Construction has officially started on Finland's latest large-scale energy storage project, marking a pivotal moment for renewable energy integration in the Nordics. 2 GWh currently in operation and a further 0. This initiative aims to stabilize the national grid as Finland accelerates its shift toward wind and solar power. With a target to. . OX2 has taken the investment decision to start construction of its first energy storage facilities in Finland with a combined capacity of 235 MW/470MWh. The storage facilities will be co-located with the Kannisto and Korkeamaa wind power projects, which reached investment decisions in December. . With wind power generation jumping 23% year-on-year in Q1 2025 [1] and solar capacity projected to triple by 2027 [3], Finland's energy storage industry is racing to solve its most pressing challenge: intermittent renewable integration.
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