PowerEdge Chose Elisa Industriq For a Big Finnish Project
Swiss-based PowerEdge selects Elisa Industriq’s Gridle for 37 MWh long-duration battery project in Finland
The 10 MW / 37 MWh Pelkosenniemi project marks PowerEdge’s entry into utility-scale battery energy storage market in Finland, with Gridle selected as its long-term optimization and trading partner.
Swiss-based PowerEdge AG has selected Elisa Industriq’s Gridle as the long-term optimization, trading and route-to-market partner for a 10 MW / 37 MWh battery energy storage system (BESS) in Pelkosenniemi, northern Finland.
Elisa IndustriQ, PowerEdge and the AI role
Gridle will take responsibility for bringing the battery to the electricity market, using AI-powered multi-market optimization and trading to maximize its long-term commercial value. PowerEdge has been responsible for the wider project coordination, structuring and development. The project is majority-owned by renewable energy investment platform Frigg, which has led the financing work.
For PowerEdge, the Pelkosenniemi project reflects how the Finnish battery market is evolving, with increasing balancing-market saturation driving BESS projects towards multiple revenue streams.
Insights
“We do not believe the opportunity in Finland is disappearing, but it is changing. The projects being built for the next market cycle need to capture value from a broader and more volatile set of markets. That is one of the reasons we are focusing on four-hour and potentially even longer-duration storage,” says Anssi Laitinen, CEO and co-founder of PowerEdge.
PowerEdge selected Gridle following an evaluation of optimization capabilities, operational reliability and long-term partnership potential.
“For an asset of this size and duration, we needed an optimization partner capable of working across several markets. Gridle’s experience with longer-duration batteries, strong optimization capabilities and ability to adapt the strategy as the Finnish market evolves were key factors in our decision,” says Panu Kärävä, Head of Projects at PowerEdge.
37 MWh capacity
With 37 MWh of energy capacity and approximately four hours of storage duration, the battery can combine balancing-market participation with more energy-intensive trading opportunities.
“Long-duration batteries require sophisticated optimization as value shifts between balancing and wholesale markets. Having optimized longer-duration batteries for more than five years, we bring expertise that is increasingly valuable for utility-scale BESS investors. We are pleased to support PowerEdge and Frigg in maximizing the long-term value of the Pelkosenniemi investment,” says Markus Logren, Gridle Business Lead at Elisa Industriq.
The Pelkosenniemi battery project is currently under construction, with commercial operations expected to begin in early 2027.