en.Wedoany.com Reported - Merus Power has signed an agreement worth approximately €10 million with wpd Söderskogen Vindpark Oy to develop a 30 MW / 60 MWh battery energy storage project in Finland.
Under the agreement, Merus Power will be responsible for the delivery, installation, commissioning, and testing of the energy storage system, and will provide a service and maintenance contract. The project is scheduled to commence commercial operation in the summer of 2027. This contract further strengthens Merus Power's market position as a technology partner for international renewable energy operators.
Wpd Söderskogen Vindpark Oy is a subsidiary of the wpd Group, a global developer of renewable energy projects. This project marks wpd's first venture into the energy storage sector. Merus Power was ultimately selected as the technology supplier based on its European technological foundation, reliable project delivery track record, and past performance in battery energy storage systems. The company has accumulated extensive project experience in demanding energy storage systems and grid-forming solutions with active grid support capabilities.
Commenting on the collaboration, Kari Tuomala, CEO of Merus Power, stated that this agreement is a recognition of the company's European technology developed and manufactured in Finland, and also proves its capability to undertake large-scale projects. He noted that wpd's choice of Merus Power's technology for its first energy storage project represents a significant vote of confidence in the company, while also strengthening Merus Power's competitive position in the rapidly growing flexibility and energy storage market. Furthermore, the service and maintenance contract will help drive growth in the company's service business and maximize the value of the energy storage system throughout its lifecycle.
Mattias Järvinen, Head of Wind Power Project Development at wpd Suomi Oy, believes that energy storage facilities are a critical component in the expansion of renewable energy and the evolution of the entire power system, as they enhance system flexibility and improve the utilization efficiency of wind and solar power. He stated that this project is a milestone for wpd in the construction of energy storage systems. Initially, the energy storage system will operate as a standalone facility for grid balancing, with the potential for future synergistic operation with wind power projects under development in the same region.
Merus Power's solutions are designed to enhance the flexibility, stability, energy efficiency, and supply security of power systems. The company's core competitiveness lies in its ability to integrate energy storage systems, power quality solutions, intelligent control technology, and lifecycle services. Merus Power possesses proprietary energy storage technology and software, and manufactures its products at the Ylöjärvi factory, which helps strengthen its supply chain control. Its European manufacturing base and in-house software capabilities provide security for the implementation of critical infrastructure.
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