Energy Storage News•about 1 month ago
Finland: IPPs order BESS from Merus and Sungrow as market shifts to 2-hour systems
Key Takeaway
The European BESS market is rapidly evolving towards 2-hour duration systems with grid-forming capabilities, signaling new opportunities for developers and grid operators.
AI Summary
- •Finnish IPPs, Exilion and Nala Renewables, are deploying Battery Energy Storage Systems (BESS) from Merus Power and Sungrow, respectively.
- •The market is notably shifting towards 2-hour duration BESS projects, signaling evolving grid needs and potential new revenue streams for developers.
- •Exilion's project specifically incorporates grid-forming energy storage technology, highlighting the increasing demand for advanced grid stability and ancillary services.
Topics
capacity-marketoemstorage