With the strategic investment in the 125 MW BESS project in Finland, Alpiq is strengthening its position in the Nordic countries and as a provider of flexibility for the energy
FINLAND Transmission Grids, Capital Cost and Energy Storage are the key 4 World Energy Issues Monitor survey results. Risk to Peace, Affordability and Acceptability ment is very high
Renewable energy in Finland increased from 34% of the total final energy consumption (TFEC) in 2011 to 48% by the end of 2021, primarily driven by bioenergy (38%), hydroelectric power
Renewable Underground Pumped Hydroelectric Energy Storage is a 2MW hydro power project. It is planned in Aland Islands, Finland. According to GlobalData, who tracks and profiles over
This thesis has been conducted to address these issues. The aim of this thesis is to study whether wind, solar and battery energy storages could be co-located to improve
Danish renewable energy developer European Energy has secured a €145m green loan to finance a hybrid renewable project in Anykščiai, Lithuania. The project includes a
By developing hybrid systems that combine wind and solar power with other technologies such as batteries, hydrogen or biofuels, Finland can achieve its ambitious climate goals while ensuring its energy security and
NTR, a leading European renewable energy developer, has selected Fluence for its flagship Uusnivala BESS Project in Finland. This contract award comes as the developer
The large-scale battery energy storage (BESS) project is located in the Southern Ostrobothnia region of Finland. Construction is expected to start during Q2 2025, with operations of the BESS commencing in 2026. Fu
Annual additions to global renewable electricity capacity are expected to average around 305 GW per year between 2021 and 2026 in the IEA main case forecast. This implies an acceleration of
London-based renewables platform Renewable Power Capital (RPC) announced today plans for its first battery energy storage project, a 50-MW/100-MWh facility in Finland which will be equipped with technology
Renewable Power Capital''s first BESS site is planned to be operating in summer 2026. Located in Uusikaupunki, Finland, the project will bring 50MW/100MWh of storage to the system. The
SEB Nordic Energy''s portfolio company, Locus Energy collaborates with Ingrid Capacity to build the largest battery energy storage project in Finland, contributing 70 MW/140
The large-scale battery energy storage (BESS) project is located in the Southern Ostrobothnia region of Finland. Construction is expected to start during Q2 2025, with operations of the BESS commencing in 2026.
Swiss power producer and energy services provider Alpiq announced the acquisition of a 125-MW battery storage project in Finland and said it would make more investments in the European energy storage sector.
Here are the top renewable energy trends to watch in 2026. 1. Energy Storage Breakthroughs One of the biggest bottlenecks in renewable adoption is storage. In 2026, we''ll see: Wider deployment of next-gen lithium
Located in Nivala Municipality in Finland''s Ostrobothnia region, the project is expected to be completed in 2026. The Nivala battery storage project marks SEB Nordic
The energy system is in real need of efficient and well-managed storage to make the most of its abundant wind resources. We look forward to working with Suvic Oy and
With its ambitious climate goals, abundance of renewable energy sources and forward-thinking innovation, Finland ofers a compelling opportunity for renewable energy developers and
The awarded projects will add a total capacity of 445.65 MW of renewable energy installations, and are expected to be commissioned between 2027 and 2028.
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
To help diversify Finland''s energy production structure and ensure a successful energy transition in the country, investments into new types of renewable energy projects and
France-based private investment house Ardian, alongside its sustainable energy platform eNordic, has taken the final investment decision (FID) on a 30-MW/30-MWh battery
The growing need for sustainable energy solutions has propelled the development of Hybrid Renewable Energy Systems (HRESs), which integrate diverse renewable sources like solar, wind, biomass, geothermal, hydropower
To assess the impacts of these developments on investment and deal flow, the American Council on Renewable Energy (ACORE) surveyed companies that actively develop or finance U.S.
chanisms to cope with this large share of generation from variable renewable energy sources. Energy storage is one solution that can provide this flexibility and is therefore expected t grow.
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
The project will add 70 MW/140 MWh of storage capacity to SEB Nordic Energy''s Finnish portfolio, which already includes wind and hydropower. Located in Nivala Municipality
RE Milestone. President Ferdinand Marcos Jr. (center) leads the groundbreaking ceremony of the MTerra Solar Project — the world''s largest integrated solar and battery storage facility. Seen in the photo are (from L-R)
Why Finland Leads Europe''s Battery Storage Boom With wind power generation jumping 23% year-on-year in Q1 2025 [1] and solar capacity projected to triple by 2027 [3], Finland''s energy
The BESS aims to energise in early 2026 after SSE made a final investment decision on the project in November 2023. Image: SSE. The renewable energy arm of utility SSE has begun
Nala Renewables, IFM Investors and Trafigura ''s global renewable energy investment platform, is acquiring a 50MW battery energy storage (BESS) project in Finland from Fu-Gen. Nala said has agreed to
As Finland''s energy transition accelerates, one thing''s clear: the country isn''t just building storage projects – it''s engineering the template for cold-climate renewable integration worldwide.
Located in Nivala Municipality in Finland’s Ostrobothnia region, the project is expected to be completed in 2026. The Nivala battery storage project marks SEB Nordic Energy’s second significant investment in Finland in a short time. It follows a 125 GWh wind portfolio comprising 13 wind turbines across three wind parks.
The Finnish TSO, Fingrid, is continuously taking measures to respond to the fast-growing number of renewable installations. The power system is getting more complicated both from a technical and commercial perspective, with many large changes occurring simultaneously both in electricity production and consumption.
For the 2035 scenarios, the hydrogen storage capacities ranged from 0 to 152 GWh. Table 2. Ranges of wind power capacities and production, and electricity storage capacities, across different Finnish electricity system scenarios in 2035 according to Fingrid .
There is a variety of EU-funded financial tools and incentives for hydrogen projects . The affordable low-carbon electricity grid, the high availability of new VRES, and the willingness to pay from local offtakers, are making Finland attractive for European renewable hydrogen projects.
The hydropower reservoir size in Finland is about 5.5 TWh . However, one-third of the hydropower plants are run-of-river plants that cannot be used as regulating power for weather-dependent wind and solar power .
The EU has set up ambitious targets in the RePowerEU Plan for 10 million tons per year (330 TWh/y) of domestic renewable hydrogen production by 2030. The most significant targets on the demand side for renewable hydrogen are set in the revised Renewable Energy Directive, RED III .
