Haapajärvi, 30 June 2025 — NEPower and Alpiq, a leading Swiss electricity producer and energy service provider, have signed an agreement on the construction of a grid connection to the largest battery energy storage system (BESS) to be built in Finland, to date and a related 110/33 kV substation in Haapajärvi.Is this Finland's largest battery energy storage system?Swedish flexible assets developer and optimizer Ingrid Capacity has joined hands with SEB Nordic Energy’s portfolio company Locus Energy to develop what is claimed to be Finland’s largest and one of the Nordics’ largest battery energy storage systems (BESS). The 70 MW/140 MWh BESS project will be located in Nivala, northern Finland.
Is Ingrid developing a battery energy storage system?Ingrid is developing the battery energy storage system (BESS) project in partnership with investor SEB Nordic Energy portfolio company Locus Energy for a commercial operation date (COD) in 2026. The firm said it the project in Nivala, in the Northern Ostrobothnia region of Finland, is the largest ready-to-build (RTB) BESS in Finland.
Why is the battery energy storage system in Nivala a good investment?The battery energy storage system in Nivala is an investment that further diversifies the Fund’s Finnish portfolio, further advancing the renewable energy transition, —aligned with the Fund’s mission to accelerate renewable energy solutions” says Richard Gavel, Portfolio Manager, SEB Nordic Energy.
When will the energy grid project start in Finland?The project proponents have confirmed that the construction works will start in March 2025. The project, which is one of the largest of its kind in Finland, will provide grid services including frequency response and will be able to participate in energy trading on wholesale power markets.
What is the largest ready-to-build Bess project in Finland?The firm said it the project in Nivala, in the Northern Ostrobothnia region of Finland, is the largest ready-to-build (RTB) BESS in Finland. The previously claimed largest project in the country was one that independent power producer (IPP) Neoen started construction on in January 2024, at 56.4MW/112.9MWh.
What is the largest Bess project in Finland?A render of the project in Finland. Image: Ingrid Capacity. Sweden-headquartered BESS developer-operator Ingrid Capacity will build a 70MW/140MWh project in Finland, which it claimed will be the largest in the count
Mar 5, 2025 · Ingrid is developing the battery energy storage system (BESS) project in partnership with investor SEB Nordic Energy portfolio company
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Jul 25, 2024 · Finnish utility Helen launches a 40 MW battery project to stabilize the grid and integrate renewables. To learn more about the project check our
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Mar 20, 2025 · Construction of Finland''s first cathode active material (CAM) plant will begin in April 2025 in Kotka. The facility, developed by Easpring Finland New Materials Oy, will supply
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Mar 5, 2025 · Finland''s authorization of its largest battery-storage project marks a pivotal point in the renewable energy landscape. As energy stakeholders
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Mar 5, 2025 · The final investment decision, taken in late February by SEB Nordic Energy''s Locus Energy and Ingrid Capacity AB, means construction in Nivala will start immediately.
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Jun 17, 2020 · When French renewable energy expert Neoen wanted to build the Nordics'' largest battery storage unit in Finland, Fingrid was ready and eager to
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Aug 8, 2025 · We provide a detailed report on all the major Battery Storage construction projects around the world with key focus on the largest projects in
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Renewable Power Capital is a London-headquartered pan-European renewables company established in 2020, with the backing of CPP Investments. RPC invests in the development,
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May 26, 2025 · A 125 MW battery energy storage system (BESS) in Finland reaches ready-to-build status—one of the country''s largest BESS projects to
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Mar 5, 2025 · (Bloomberg) — A battery-storage project that will become the biggest in Finland has been given the go-ahead to start construction. The final investment decision, taken in late
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Jul 15, 2024 · The review shows that in recent years, there has been a notable increase in the deployment of energy storage solutions. There has especially been growth in utility-scale
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MW Storage and Fluence deepen partnership to deliver their third energy storage project in Finland MW Storage, a Swiss investment fund experienced in financing, developing, and
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A groundbreaking renewable energy initiative is about to take shape in Finland, as a massive battery storage project is set to commence construction soon. This ambitious endeavor aims
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May 17, 2025 · Global solar and energy storage leader Sungrow has announced the successful commissioning of a 60MWh Battery Energy Storage System (BESS) project in Simo, Finland,
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Dec 27, 2023 · Nidec will have the overall responsibility of the construction project and will supply the battery containers, battery cells and inverters. The 56.4 MW / 112.9 MWh lithium-ion 2
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May 29, 2025 · Battery energy storage system (BESS) operator Ingrid Capacity and investor SEB Nordic Energy portfolio company Locus Energy have
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Feb 8, 2024 · Utility Helen is launching a 40MW battery energy storage system (BESS) project in Nurmijärvi, southern Finland, for 2025 commercial operation.
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Apr 30, 2025 · NTR has contracted partners for a 55MW battery storage project in Finland, enhancing energy resilience and supporting decarbonization efforts.
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May 27, 2025 · SEB Nordic Energy''s portfolio company Locus Energy, in collaboration with Ingrid Capacity, has announced the start of construction work on Finland''s largest battery energy
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Mar 5, 2025 · A battery-storage project that will become the biggest in Finland has been given the go-ahead to start construction.
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Jan 30, 2024 · Neoen has started construction on a 2-hour 56MW/113MWh battery storage project in Finland, the largest in the Nordics.
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Nov 26, 2024 · Merus Power''s project in Finland, currently the largest online in the country. Image: Merus Power. A flurry of major grid-scale BESS news in
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Mar 11, 2025 · Swedish flexible assets developer and optimizer Ingrid Capacity has joined hands with SEB Nordic Energy''s portfolio company Locus Energy to develop what is claimed to be
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Nov 7, 2024 · FRV, part of Jameel Energy, has announced a strategic joint venture with AMP Tank Finland Oy, a developer of energy storage systems in
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This collaboration marks the development of the first joint Battery Energy Storage System (BESS) 60 MWh site in Simo, Finland, located at the top of the Baltic
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Jun 3, 2025 · The Battery Energy Storage System will contribute, for its part, to securing an uninterrupted supply of electricity in Finland. The primary purpose of the Battery Energy
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4 days ago · Paistinkulma Energy Storage is set to become one of the largest battery energy storage systems (BESS) operating in Finland''s frequency reserve market. Taaleri Energia, a
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Aug 13, 2025 · Winda Energy has announced a 30MW/60MWh battery energy storage project in Rautavaara, Finland, marking its entry into the energy storage sector with construction set for
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May 27, 2025 · When commercial operations begin in 2026, the system will balance the Finnish electricity grid and support the growth of renewable energy in Finland. The groundbreaking
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Mar 25, 2025 · The Swiss energy company Alpiq and Pohjan Voima have today agreed on the acquisition of the Pysäysperä battery energy storage system (BESS) project. Located in
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Nov 6, 2024 · FRV and AMP Tank are powering Finland''s future with a groundbreaking 60-MWh battery storage system, paving the way for a cleaner, renewable energy landscape.
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Haapajärvi, 30 June 2025 — NEPower and Alpiq, a leading Swiss electricity producer and energy service provider, have signed an agreement on the construction of a grid connection to the
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Aug 1, 2024 · The battery energy storage project Uusnivala will have a total capacity of 50MW / 110 MWh and provide the Finnish grid system with ancillary services to help regulate
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Swedish flexible assets developer and optimizer Ingrid Capacity has joined hands with SEB Nordic Energy’s portfolio company Locus Energy to develop what is claimed to be Finland’s largest and one of the Nordics’ largest battery energy storage systems (BESS). The 70 MW/140 MWh BESS project will be located in Nivala, northern Finland.
Ingrid is developing the battery energy storage system (BESS) project in partnership with investor SEB Nordic Energy portfolio company Locus Energy for a commercial operation date (COD) in 2026. The firm said it the project in Nivala, in the Northern Ostrobothnia region of Finland, is the largest ready-to-build (RTB) BESS in Finland.
The battery energy storage system in Nivala is an investment that further diversifies the Fund’s Finnish portfolio, further advancing the renewable energy transition, —aligned with the Fund’s mission to accelerate renewable energy solutions” says Richard Gavel, Portfolio Manager, SEB Nordic Energy
The project proponents have confirmed that the construction works will start in March 2025. The project, which is one of the largest of its kind in Finland, will provide grid services including frequency response and will be able to participate in energy trading on wholesale power markets.
The firm said it the project in Nivala, in the Northern Ostrobothnia region of Finland, is the largest ready-to-build (RTB) BESS in Finland. The previously claimed largest project in the country was one that independent power producer (IPP) Neoen started construction on in January 2024, at 56.4MW/112.9MWh.
A render of the project in Finland. Image: Ingrid Capacity. Sweden-headquartered BESS developer-operator Ingrid Capacity will build a 70MW/140MWh project in Finland, which it claimed will be the largest in the country.
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The global commercial and industrial solar energy storage battery market is experiencing unprecedented growth, with demand increasing by over 400% in the past three years. Large-scale battery storage solutions now account for approximately 45% of all new commercial solar installations worldwide. North America leads with 42% market share, driven by corporate sustainability goals and federal investment tax credits that reduce total system costs by 30-35%. Europe follows with 35% market share, where standardized industrial storage designs have cut installation timelines by 60% compared to custom solutions. Asia-Pacific represents the fastest-growing region at 50% CAGR, with manufacturing innovations reducing system prices by 20% annually. Emerging markets are adopting commercial storage for peak shaving and energy cost reduction, with typical payback periods of 3-6 years. Modern industrial installations now feature integrated systems with 50kWh to multi-megawatt capacity at costs below $500/kWh for complete energy solutions.
Technological advancements are dramatically improving solar energy storage battery performance while reducing costs for commercial applications. Next-generation battery management systems maintain optimal performance with 50% less energy loss, extending battery lifespan to 20+ years. Standardized plug-and-play designs have reduced installation costs from $1,000/kW to $550/kW since 2022. Smart integration features now allow industrial systems to operate as virtual power plants, increasing business savings by 40% through time-of-use optimization and grid services. Safety innovations including multi-stage protection and thermal management systems have reduced insurance premiums by 30% for commercial storage installations. New modular designs enable capacity expansion through simple battery additions at just $450/kWh for incremental storage. These innovations have improved ROI significantly, with commercial projects typically achieving payback in 4-7 years depending on local electricity rates and incentive programs. Recent pricing trends show standard industrial systems (50-100kWh) starting at $25,000 and premium systems (200-500kWh) from $100,000, with flexible financing options available for businesses.