RPC Acquires 50-MW Finnish BESS Project

• German solar developer ib vogt GmbH sells 50-MW/50-MWh BESS project in Finland to Renewable Power Capital. Largest of its kind in Finland, set for completion by 2025.

German solar developer ib vogt GmbH has sold a 50-MW/50-MWh battery energy storage system (BESS) project in Finland to London-based renewables company Renewable Power Capital (RPC). The project is in the ready-for-construction phase and is one of the largest of its kind in Finland. The financial details of the deal were not disclosed.

The BESS project will be located in Uusikaupunki municipality in Southwest Finland and will cover around three hectares of land. RPC, which already has over 170 MW of onshore wind assets in Finland, will oversee the procurement and construction of the project, aiming to complete it by the end of 2025. The project will be funded on a fully merchant basis and will participate in ancillary services and wholesale power markets, providing grid stabilization to support further renewables development in Finland.

What are the details of the 50-MW/50-MWh BESS project in Finland?

• The 50-MW/50-MWh battery energy storage system (BESS) project in Finland was sold by German solar developer ib vogt GmbH to London-based renewables company Renewable Power Capital (RPC).
• The project is in the ready-for-construction phase and is considered one of the largest of its kind in Finland.
• The BESS project will be located in Uusikaupunki municipality in Southwest Finland and will cover around three hectares of land.
• RPC, which already has over 170 MW of onshore wind assets in Finland, will oversee the procurement and construction of the project with the aim of completing it by the end of 2025.
• The project will be funded on a fully merchant basis and will participate in ancillary services and wholesale power markets, providing grid stabilization to support further renewables development in Finland.