YIT will begin excavation work for the Varanto seasonal heat storage project in Vantaa city''s Kuusikonmaki area in Finland, in December 2025. The Varanto Thermal Energy
The 70 MW/140 MWh BESS project will be located in Nivala, northern Finland. Set to go online in 2026, the facility will enhance grid stability, energy resilience and accelerate green electrification.
A report from BloombergNEF indicates global energy storage deployment is expected to exceed 300 gigawatts by 2030, reflecting a tenfold increase from 2020 levels.
The energy storage facility delivered by Merus Power to Lappeenranta, Finland, has been completed and put into market use on 15 May 2025. The energy storage facility is
A report from BloombergNEF indicates global energy storage deployment is expected to exceed 300 gigawatts by 2030, reflecting a tenfold increase from 2020 levels. Finland''s project aligns with these trends,
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
The first project, currently under construction, consists of 13 new grid scale battery energy storage systems across the south of Sweden, and is planned to add an additional 196 MW of flexible capacity to the
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 Finnish-based
Jameel Energy''s FRV partners with AMPTank to build 100MW/200MWh SIMO storage project in Finnish Lapland, deploying Sungrow and Huawei battery technology to
The 70 MW/140 MWh BESS project will be located in Nivala, northern Finland. Set to go online in 2026, the facility will enhance grid stability, energy resilience and accelerate
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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
The first project, currently under construction, consists of 13 new grid scale battery energy storage systems across the south of Sweden, and is planned to add an additional 196

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.
After the start of commercial operations in 2026, the project will contribute an important balancing function to the Finnish grid, supporting the Finnish renewable energy expansion. The groundbreaking ceremony took place in the afternoon on Monday the 26th of May on the site near Nivala where the battery energy storage system will be built.
Energy storage systems offer a solution. “This groundbreaking is an important moment for Finland’s energy transition and a concrete step toward a more flexible, resilient, and decarbonized energy system,” said Jussi Jyrinsalo, Senior Vice President at Fingrid.
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.
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