Finland’s Huge Battery-Storage Project to Start Construction
A rendering of Ingrid Capacity’s Nivala battery project in Finland.
Source: Ingrid Capacity ABThis article is for subscribers only.
A battery-storage project that will become the biggest in Finland has been given the go-ahead to start construction.
The final investment decision, taken in late February by SEB Nordic Energy’s Locus Energy and Ingrid Capacity AB, means construction in Nivala will start immediately. The 70-megawatt system — which can store power for two hours — will be operational in the second half of next year, Ingrid Chief Strategy Officer Nicklas Backer said in an interview, declining to provide financial details.