Nordic Energy Group Energy Storage Project

The project will add 70 MW/140 MWh of storage capacity to SEB Nordic Energy’s Finnish portfolio, which already includes wind and hydropower. Located in Nivala Municipality in Finland’s Ostrobothnia region, the project is expected to be completed in 2026.
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The final investment decision, taken in late February by SEB Nordic Energy''s Locus Energy and Ingrid Capacity AB, means construction in Nivala will start immediately. The 70

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SEB Nordic Energy''s portfolio company, Locus Energy collaborates with Ingrid Capacity to build the largest battery energy storage project in Finland, contributing 70 MW/140 MWh battery power to Locus Energy''s existing

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SEB Nordic Energy''s portfolio company, Locus Energy collaborates with Ingrid Capacity to build the largest battery energy storage project in Finland, contributing 70 MW/140

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About Us

Energy storage is at the heart of the energy transition – powering the move to a renewable future for global industry and ending fossil fuel dependency. Having successfully completed a prominent and externally-validated pilot project in Masdar City (Abu Dhabi) in cooperation with the Masdar Institute of Science & Technology, we have

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Ingrid Capacity, in collaboration with SEB Nordic Energy''s portfolio company Locus Energy, is developing Finland''s largest and one of the Nordics'' largest battery energy storage

Activities – Nordic Energy Research

Nordic Energy Research finances co-operative energy research and facilitates intergovernmental energy co-operation that adds value to national initiatives. Nordic Working Group on Renewable Energy and Hydrogen Nordic Energy Research offers support in the key areas: digitization, development of the electricity market, energy storage

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About Nordic Energy Group Energy Storage Project

About Nordic Energy Group Energy Storage Project

The project will add 70 MW/140 MWh of storage capacity to SEB Nordic Energy’s Finnish portfolio, which already includes wind and hydropower. Located in Nivala Municipality in Finland’s Ostrobothnia region, the project is expected to be completed in 2026.

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About Nordic Energy Group Energy Storage Project video introduction

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6 FAQs about [Nordic Energy Group Energy Storage Project]

What is the largest battery energy storage project in the Nordics?

SEB Nordic Energy’s portfolio company, Locus Energy, in collaboration with Ingrid Capacity, will build the largest battery energy storage project in the Nordics. The project will add 70 MW/140 MWh of storage capacity to SEB Nordic Energy’s Finnish portfolio, which already includes wind and hydropower.

What is a new partnership between Seb Nordic energy & Ingrid capacity?

A new partnership between SEB Nordic Energy, through its portfolio company Locus Energy, and Ingrid Capacity will enable the construction of 13 new large-scale battery energy storage systems across southern Sweden, adding an additional 196 MW of flexible capacity to the national grid. Courtesy of Ingrid Capacity.

How much storage capacity does Seb Nordic energy have?

The project will add 70 MW/140 MWh of storage capacity to SEB Nordic Energy’s Finnish portfolio, which already includes wind and hydropower. Located in Nivala Municipality in Finland’s Ostrobothnia region, the project is expected to be completed in 2026.

Is there a future battery storage park in Finland?

Computer-generated picture of the future battery storage park in Finland. SEB Nordic Energy’s portfolio company, Locus Energy, in collaboration with Ingrid Capacity, will build the largest battery energy storage project in the Nordics.

Does Seb Nordic energy have a pan-Nordic IPP?

“SEB Nordic Energy continues to make significant investments in Sweden, Norway, and Finland, developing a pan-Nordic IPP* for renewable energy.

Who is Helios Nordic energy?

Stockholm. 2024.12.18 – Helios Nordic Energy, a leader in utility PV and BESS project development in the Nordics, has successfully completed the sale of a 10MW Battery Energy Storage System (BESS) located outside the city of Södertälje.

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