NTR, a leading European renewable energy developer, has selected Fluence for its flagship €600 million Uusnivala BESS Project in Finland. This contract award comes as the developer anticipates to start construction soon. NTR also estimates the commissioning date for the Uusnivala BESS Project to be by mid-2026. The Fluence contract award was the last according to NTR as they have already “signed contracts with all key equipment and contractor partners for its ready-to-build BESS project”.
Uusnivala BESS Project Factsheet
Location: Nivala, Finland
Cost: €600 million
Developer: NTR
Battery technology solution contractor: Fluence
Engineer services contractor: Despro
Balance of power contractor: Nordic Electro Power (NE Power)
Capacity: 55MW / 110MWh
Also read: OX2 progresses with the 472 MW onshore wind farm project in Finland
NTR’s BESS Project In Finland and Fluence’s Battery Technology Solution
The €600 million Uusnivala BESS Project will be one of the largest in Finland once commissioned. The BESS will serve the Finnish grid after integration to a 100 kV sustation to be constructed by NE Power. Upon connection to the grid, the €600 million Uusnivala BESS Project will do grid balancing, grid forming, frequency regulation, and energy shifting.
Fluence’s contract proves just as integral as the other key contracts to the project. They will supply the Uusnivala BESS Project in Finland with their Gridstack Pro 5000. This has perks like optimized performance and lower operations costs. Fluence’s word on the Gridstack Pro 5000 for NTR’s flagship BESS project in Finland will be measured as from mid-2026.
Also read: SENS Forms JV for Finland UPHS Energy Project After Financial Subsidy Extension As Project Starts
Cost of the BESS Project
Financial closure for the €600 million cost of NTR’s BESS flagship project in Finland was agreed upon in April. At the table for this was NTR and Legal & General (L&G). The latter is a major global investor. NTR states that the investment not only underscores its commitment to expand its renewable energy portfolio, but also drive Europe’s “ambitious decarbonization and energy security agenda.”
NTR has so far invested more than €2 billion of capital for the development, construction and operation of over 3.6 GW of wind, solar and energy storage projects across seven European countries. The €600 million Uusnivala BESS Project in Finland will be NTR’s second after acquisition of the now operational Pajuperänkangas 86.8MW windfarm in October 2023.
Also read: Construction Starts On Antares BESS Project in the Netherlands As Vattenfall Partners With Return
