First China-Finland energy cooperation demonstration project
Guangzhou – August 17, 2022 – Guangzhou Nansha "Multiple in One" Micro – Energy Grid Demonstration Project is launched today in Nansha District, Guangzhou. It is the first China-Finland energy cooperation demonstration project implemented based on the Memorandum of Understanding (MoU) between the Finnish Ministry of Economic Affairs …
ib vogt closes sale on battery storage deal with Renewable …
Utility-scale renewables development platform ib vogt has completed the sale of the project rights for a Battery Energy Storage System (BESS) in Finland to …
European Commission approves state aid for 530MWh Finland pumped hydro plant
The European Commission (EC) has given the green light for state aid to contribute to the development of a large-scale pumped hydro energy storage (PHES) in Finland. The €26.3 million (US$27.5 million) investment grant will go towards construction and installation of a 75MW/530MWh PHES at a disused metal mine site in Pyhäsalmi, …
Suomen Voima Launches new pumped storage project in Finland
19 December 2023. Print Email. Suomen Voima has announced details of a new energy storage venture named ''Noste'' in the Kemijärvi region of Finland. The ambitious project involves the construction of 1-3 small-scale pumped-storage hydropower plants in Northern Finland, aimed at bolstering the country''s green transition and enhancing energy balance.
Evli''s renewable energy fund implements a major energy storage project …
Evli RE Infra II, a renewable energy fund of the Evli Fund Management Company, is the developer of the project and will continue as a co-investor in the project after Helen''s investment. " We believe that an electricity storage facility participating in the reserve markets is an attractive green transition investment for our renewable energy fund.
Suomen Voima to launch energy storage project in Kemijärvi
Suomen Voima''s energy storage project, Noste, will add much-needed balancing power in Finland, estimated at 100 – 200 MW, contributing to the efficient …
Sweden: Alfen and Hydro launch renewables BESS projects
May 31, 2024. Solar PV panels on the roof of Hydro''s facility in Vetlanda. Image: Norsk Hydro. System integrator Alfen will provide a BESS for co-location with a wind farm in Sweden while aluminium company Hydro has inaugurated a solar and BESS project at one of its extrusion facilities.
Neoen building 30MW BESS to support Finland''s wind energy growth
The project was recently expanded to 193.5MWh. Image: Neoen. 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. The France-headquartered company famously partnered …
Nordex to supply turbines for 148-MW wind project in Finland
Image by Helen Oy. Nordex SE (ETR:NDX1) said today it has landed an order to deliver and install turbines for a 147.5-MW onshore wind project in Finland''s North Ostrobothnia region. The contract was awarded by a consortium of Finnish energy utility Helen Oy and Alandsbanken Wind Power Fund which acquired the Karahka wind project …
Vatajankoski ''Sand Battery'' Inaugurated — Polar …
Suomeksi alla. The world''s first commercial sand-based energy storage system, or "sand battery," has officially been inaugurated in Vatajankoski, Kankaanpää on January 20th, 2023. Developed by Polar …
Suomen Voima to launch energy storage project in Kemijärvi
The goal is to build 1 – 3 small scale pumped-storage hydropower plants in Northern Finland to facilitate Finland''s green transition and to balance energy availability. The total investment for the project is estimated to be up to €300 million.
Three small pumped-storage schemes to go ahead in Finland
Suomen Voima Oy has announced plans to develop three small pumped-storage plants in Kemijärvi, northern Finland, with a combined capacity of 150-300 MW. …
Ardian Clean Energy Evergreen Fund (ACEEF) Invests in Finnish Battery Energy Storage …
Ardian, a world leading private investment house, in partnership with its operating platform eNordic, today announces it has taken Final Investment Decision (FID) to build Mertaniemi battery energy storage project, a 38.5MW one hour utility scale battery energy storage system (BESS) in Finland, to support the Finnish power grid.
SENS and Callio developing battery-hydro-solar project in Finland
Image: Tiia Monto / Flickr. Developers SENS and Callio have revealed a hybrid project in Finland which could combine a battery energy storage system (BESS), pumped hydro energy storage and solar PV technology. The companies have struck a principal agreement to develop the project at the decommissioned Pyhäsalmi mine in …
Finland: Glennmont enters storage market with 30MW Finnish battery project
28 Jun 2023. Leading clean energy investment fund manager, Glennmont Partners from Nuveen, have announced they will develop a 30MW battery storage project in Finland with Ilmatar, a Nordic energy company and independent power producer focusing exclusively to renewable energy, and Alfen, an energy solutions specialist based in the Netherlands.
MW Storage and Fluence deepen partnership to deliver their third …
The battery-based energy storage system is expected to increase grid stability by providing additional flexibility and support lower electricity prices through …
Glennmont, Ilmatar and Alfen to develop 30MW BESS in Finland
Construction has begun on a 30MW battery energy storage system (BESS) in Finland, developed by Glennmont Partners, local IPP Ilmatar, and deployed by ESS firm Alfen. The project broke ground in May this year and is set to reach commercial operation date (COD) in 2024. It will be sited adjacent to Glennmont''s 211MW …
Suomen Voima Is Launching Energy Storage Project ''Noste'' in …
Suomen Voima Oy is initiating an energy storage project named '' Noste '' in Kemijärvi. The goal is to build 1-3 small-scale pumped-storage hydropower plants in Northern Finland to facilitate Finland''s green transition and to balance energy availability.
Finland: Wind and pumped hydro limitations driving battery storage
Image: CWP Renewables via Twitter. Huge wind power deployments and the limitations of the existing fleet of pumped hydro energy storage (PHES) are driving the battery storage market in Finland, a local system integrator said. That''s according to executives from Merus Power speaking to Energy-Storage.news at Energy Storage …
Technologies for storing electricity in medium
The project aims to investigate the potential of different energy storage technologies in Finland. These should be able to store electrical energy and use it to produce electricity, …
IEA gives Finland''s energy policy a positive review again but …
The International Energy Agency (IEA) published the results of its review on Finland''s energy policy on 5 May 2023. According to the review Finland''s nuclear and renewable power strengths provide a solid foundation for reaching its ambitious climate targets. The IEA ...
Finland: Taaleri Energia & Merus Power 36MWh battery storage
Developers Taaleri Energia and Merus Power have partnered to deploy a 30MW/36MWh battery energy storage system in Finland, one of the country''s largest. The two will oversee the development of the battery storage system in Lempäälä in the southern municipality of Pirkanmaa, near Tampere, which will support the local electricity grid.
RPC buys 50-MW shovel-ready Finnish BESS project from ib vogt
German solar developer ib vogt GmbH has offloaded the rights to a 50-MW/50-MWh battery energy storage system (BESS) project in Finland to London …
Advancing Solar Energy Integration: ib vogt Sells Major Battery Storage Project in Finland to Renewable Power Capital
The storage project represents an important milestone that allows for greater integration of renewable energy sources into the energy system. Steve Hunter, RPC''s Managing Director of Energy Markets and Asset Management, highlighted the important role of battery storage in meeting Finland''s current grid stabilization needs and supporting the further expansion …
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 operating energy storage systems, has selected Fluence Energy B.V. (Fluence), a subsidiary of Fluence Energy, Inc. (NASDAQ: FLNC) to deliver their third battery-based energy storage project in Finland. The 20 MW / 20 MWh project will be …
ADVANCED CLEAN ENERGY STORAGE | Department of Energy
Advanced Clean Energy Storage may contribute to grid stabilization and reduction of curtailment of renewable energy by using hydrogen to provide long-term storage. The stored hydrogen is expected to be used as fuel for a hybrid 840 MW combined cycle gas turbine (CCGT) power plant that will be built to replace a retiring 1,800 MW coal-fired ...
Empire State-sized underground energy storage project is ''ten …
Empire State-sized underground energy storage project is ''ten times bigger than nearest rival ... But it is in fact being built under Vantaa – an unassuming city of around 240,000 people that borders Finland''s capital …
