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.
Executives from Sweden-based developer OX2 discussed its diversification from wind and solar into storage with Energy-Storage.news, with Poland a big part of that move.
Construction has begun on a 30MW battery energy storage system (BESS) in Finland, developed by Glennmont Partners, local IPP Ilmatar, and deployed by ESS firm Alfen.
Huge wind power deployments and the limitations of the existing fleet of pumped hydro energy storage (PHES) are driving the battery storage market in Finland, a local system integrator said.