Taaleri Energia buys Finnish battery

• The 30MW BESS near Tampere is because of go online in 2024 and is being developed by Merus Power

Taaleri Energia has exposed it is purchasing a 30MW/ 36 megawatt-hour battery power storage space system (BESS) project in Finland.

The BESS, situated in Lempäälä, 25 kilometres south of Tampere, will certainly be among the largest battery energy storage space systems running in the Finnish regularity reserve market.

Taaleri Energia has actually partnered with Merus Power, which is the developer of the project as well as is accountable for the turnkey shipment of the battery energy storage system.

It is anticipated that building on the project will certainly be finished by April 2024.

The capacity of the system has the prospective to be doubled in the future.

The battery power storage center will support the harmonizing of production as well as consumption in the main grid by taking part in Fingrid's reserve market and also help to balance Taaleri Energia's own wind portfolio.

The financial investment stands for Taaleri Energia's initial investment right into battery energy storage space systems and is initially being moneyed by Taaleri Energia's EUR44m development funding vehicle.

The project will certainly be obtained, as part of a development seed portfolio, by the Taaleri SolarWind 3 Fund quickly after the very first close of the Fund, which is expected to occur in 2023.