The Sinebrychoff Drinks Factory Battery Energy Storage System is a 20,000kW energy storage project located in Finland.
The project will be commissioned in 2021.
Description
The Sinebrychoff Drinks Factory Battery Energy Storage System is being developed by Siemens Smart Infrastructure. The project is owned by MW Storage (69%).
The key application of the project is improve energy efficiency and power quality.
Contractors involved
MW Storage is the owner. Siemens Smart Infrastructure is the developer. Fluence Energy is the technology provider for the project.
Siemens Smart Infrastructure is the system integrator.
Additional information
Swiss storage integration and operation company MW Storage International provided the project’s initial investment and will have 69% ownership of the battery. Siemens Financial Services assisted with risk management and financial structuring of the deal between the partners and the finance unit was also involved in developing the business model which reportedly enabled the virtual power plant (VPP) through ‘smart financing.’.
Methodology
All publicly-announced energy storage projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects are sourced through secondary information sources such as country specific power players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.
