The stationary energy storage system (ESS) industry will be a significant source of lithium-ion batteries that can be recycled and reused, the head of Finnish state-owned energy company Fortum’s battery business line has said.

A grid-scale battery storage system will be built at the site of a nuclear power plant in Finland, providing backup in the event of disruption to grid supply.

Finland has launched a new battery development strategy and is touting for investors to build up its manufacturing industry.

The past few days have seen various announcements across the lithium-ion battery production value chain in Europe, Australia and the US.

Battery energy storage systems (BESS) from provider NIDEC ASI will be installed for customers Neoen and Uniper at sites in Finland and Sweden.

Independent renewable energy asset producer Neoen will build a 30MW / 30MWh grid-connected battery energy storage system (BESS) in Finland to help integrate the growing capacity of local wind energy.

European Commission greenlights €3.2bn research plan by seven major states to turn continent into global battery hub even as it signals it is ready to block imports on environmental grounds.

Almost exactly a year since the Nordic region’s ‘largest’ battery energy storage system to date was announced, Saft has said that the next system to take that crown will be a project the company will work on in Finland.

A study co-written by industry figures has put forward new claims of the cost-competitiveness of European solar-plus-storage, amid predictions that grid parity will unfold continent-wide by 2025.

A recycling process for lithium-ion batteries already up and running, by Finnish state-owned energy services company Fortum could make dramatic reductions in their environmental footprint, the company has said.