground mine operation and copper and zinc processing ended in 2022, although some above-ground refining is set to continue until 2025. The underground mine is currently in the closure and decommissioning stage. It is owned by Canadian company First Quantum Minerals.

Financing for the project will be shared between SENS, Callio, the Calllio Business and Olcconon business and industrial parks, UB Corporate Finance and the Finnish government via €26.3 million (US$28.5 million) in subsidies for foreign direct investments (FDI) in renewable energy.

Axpo, a Switzerland-headquartered independent power producer (IPP) and energy trading firm, has also launched projects in neighbouring Sweden, commissioning a 20MW project in February which was acquired from SENS. A month prior SENS secured the land for another 40MW BESS project.

Sweden and Finland are leading BESS deployments in the Nordic region largely off the back of a lucrative ancillary services market.

Read Next

August 1, 2025
Energy-Storage.news proudly presents our sponsored webinar with Clean Energy Associates (CEA), on the implications of the US budget reconciliation bill, HR1, for energy storage.
July 31, 2025
Sungrow has signed a 2.4GWh strategic deployment agreement for battery storage systems in Europe with solar PV solutions provider SUNOTEC.
July 29, 2025
Tesla energy storage division saw its highest quarterly gross profits as the company’s automotive business continued to see dampened demand.
Premium
July 24, 2025
Steady price falls the past few years have made lithium-ion BESS a real contender for long-duration energy storage (LDES), and that is now reflected in global project pipelines.
July 17, 2025
Contemporary Amperex Technology Ltd (CATL) has signed a framework supply agreement for a project to export renewable energy from Indonesia to Singapore.

Most Popular

Email Newsletter