FRV, AMP Tank Launch 60-MWh Battery in Finland

• FRV and AMP Tank are powering Finland's future with a groundbreaking 60-MWh battery storage system, paving the way for a cleaner, renewable energy landscape.

Fotowatio Renewable Ventures (FRV) and AMP Tank Finland Oy are collaborating to construct a 60-MWh battery energy storage system (BESS) in Finland, located near the Fingrid Simojoki substation, approximately 100 km below the Arctic Circle. This initial project marks the first partnership between the two companies, with plans to potentially expand the capacity to 200 MWh in a second phase currently under discussion. The deployment will feature Sungrow’s PowerTitan technology utilizing lithium iron phosphate (LFP) cells.

Installation of the first phase, comprising 26 units across a 1-acre site, is already underway with a scheduled commissioning in Q1 2025. FRV's Chief Business Development Officer, Tristan Higuero, emphasized the project’s importance in advancing Finland's transition to a more renewable energy grid.

What key details highlight the significance of the FRV and AMP Tank collaboration?

Here are key details that highlight the significance of the collaboration between Fotowatio Renewable Ventures (FRV) and AMP Tank Finland Oy:

• Strategic Location: The project is situated near the Fingrid Simojoki substation, strategically positioned 100 km below the Arctic Circle, allowing it to optimize grid stability and energy distribution in a region that experiences unique energy challenges.
• Battery Energy Storage System (BESS): With a 60-MWh capacity in its first phase, the system will help manage energy supply and demand effectively, addressing intermittency issues typically associated with renewable energy sources like wind and solar.
• Future Expansion Potential: The discussion of expanding to a 200-MWh capacity in subsequent phases signifies a long-term commitment to enhancing renewable energy integration, potentially allowing for greater energy reliability across Finland.
• Technological Innovation: Utilizing Sungrow’s PowerTitan technology, which employs lithium iron phosphate (LFP) cells, the project focuses on leveraging advanced battery technology known for its safety, longevity, and environmental sustainability.
• Alignment with Energy Transition Goals: The project aligns with Finland's national strategy to transition to a more renewable-based energy grid, contributing to the country’s commitment to reduce greenhouse gas emissions and achieve carbon neutrality.
• Partnership Dynamics: This marks the first collaboration between FRV and AMP Tank Finland Oy, highlighting a growing interest in private-public partnerships within the renewable energy sector, which can lead to innovative solutions and shared resources for energy challenges.
• Economic Impact: The construction of the BESS is expected to create local jobs and stimulate the economy, while also enhancing energy security in the region by providing backup power during periods of high demand or supply constraints.
• Commissioning Timeline: With a scheduled commissioning in Q1 2025, the project showcases a rapid implementation timeline, reflecting the urgency and adaptability needed to meet growing energy needs in Finland.
• Decentralized Energy Solutions: The establishment of energy storage systems like this one is critical for the decentralization of energy resources, allowing for localized power management and reducing reliance on centralized power plants.
• Policy Support: The project underscores supportive government policies and regulatory frameworks in Finland that encourage investment in renewable energy technologies and energy storage solutions.

These details underscore not just the immediate benefits of the collaboration but also its broader implications for renewable energy development in Finland and beyond.