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
The capital supported over 1.6 GWac of U.S. battery storage projects since the solar real-estate investment fund expanded into energy storage less than two years ago.
Enfinity Global has secured €100 million from Eiffel Investment Group to advance its solar PV and energy storage portfolio in Europe.
The funding comes from the EU Renewable Energy Financing Mechanism (RENEWFM), established to support clean energy development across member states. Seven
The European Climate, Infrastructure and Environment Executive Agency (CINEA) has signed grant agreements with seven solar projects across Finland with a combined capacity of 212.99 MW.
Solar Energy generation can fall from peak to zero in seconds. DC Coupled energy storage can alleviate renewable intermittency and provide stable output at point of
As such, we''re providing this "Cheat Sheet for Energy Storage Finance" based on our work as buy-side and sell-side investment bankers experienced in both energy storage venture capital and project finance. I''m also including some
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
Integrating battery energy storage systems (BESS) with solar projects is continuing to be a key strategy for strengthening grid resilience and optimising power dispatch. With proper planning
2025 is a pivotal year for the renewable energy sector, with a range of high-impact projects nearing final investment decision (FID). These ventures, spanning offshore wind, solar and onshore wind, are set to unlock
On 16 December 2021,the Government issued a decree that will allow support to energy investmentsunder Finland''s Recovery and Resilience Plan in 2022-2026. The aim is to
Ultimately, the combination of greater flexibility and lower risks for renewable energy projects could help make storage, whether standalone or co-located, a more lucrative investment opportunity
A roundup of the biggest projects, financing and offtake deals in the energy storage sector that we have reported on this year. It''s been a positive year for energy storage
Utility Helen is launching a 40MW battery energy storage system (BESS) project in Nurmijärvi, southern Finland, for 2025 commercial operation.
The facility agreement for the Eurajoki solar farm will be replicated to finance three additional projects in Alight''s near-term Finnish pipeline, totaling 200+ MWp and more
Third-party ownership (TPO) of non-residential projects in the US has led C&I and community solar financing in 2024.
Renewable energy has moved to the mainstream.This article was original published in Project Finance International in December 2017. Renewable energy has moved to the mainstream.
Enfinity Global Inc. has closed up to €100 million bond facility to support its energy storage and solar PV projects deployment across Europe. The facility is being provided
The European Climate, Infrastructure and Environment Executive Agency (CINEA) has signed grant agreements with seven solar projects across Finland with a combined capacity of 212.99 MW. A total
This paper has provided a comprehensive review of the current status and developments of energy storage in Finland, and this information could prove useful in future
What are the benefits and challenges of installing solar PV systems on commercial rooftops? Chris provides some insights and tips on how to make the most of the
Solartech Indonesia 2026 – ASEAN''s Key Solar PV Systems Platform Solatech Indonesia 2026 is held to support government plan to achieve Net Zero Emission by featuring the largest exhibition in Southeast Asia that focuses on the Solar
financing Subsidies and new business models from the capital market to finance the solar energy transition are the focus of this topic. Investors and banking experts in particular will find what
What are the benefits and challenges of installing solar PV systems on commercial rooftops? Chris provides some insights and tips on how to make the most of the EU solar mandate in Finland.
The questions below are geared toward existing building upgrades. If it is a new construction project there may be more financing options, as well as the ability to combine financing
A flurry of major grid-scale BESS news in Finland, Netherlands, France and Germany, from Merus Power, DOE, Alpiq and Eco Stor.
This study reviews the status and prospects for energy storage activities in Finland. The adequacy of the reserve market products and balancing capacity in the Finnish
EASE has produced an analysis of all draft National Energy and Climate Plans (NECPs) released in 2023, to help readers assess how, or even if, energy storage is accounted for in Member
The granting of aid is based on overall consideration and comparison of projects, with special attention paid to the feasibility of projects, as the investments must be
State Energy Financing Institution (SEFI) Projects (1703) SEFI projects support deployment of a qualifying clean energy technology and receive meaningful financial support or credit
2026 marks a defining moment not only for Europe''s energy storage sector, but for the global energy transition as a whole. The Energy Storage Summit will spotlight the critical role storage plays in achieving net zero, while also
Seven of the projects are located in Finland and focus entirely on solar photovoltaic installations. The remaining two, both in Estonia, will expand onshore wind generation. Combined, the projects will deliver 445.65 megawatts (MW) of new renewable energy capacity by 2028.
Finland is one of the few countries where solar power, in many cases, does not receive any subsidies , although companies and communities may apply for energy aid for smaller-scale (<5 MW) solar PV projects, which covers 15 % of the investment costs .
This study reviews the status and prospects for energy storage activities in Finland. The adequacy of the reserve market products and balancing capacity in the Finnish energy system are also studied and discussed. The review shows that in recent years, there has been a notable increase in the deployment of energy storage solutions.
Nevertheless, there has still been significant growth in Finland for both industrial and household PV installations. In 2022, the installed capacity of mostly small-scale grid-connected PV installations increased to 395 MW from 288 MW in the previous year, yielding an annual growth rate of 37 % .
Wind power generation is estimated to grow substantially in the future in Finland. Energy storage may provide the flexibility needed in the energy transition. Reserve markets are currently driving the demand for energy storage systems. Legislative changes have improved prospects for some energy storages.
Currently, utility-scale energy storage technologies that have been commissioned in Finland are limited to BESS (lithium-ion batteries) and TES, mainly TTES and Cavern Thermal Energy Storages (CTES) connected to DH systems.