Fu-Gen and Nala finalise 125MW BESS deal in Finland

Core Insights - Fu-Gen has secured a 125MW battery energy storage system (BESS) project in Vuolijoki, Finland, in collaboration with Nala Renewables, following a framework agreement established in October 2025 [1][2] - Construction of the Vuolijoki project is expected to commence later this year, indicating a strong commitment to renewable energy development in the Nordic region [1][2] Company Developments - Fu-Gen's development director emphasized the project's alignment with their Nordic development strategy and its contribution to Finland's electricity system stability and decarbonization efforts [2] - The Vuolijoki BESS project has been finalized, showcasing its technical and commercial viability, which is crucial for future developments [2] Previous Collaborations - Nala Renewables previously acquired a 50MW BESS facility in Kauhava, Finland, from Fu-Gen, demonstrating a history of successful collaborations in energy storage projects within the Nordic region [3] - Nala's interim CEO highlighted Finland as a strategic market for BESS in Europe, reinforcing the business case for further expansion in the Nordic area [3] Future Prospects - In July 2024, Nala signed an agreement to acquire a 61MW-peak solar photovoltaic project in Romania, indicating ongoing growth and diversification in renewable energy projects [4]