Finnish energy storage blade battery supplier

Is Ingrid developing a battery energy storage system?

Ingrid is developing the battery energy storage system (BESS) project in partnership with investor SEB Nordic Energy portfolio company Locus Energy for a commercial operation date (COD) in 2026. The firm said it the project in Nivala, in the Northern Ostrobothnia region of Finland, is the largest ready-to-build (RTB) BESS in Finland.

Will electricity be the backbone of Finland's energy system by 2050?

“By 2050, electricity will be the backbone of the entire energy system,” said Matti Vaattovaara, Country Managing Director of Hitachi ABB Power Grids’ business in Finland. He continued, “Together with TVO, we are enabling the people of Finland to move towards a carbon-neutral future.

What drives the Finnish storage market?

Revenues in the Finnish storage market have largely been driven by ancillary services, primarily mFRR, aFRR, FCR-N, FCR-D, and FFR, but opportunities in energy trading are also increasing with the renewables buildout.

What is the largest ready-to-build Bess project in Finland?

The firm said it the project in Nivala, in the Northern Ostrobothnia region of Finland, is the largest ready-to-build (RTB) BESS in Finland. The previously claimed largest project in the country was one that independent power producer (IPP) Neoen started construction on in January 2024, at 56.4MW/112.9MWh

What is a 90-megawatt battery energy storage system?

The 90-megawatt battery energy storage system supports the stability of Finland's energy network and will help the country meet its climate goals. Hitachi ABB Power Grids has been awarded a contract to provide Teollisuuden Voima (TVO) with one of Europe's largest battery energy storage systems (BESS) to the island of Olkiluoto.

When will a battery energy storage system be commissioned?

The battery energy storage system will be commissioned in 2022. Hitachi ABB Power Grids has delivered more than 600 MW of battery energy storage systems and the intelligent automation solutions supporting them worldwide.