Neoen Boosts Finland's Grid with New 56-MW Battery

• Neoen boosts Finland's energy resilience with a new 56-MW battery system, enhancing grid stability and supporting Fingrid's reserve markets.

French renewable energy company Neoen has inaugurated a 56-MW/113-MWh battery energy storage system (BESS) in Yllikkala, near Lappeenranta, Finland. This is Neoen's second battery project in the area, complementing its existing 30-MW/30-MWh Yllikkala Power Reserve. The new facility, built by Japan's Nidec, will participate in Fingrid's reserve markets.

Neoen, founded in 2008 and owned by Brookfield, focuses on solar, onshore wind, and battery storage, aiming for a 10 GW capacity by 2025. In August, Neoen launched its first energy storage project in Italy with partner NHOA Energy.

What is Neoen's latest battery energy storage project in Finland?

• The new battery energy storage system (BESS) in Yllikkala, Finland, is designed to enhance grid stability and support the integration of renewable energy sources.
  
• The facility will provide fast frequency response services, helping to balance supply and demand in real-time.
  
• Neoen's project is part of a broader strategy to expand its energy storage portfolio across Europe.
  
• The Yllikkala BESS is expected to contribute to Finland's goal of achieving carbon neutrality by 2035.
• The project underscores Neoen's commitment to investing in innovative energy solutions and supporting the transition to a low-carbon economy.
  
• Neoen's collaboration with Nidec highlights the importance of international partnerships in advancing renewable energy technologies.
  
• The facility's participation in Fingrid's reserve markets will help ensure the reliability and efficiency of Finland's electricity grid.
• Neoen's expansion in Finland aligns with its global strategy to reach a 10 GW capacity by 2025, focusing on sustainable and scalable energy solutions.