Nala Renewables begins construction of 50MW/100MWh BESS storage project in Finland with Sungrow and KSBR

London, 11 November 2025 - Nala Renewables, a global power and renewable energy platform and independent power producer, has begun the construction of a 50MW/100MWh Battery Energy Storage System(BESS) project located in Kauhava, Finland.

Societe Generale is providing the long-term finance for the project which is being delivered by Sungrow and KSBR.

Sungrow, a global leader in renewable energy technology, will supply twenty-two 5MWh units of its award-winning PowerTitan 2.0 BESS for this project.

The project is expected to commence operations by the end of 2026.

Once complete, Trafigura, a market leader in the global commodities industry, will utilise the BESS capacity for its European trading activities. Nala is a joint venture between Trafigura and funds managed by IFM Investors.

Mike O’Neill, Chief Executive Officer of Nala Renewables said: “We are delighted to be breaking ground on Nala’s first project in Finland, which we see as a strategically important market for BESS in Europe. We are especially pleased to involve Trafigura’s energy trading business in the project, supporting a more resilient and flexible grid in Finland.”

“This project is using market leading technology to accelerate the transition to clean energy in Finland – contributing to reserve markets and featuring grid-forming capabilities that enhance overall network stability.”

James Li, ESS Director of Sungrow Europe said: “We are truly delighted by the trust that Nala Renewables has placed in Sungrow for this landmark project in Finland. This collaboration reflects our shared commitment to advancing energy storage innovation in Europe. Our team is fully dedicated to delivering not only cutting-edge technology of battery energy storage system, but also the highest levels of operation service and plant's lifecycle management.”

Janne Kananen, Director of energy and civil construction at KSBR, said: “We are proud to support Nala Renewables in expanding their operations to Finland and appreciate the confidence they have shown in KSBR by selecting us to deliver their first BESS project in the country.”

ENDS

For further information please contact:

Nala Renewables Press Office

Tel: +44 (0) 7353 969 045

Email: media@nalarenewables.com

About Nala Renewables:

Nala Renewables is a global power and renewable energy platform and an independent power producer focused on solar, wind and battery storage projects. Nala is a joint venture between Trafigura, one of the world’s leading independent commodity trading companies, and funds managed by IFM Investors.

Founded in 2020, Nala Renewables has grown its operational,i n-construction and development portfolio of renewable energy projects to around3GW of cumulative capacity. The vision is to continue to create shareholder value by involvement across the value-chain in developing, building, operating and investing in high quality solar, onshore wind and battery storage projects across core markets.

Visit: Nala Renewables

About Sungrow

Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 28 years. As of June 2025,Sungrow has installed 870 GW of power electronic converters worldwide. The company is recognised as the world's most bankable PV inverter and energy storage company (BloombergNEF). Its innovations power clean energy projects across the globe, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we're committed to bridging to a sustainable future through cutting-edge technology and unparalleled service.

Visit: www.sungrowpower.com.

About KSBR (Keski-Suomen Betonirakenne Oy):

KSBR is a trusted expert in delivering the most demanding energy, infrastructure, and industrial projects in the Nordic countries. With a strong focus on safety, quality, and humanity to ensure that a sustainable future becomes a reality. Our main goal is that the results of our work speak for themselves in terms of quality.

Visit: https://ksbr.fi/en/

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