Where is Neoen headquartered?

Neoen is headquartered in Paris. The company gave full notice to proceed to Nidec following an engineering, procurement and construction (EPC) agreement in December 2023. Named Isbillen Power Reserve, the 1-hour duration Battery Energy Storage System project will be the largest in Sweden and the largest in the Nordics by megawatt (MW) power.

What is a Neoen project?

A turnkey project (engineering, procurement, construction) for Neoen, with a capacity of 93.9 MW / 93.9 MWh, scheduled to be commissioned in the first half of 2025. This new project is located close to the Neoen Storen site (52 MW / 52 MWh), which has already been awarded to Nidec ASI and is currently in the start-up phase.

Who is Neoen?

Neoen, founded in 2008, is one of the leading independent producers of exclusively renewable energy. Its expertise in solar, wind and storage enables it to play an active part in the energy transition of the countries in which Neoen produces green, local and competitive energy.

What is a Neoen battery?

This is a turnkey project for Neoen Finland, which benefits from a specific design, adapted for a solution with a longer storage life: this lithium-ion battery with an installed capacity of 56.4 MW / 112.9 MWh (two hours) will therefore be the largest in the Nordic countries.

Where will Nidec's Bess be built?

It will be connected to the 130kV grid area operated by distribution system operator (DSO) E.ON Energidistribution. Nidec will provide the BESS which it will manufacture and assemble in France. Furthermore, the inverters will be built in Italy. More than “half of the value of the project” will be of European origin.

What is isbillen Bess?

The Isbillen BESS will mainly provide ancillary services, specifically Frequency Containment Reserve, to Swedish transmission system operator (TSO) Svenska Kraftnät. It will be connected to the 130kV grid area operated by distribution system operator (DSO) E.ON Energidistribution.