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MW Storage AG and Fluence Energy B.V. deepen partnership for third energy storage project in Finland

Jun 27, 2024•almost 2 years ago

Contract Type

partnership

FinlandEnergyOil And GasRenewable Energy

Description

MW Storage AG, the Swiss investment fund experienced in financing, developing, and operating energy storage systems, has selected Fluence Energy B.V. to deliver their third battery-based energy storage project in Finland. The 20 MW / 20 MWh project will be located in the south of the country, close to Mäntsälä in Uusimaa. This partnership aims to provide flexibility and fast-responding ancillary services critical for grid stability as Finland plans to achieve carbon neutrality by 2035.

Company Information

Company

MW Storage AG & Fluence Energy B.V

Location

Finland

About

MW Storage AG is a Swiss investment fund experienced in financing, developing, and operating energy storage systems. Fluence Energy B.V. is a subsidiary of Fluence Energy, Inc. experienced in delivering, operating, and servicing high-quality energy storage systems.

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Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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