Finland s household energy storage lithium battery company

Does Finland have lithium ion batteries?

Finland is one of the few European countries where the ground contains all the key minerals needed to make lithium-ion batteries: cobalt, nickel, lithium and graphite.

Will there be a battery storage unit in Finland?

The construction for the battery storage unit is on-going. Customer Manager Antero Reilander from Fingrid says that Neoen inquired – via a consultant – in October 2019, if there would be suitable plot for battery storage facility somewhere in Finland.

What makes Finland a good battery company?

Finland has expertise throughout the battery value chain, from the mining industry and processing of raw materials to technologies and services related to the manufacture and use of batteries, as well as charging technologies and recycling.

Where does Finland rank in the lithium-ion battery supply chain?

BloombergNEF (BNEF) has ranked Finland as 4th worldwide and 1st Europewide in their lithium-ion battery supply chain ranking. As demand for batteries increases, the need to find solutions is urgent. Business Finland has granted the BATCircle 2.0 consortium with 10.8 million euros

Is Yllikkälä the biggest battery storage project in Europe?

“Yllikkälä is a key project for our company, being the largest of its kind for us in Europe. It is a very good complement to our renewable project developments in Finland,” says Prot. Antero Reilander comments that while there have been other battery storage projects in Finland, this one is the biggest – by far.

How many tonnes of lithium are there in Finland?

The so-called Monte Carlo simulation estimate indicates that the undiscovered stocks contain, with a 50% probability, at least 510,000 tonnes of lithium. More than 90 per cent of the estimated undiscovered lithium resources in Finland are located either in the immediate vicinity of Kaustby or in the surrounding larger Järvi-Pohjanmaa area.