Energy Storage News•20 days ago
Evecon, Mirova and Corsica Sole inaugurate first of two 100MW/200MWh BESS in Estonia
Key Takeaway
This project signifies the increasing maturity and investment in large-scale battery storage solutions in Europe, offering critical grid flexibility and revenue opportunities for developers and IPPs.
AI Summary
- •A 100MW/200MWh Battery Energy Storage System (BESS) has been inaugurated in Estonia, representing the first of two identical projects planned by the Baltic Storage Platform joint venture.
- •This project highlights the growing market and successful deployment of large-scale BESS in the Baltic region, offering significant opportunities for developers and IPPs.
- •The involvement of a developer (Evecon), an IPP (Corsica Sole), and an investment manager (Mirova) demonstrates a common and effective financing and development model for major energy infrastructure projects.
Topics
capacity-marketfinancinginterconnectm&appastorage
Article Content
A 100MW/200MWh BESS project in Estonia has been inaugurated by Baltic Storage Platform (BSP), a joint venture (JV) between Baltic developer Evecon, French independent power producer (IPP) Corsica Sole and investment manager Mirova.