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.

Alfen has reported a 526% year-on-year increase in half-year revenues for its battery energy storage business segment.

Enersense International has been enlisted to provide maintenance services on four battery storage projects in Lithuania deployed by Fluence.

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.

Finland telecommunications firm Elisa has received €3.9 million from the government to form a VPP using batteries which could be the largest of its kind in Europe.

Developers Taaleri Energia and Merus Power have partnered to deploy a 30MW/36MWh battery energy storage system in Finland, one of the country’s largest.