French renewable power producer Neoen SA will build a 30-MW/30-MWh energy storage facility in Finland to help stabilise the national electricity system managed by Fingrid.

The French company announced the Yllikkala Power Reserve One project on Monday, saying that it represents the first independent, large-capacity battery to be hooked to the local grid.

“Neoen has been established in Finland since 2018, with an office in Helsinki. Our first wind farm, Hedet, has already started to generate electricity. This latest investment in energy storage illustrates our aim of becoming a leading player in the renewable energies market in Finland over the long term,” said Christophe Desplats-Redier, Neoen’s regional director.

The company also mentioned that the project will speed up progress towards Finland’s objective of becoming carbon neutral by 2035.
Source: renewablesnow.com