Industrial battery cabinet project financing options in Finland 2026

Where is the largest battery energy storage system in Finland?

SEB Nordic Energy’s portfolio company Locus Energy, in collaboration with Ingrid Capacity, proudly announces the groundbreaking of one of Finland’s largest battery energy storage system (BESS) in Nivala Municipality, Northern Ostrobothnia.

What is the largest battery energy storage project in the Nordics?

SEB Nordic Energy’s portfolio company, Locus Energy, in collaboration with Ingrid Capacity, will build the largest battery energy storage project in the Nordics. The project will add 70 MW/140 MWh of storage capacity to SEB Nordic Energy’s Finnish portfolio, which already includes wind and hydropower.

Are energy storage systems a solution to Finland's energy transition?

Energy storage systems offer a solution. “This groundbreaking is an important moment for Finland’s energy transition and a concrete step toward a more flexible, resilient, and decarbonized energy system,” said Jussi Jyrinsalo, Senior Vice President at Fingrid.

Does Finland need battery storage?

Steve Hunter, Managing Director of Power Markets and Asset Management at RPC said: “Finland has a real need for battery storage at the moment, and this deal can play a significant role in providing the grid stabilisation required to support further renewables build-out.

Where is the battery energy storage project located?

The large-scale battery energy storage (BESS) project is located in the Southern Ostrobothnia region of Finland. Construction is expected to start during Q2 2025, with operations of the BESS commencing in 2026.

Does RPC have a strong renewables presence in Finland?

RPC already has a strong renewables presence in the region, with over 170MW of Finnish onshore wind in operation across three sites. “BESS applications are crucial for the successful transition of energy services from fossil fuels to green energy solutions,” said Anton Milner, CEO of ib vogt.