Global Organization

How can a green energy transition be sustainable?

To ensure that the materials in used for the green energy transition are recoverable and therefore can be considered sustainable, we have two projects on circular design of energy systems. Hyper-sphere is an Academy of Finland project in collaboration with Prof. Rodrigo Serna at the School of Chemical Engineering.

Will a new mine in Finland use gravity?

It will use gravity to retain excess power for when it is needed. The remote Finnish community of Pyhäjärvi is 450 kilometres north of Helsinki. Its more than 1,400-metre-deep zinc and copper Pyhäsalmi mine was decommissioned but is now being given a new lease of life by Scotland-based company Gravitricity.

Who congratulates Fingrid & Lappeenranta?

Jerri Loikkanen, Country Director for Finland, said: “I would like to thank Fingrid and the municipality of Lappeenranta for their continuous support. As a pioneer and global leader in the storage field, we are delighted and very proud to be launching the construction of the largest battery in the Nordics.

Why is Neoen investing in Lappeenranta?

Tuomo Sallinen, Acting Mayor of the City of Lappeenranta, continues: “Neoen’s investment decision is extremely important to Lappeenranta and will support Lappeenranta’s goal to act as a European trailblazer in renewable energy, electricity storage solutions and innovative green electrification business.”

How will Fingrid achieve its climate goals?

Jukka Ruusunen, President and Chief Executive Officer of Fingrid, said: “Electrification is one of the key measures by which Finland will achieve its climate goals. The electricity system is expanding and requires more flexibility in order to balance supply and demand. Batteries are excellent sources of rapid flexibility.

What does the energy storage team do?

In the energy storage team, we work with a large variety of different energy storage technologies to support the transition to renewable energy production. The AIcon approach. Figure credit: Prajwal Pisal.

Neoen launches construction of Yllikkälä Power Reserve Two in …

Based in Helsinki since 2018 and in Lappeenranta since 2023, Neoen''s Finnish team is developing multiple wind, solar and storage projects across the country. …

Energy storage systems and materials | Aalto University

To ensure that the materials in used for the green energy transition are recoverable and therefore can be considered sustainable, we have two projects on circular design of energy systems. Hyper-sphere is an …

Aquila and MW storage launch Finland BESS projects

Aquila Clean Energy EMEA has started construction on a 50MW BESS in Finland, while MW Storage has launched two new projects in the country. Aquila, a developer …

This disused mine in Finland is being turned into a …

A study published by a team of international researchers last month found that gravity batteries in decommissioned mines could offer a cost-effective, long-term solution for storing energy as the...

A review of the current status of energy storage in Finland and …

As Finland is proceeding towards achieving carbon neutrality by 2035, energy storage can help facilitate the integration of increasing amounts of VRES in Finland by …

Neoen launches construction of Yllikkälä Power Reserve Two in Finland …

Based in Helsinki since 2018 and in Lappeenranta since 2023, Neoen''s Finnish team is developing multiple wind, solar and storage projects across the country. …

SENS acquires battery and underground pumped storage project in Finland ...

Sustainable Energy Solutions Sweden Holding AB (publ) ("SENS" or the "Company") today announces that the Company has acquired 100% of two sub-projects within …

Helen to improve the flexibility of the electricity system …

The battery electricity storage system will balance Finland''s electricity production and consumption by participating in Fingrid''s reserve markets. The project combines the core competencies of two reliable …

Finland is a world leader in clean energy. Here''s what''s driving its ...

Part of this move will include the development of heat storage and smart meters, and more energy-efficient building design. Currently, the US is the world''s leading …

Aquila and MW storage launch Finland BESS projects

Aquila Clean Energy EMEA has started construction on a 50MW BESS in Finland, while MW Storage has launched two new projects in the country. Aquila, a developer and independent power producer (IPP), has …

Powering the Nordic Market with Battery-based Energy Storage

Energy storage is an essential addition to Sweden and Finland''s energy system to transform it into Europe''s clean energy hub. Based on experience from other European …

Skanska invests €24m in sustainable residential project in Helsinki

4 · Skanska has announced an investment of €24m ($25.2m) in a sustainable residential development project in Helsinki, Finland. This initiative underscores the company''s …

Hybrid pumped hydro-BESS project takes shape in Finland

A ''new energy cluster in Finland'' plans to co-locate a 75 MW underground pumped storage hydroelectric (UPHS) facility and a 85 MW battery energy storage system …

Hybrid pumped hydro-BESS project takes shape in …

A ''new energy cluster in Finland'' plans to co-locate a 75 MW underground pumped storage hydroelectric (UPHS) facility and a 85 MW battery energy storage system (BESS) at a mine near the town of Pyhäjärvi in central …

Finland to Host 90 GWh Thermal Energy Storage System

Vantaa Energy plans to build a 90 GWh thermal energy storage facility in Vantaa underground caverns, near Helsinki. It says it will be the world''s largest seasonal …

This disused mine in Finland is being turned into a gravity battery …

A study published by a team of international researchers last month found that gravity batteries in decommissioned mines could offer a cost-effective, long-term solution for …

Ardian Clean Energy Evergreen Fund (ACEEF) Invests in Finnish …

It will see the development of a 1-hour 38.5-megawatt energy storage system. The project is due to complete in spring 2025 and is located near the Mertaniemi power plant …

Helen to improve the flexibility of the electricity system by …

The battery electricity storage system will balance Finland''s electricity production and consumption by participating in Fingrid''s reserve markets. The project …

Innovestor unveils €20M energy storage project to support Finland…

Finnish investment manager Innovestor has initiated a €20 million energy storage project focusing on decentralized systems installed in commercial properties across …

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, heat, or different

Energy storage systems and materials | Aalto University

To ensure that the materials in used for the green energy transition are recoverable and therefore can be considered sustainable, we have two projects on circular …

Sand Battery

Make an entire energy system climate-neutral. Designed to decarbonize entire energy systems, perfect for large-scale industrial processes, energy companies, district heating networks, or space heating needs. Large high-temperature …

ib vogt Completes Sale of Major Battery Energy Storage System Project ...

ib vogt, a leading utility-scale renewables development platform, has finalized the sale of project rights for a 50MW/50MWh Battery Energy Storage System (BESS) in …

Innovestor unveils €20M energy storage project to …

Finnish investment manager Innovestor has initiated a €20 million energy storage project focusing on decentralized systems installed in commercial properties across Finland. This effort aims to address fluctuations …