ib vogt has sold rights to a large-scale 1-hour duration battery storage project in Finland, Europe, to investor Renewable Power Capital (RPC).

We heard from system integrator, developer and EPC delegates at the Energy Storage Summit EU in London last month about the implications of falling BESS prices.

We discuss a 40MWh project in Finland with both the BESS provider Merus Power and customer/project owner eNordic, the investment manager in the region for private equity firm Ardian.

Telecoms firm Elisa Corporation has signed a contract to bring its distributed energy storage (DES) solution to Finnish mobile networks. 

Global private equity firm Ardian has enlisted power solutions firm Merus Power for its first BESS project, a 38MW/40MWh system in Finland.

Finnish utility Helen is launching a 40MW battery energy storage system (BESS) project in Nurmijärvi, southern Finland, for 2025 commercial operation.

IPP Neoen has started construction on a 2-hour 56.4MW/112.9MWh BESS in Finland, in the context of market dynamics which optimiser Capalo AI explained to Energy-Storage.news.

The increasing cost-competitiveness of LFP battery cells has made first life batteries more attractive than second life ones, Finland-based BESS solutions firm Cactos told Energy-Storage.news after a €26 million (US$28.5 million) fundraise.

Europe’s telecommunications sector has the potential to deploy 15GWh of distributed energy storage (DES), halving its energy costs and helping the energy transition, Finnish telecoms firm Elisa said discussing its new DES solution with Energy-Storage.news.

Battery energy storage systems (BESS) in the Nordics are seeing “extremely attractive revenues”, Finland-based optimiser Capalo AI said, as developers SENS and Ilmatar announced 70MW of projects in Sweden.