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NTR, a leading renewable energy specialist selects Fluence for Flagship Finnish Battery Energy Storage System
FLNCFluence Energy(FLNC) GlobeNewswire·2025-04-30 09:14

Core Insights - NTR has signed contracts for the Uusnivala battery energy storage system (BESS) project in Finland, marking a significant step in its clean energy infrastructure development [1][5] - The project will feature a 55 MW / 110 MWh battery system, providing essential services such as frequency regulation and grid balancing [2][3] - Fluence Energy has been selected to supply its advanced battery technology, Gridstack Pro 5000, which aims to optimize land usage and enhance operational efficiency [3][4] Project Details - The Uusnivala BESS project is one of the largest in Finland, contributing to the approximately 250 MW of installed battery storage in the market [6] - Construction is expected to begin shortly, with completion anticipated by mid-2026 [4] - This project is the first BESS initiative of the L&G NTR Clean Power (Europe) Fund to enter construction, with the fund securing over €600 million in commitments [5] Strategic Importance - The Uusnivala project represents NTR's first entry into the Finnish battery storage market, emphasizing its commitment to energy resilience and net-zero goals [7] - The collaboration with Fluence highlights the importance of energy storage in creating a more resilient and flexible power system in Finland [7][10] - NTR has a strong track record in developing renewable energy projects, having deployed over €2 billion in capital across various European countries [8][9]