Developer OX2 and L&G NTR Clean Power (Europe) Fund have agreed a deal for a 2-hour battery energy storage system (BESS) in Finland.

Swiss investment fund and project development vehicle MW Storage has contracted Fluence to supply and integrate a 20MW battery storage asset in Finland.

Telecoms specialist Elisa is deploying battery and PV systems at base towers in Finland, which will “implement virtual power plant (VPP) optimisation of locally produced solar energy.”

Global investment group Brookfield intends to acquire French renewables and energy storage developer and independent power producer (IPP) Neoen.

While Norway once aimed to be the ‘battery of Europe’ it has since been overtaken other Nordic countries Sweden and Finland for BESS deployments. Research firm LCP Delta’s Jon Ferris explores the region’s energy storage market dynamics in this long-form article.  

Morrow Batteries, one of several startups committed to producing lithium-ion batteries at gigawatt-hour scale from factories in Scandinavia, has secured a 5.5GWh offtake deal.  

Optimisation company Flower has acquired a 42.5MW/42.5MWh BESS project from developer OX2 in Sweden, a milestone deal for both companies.

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 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.

Swiss-headquartered independent power producer (IPP) Axpo has brought its first BESS project in Sweden online, a 20MW/20MWh system in Landskrona.