Neoen is set to build the Yllikkälä Power Reserve One, a new 30 MW energy storage plant with a storage capacity of 30 MWh near Lappeenranta in the south-east of Finland.
The facility will consist of lithium-ion stationary batteries. It will set to play a key role in stabilizing the national electricity system managed by Fingrid.
With Yllikkälä Power Reserve One, Neoen aims to establish itself as a leading force in frequency regulation in Finland. Aside from greater reliability and lower electricity grid stabilization costs, the plant will facilitate the integration of future renewable energies projects.
Country updates
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May 19, 2020
Fortum closes sale of 80% stake in 500 MW Nordic wind portfolio
Fortum has completed the sale of its 80% interest in the 500 MW Nordic wind portfolio to funds advised by Credit Suisse Energy Infrastructure Partners (CSEIP). The wind portfolio consists of Nyg&arin...
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May 05, 2020
Valmet to deliver biomass-fired boiler for 191 MW Naistenlahti power plant in Tampere
Valmet will deliver a biomass-fired boiler plant to Tampereen Sähkölaitos Oy’s Naistenlahti power plant in Tampere, Finland. The new Naistenlahti 3 boiler will replace the Naistenlahti...
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April 30, 2020
Infracapital buys majority interest in Fortum Recharge
Fortum has signed an agreement to sell a majority share of its public charging point operator (CPO), Fortum Recharge AS, for electrical vehicles in the Nordics to Infracapital. After the transaction,...
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April 29, 2020
Kansai Electric enters agreement to acquire 15% stake in 211.4 MW Piiparinmaki wind farm project
Kansai Electric Power Co Inc, through its unit KPIC Netherlands BV, has entered into an agreement with Glennmont Partners to acquire a 15% stake in the 211.4 MW Piiparinmaki wind farm p...
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April 14, 2020
Nordex to supply wind turbines for 30 MW Konttisuo wind project in Soini
Nordex Group received an order from German wind power developer Energiequelle to supply and install seven N149/4.0-4.5 turbines in Finland. The project also includes a Premium Service Agreement coveri...
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