Recent industry analysis reveals that lithium-ion battery storage systems now average €300-400 per kilowatt-hour installed, with projections indicating a further 40% cost reduction by 2030.
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Finnish Minerals Group and Beijing Easpring Material Technology have announced the start of construction of a cathode active material (CAM) plant in Kotka, Finland. The announcement was made on Wednesday 20 March 2025, marking a major step in the development of Finland's.
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Made from durable corrosion-resistant Corten steel and manufactured to the highest standards. It is integrated with the full set of storage systems inside including a Fire suppression system, Module BMS, Rack, Battery unit, HVAC, DC panel, and PCS.
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The project features the largest ever electricity storage installation in the Nordic countries and is based on the highest power and energy Li-ion system that Saft has ever delivered in a single 20-foot Intensium® Max container. Fortum's vision is to be the forerunner in clean.
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