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.
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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.
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.
“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.
Pelkosenniemi is PowerEdge’s first utility-scale BESS project in Finland and an important step in the company’s plans to build a broader Finnish energy storage portfolio. 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.
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.
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More information & interview requests:
Elisa Industriq Mediadesk, mediadesk@elisaindustriq.com , tel. +358 50 305 1605
PowerEdge, Anssi Laitinen, Co-founder and CEO, contact@poweredge.energy, tel. +41 76 560 5485
About Gridle
Gridle helps energy storage asset owners maximize the long-term value of batteries and other flexible energy assets. Its AI-powered service combines forecasting, multi-market optimization, real-time control, electricity-market trading, settlement and transparent performance reporting. Gridle manages thousands of flexible energy assets and more than 500 MWh of flexible capacity across grid-scale, industrial, telecom and residential applications.
Drawing on Elisa’s 140+ years of innovation and automation and its expertise in operating nationally critical infrastructure, Gridle delivers dependable energy services that translates directly into operational efficiency and measurable financial outcomes. elisaindustriq.com/gridle
About Elisa Industriq
Elisa Industriq creates software solutions for operational intelligence by multiplying industrial knowledge with AI innovation. Our businesses – camLine, sedApta, Polystar, CalcuQuote, TenForce, and Gridle – serve over 2,500 clients internationally in the manufacturing, telecommunications, and energy sectors.
Elisa Industriq delivers business value for customers by reducing costs, improving quality, and generating growth. Our software solutions integrate with customers’ existing systems to optimize their operations in areas including manufacturing execution, supply chain optimization, network analytics, and energy management.
Elisa Industriq is part of Elisa, a pioneer in telecommunications and digital services headquartered in Finland. Our shared mission is a sustainable future through digitalization. Elisa Industriq employs over 1,500 experts in Europe, Asia, and North America. elisaindustriq.com
About PowerEdge
PowerEdge AG is a Swiss energy storage and energy infrastructure company active across commercial, industrial and utility-scale battery energy storage.
In utility-scale projects, PowerEdge brings together project development, investment, technology, delivery and energy-market partners and coordinates the commercial and technical structure required to move BESS projects from opportunity into execution. The company is currently building a growing portfolio of battery energy storage projects in Finland and other European markets. poweredge.energy
About Frigg
Frigg is a renewable energy investment and financing platform active in sustainable energy infrastructure. Frigg is the majority investor in the Pelkosenniemi battery energy storage project and has led the financing of the project. frigg.eco