Finland''s high and growing share of renewable energy generation creates sustained demand for flexibility, supporting robust commercial structures for large‑scale battery storage. The Tuisku project
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Norwegian state-owned utility Statkraft said on Wednesday it had signed a power purchase agreement (PPA) for two battery energy storage systems (BESS) developed by Sweden''s OX2 in
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Leading global law firm Herbert Smith Freehills Kramer has advised OX2 on the financing of its first energy storage facilities in Finland. The battery energy storage systems (BESS) are co
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Finland has launched the Nordic region''s first grid-forming battery energy storage system (BESS) at Fingrid''s Virkkala substation. This 30 MW/30
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Hitachi Energy has signed an agreement with Nordic Electro Power (NEPower) to provide advanced power conversion technology for Finland''s
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Hitachi Energy has signed an agreement with Nordic Electro Power (NEPower) to provide advanced power conversion technology for Finland''s
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Espoo, Finland, 25 February 2026 – Statkraft and Swedish developer OX2 have signed a seven-year, 235-MW battery energy storage agreement in Finland. This is Statkraft''s largest BESS
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The battery storage agreement will optimise against wind volatility as combined energy storage in Finland exceeds 1GW.
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Battery energy storage systems are currently the only utility-scale energy storages used to store electrical energy in Finland. BESSs are suitable for providing FCR and FFR services.
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Finnish startup launches a "sand-in-motion" pilot, delivering fossil-free steam to a brewery and cutting industrial energy costs.
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