Finnish energy storage company Merus Power said it won an order for a 30MW/36MWh battery energy storage system (ESS) from Taaleri Energia worth €20 million.
Taaleri Energia is a Finnish renewable energy project developer and Finland’s largest producer of wind power, according to Merus.
It said the battery energy storage – based on lithium-ion battery technology – is to be built in Lempäälä, Finland, and will support the operation of the electric grid. Merus describes its technology here.
The grid inverters, control and protection systems, and the electricity trading platform of the Lempäälä energy storage system, are all designed and programmed by Merus. It is the project developer and is responsible for the overall delivery of the energy storage, including obtaining the building permit.
The contract includes Merus Power’s cloud remote energy storage management and an electricity trading platform. The contract includes the possibility of increasing the size of the ESS.
Ville Rimali, Energy Storage Investment Director at Taaleri Energia, said: “Renewable energy is the only sustainable way out from the current energy crisis and to achieve global climate targets. Storage facilities are needed in order to further increase the share of renewable energy in the electricity grid. With this project, we are creating stability and balance in the electricity network and returns for our investors.”
