Vehicle-to-grid (V2G) firm Nuvve will use its platform to manage 40MW of EV chargers and battery storage capacity in frequency regulation markets in Norway and Denmark.

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.

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.

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 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.

Swedish start-up Northvolt, which is run by two former Tesla Motors executives, plans to build a huge lithium-ion battery factory in the Nordic region, giving Tesla and Panasonic’s Nevada Gigafactory a close rival within Europe in terms of size.

The largest battery ever developed within the Nordic countries has been commissioned at Fortum’s Järvenpää power plant in Finland.