Finland's First 50MW Battery Storage Project Unveiled
- Renewable Power Capital secures 50MW battery storage project in Finland, marking their first storage deal in the country. Exciting growth plans ahead!
Renewable Power Capital (RPC) has acquired a 50MW battery storage project in Uusikaupunki, Finland from Ib Vogt. The project is set to be completed in Q4 2025 and will be funded on a fully merchant basis, bidding into ancillary services and wholesale power markets. This marks RPC's first storage deal in Finland, with plans to expand further in the country's storage market.
RPC currently operates over 170MW of Finnish wind capacity and sees the Finnish storage market as a key area for growth. Steve Hunter, Managing Director of Power Markets and Asset Management at RPC, highlighted the importance of battery storage in providing grid stabilisation to support renewable energy expansion. Anton Milner, CEO of Ib Vogt, expressed gratitude for the collaboration with RPC in advancing clean energy goals in Finland.
What is RPC's strategy for expanding in Finland's storage market?
- RPC's strategy for expanding in Finland's storage market involves acquiring a 50MW battery storage project in Uusikaupunki from Ib Vogt.
- The project is scheduled to be completed in Q4 2025 and will operate on a fully merchant basis, bidding into ancillary services and wholesale power markets.
- This acquisition marks RPC's first foray into the Finnish storage market, with plans for further expansion in the country.
- RPC currently operates over 170MW of Finnish wind capacity and views the Finnish storage market as a key area for growth.
- Steve Hunter, Managing Director of Power Markets and Asset Management at RPC, emphasizes the importance of battery storage in providing grid stabilisation to support renewable energy expansion.
- Anton Milner, CEO of Ib Vogt, expresses gratitude for the collaboration with RPC in advancing clean energy goals in Finland.
