TeraVoima and Winston Battery have agreed to provide 10GWh of battery throughout Northern Europe, adopting a new Battery as a Service (BaaS) business model. To accelerate the deployment of energy storage in the Nordic energy market, TeraVoima and Winston Battery have agreed to establish a substantial-scale battery to serve Nordic households and companies. This is the first transaction of its kind, not only in terms of volume but also in terms of the profit-sharing model, which ensures better profitability in the highly competitive battery market.

"The European energy storage industry has rapidly evolved into a race to deploy battery capacity. This is due to the exceptional volatility of the energy markets and the profitability of providing energy flexibility. TeraVoima has been creating this opportunity for over a decade and we have finally reached the phase where we can deploy battery assets together with battery manufacturers. This profit-sharing model brings strong revenue to the parties and significantly reduces the commercial risk related to the volatility of battery prices. I am very pleased that we have reached an agreement in this landmark transaction", says TeraVoima CEO Jukka Järvinen.

We are very pleased to support the further development of the battery business of our long-term customer and to enable Winston Battery to expand its business overseas. "Our cooperation in business development and innovation dates back to 2001, when we shipped the first batch of batteries to Jukka. This laid the necessary trust for us to take this extraordinary step of launching batteries and battery systems in the European energy market. We acknowledge that the 10 GWh capacity in this transaction will be a challenging task in terms of production, transport, installation and use in the energy market. But we are convinced that we will once again become pioneers in the battery industry, as always. "We have been mass-producing 1000 Ah batteries for more than 19 years, while other companies in the market are still struggling to manufacture their first prototype products. Both parties look forward to helping Europe become a model for the adoption of the world's safest and most reliable water-soluble lithium yttrium high-power energy storage batteries and systems.

To accelerate the layout of energy storage in the Nordic energy market, Winston Battery has reached a cooperative agreement with the Finnish TeraVoima Group. The signing of a 10GWh energy storage order was successfully completed at the EES exhibition in Munich, Germany. The two parties are committed to providing safe and reliable energy solutions for European families and enterprises.

Winston Battery is a high-tech enterprise integrating research and development, design, production, and sales, focusing on the global clean energy industry for 26 years. The company's business scope covers water-soluble lithium yttrium high-power energy storage batteries, emergency starting batteries, smart grid industrial storage systems, and photovoltaic and wind energy storage smart power stations under the Winston Battery brand. Water-soluble lithium batteries have significant advantages such as high safety, long cycle life, environmental friendliness, and strong reliability, which highly meet the various application needs of energy storage customers.

TeraVoima Group is a well-known energy retailer in Finland, with 20 years of development history in BMS, EMS and BESS fields, mainly providing battery storage systems and energy solutions for home, enterprise and critical infrastructure customers.

This strong alliance will leverage Winston Battery's industrial advantages in the field of energy storage cell manufacturing and TeraVoima Group's resource advantages in Europe, jointly enhancing the safety, stability, and flexibility of local new energy use, and helping Europe move towards a comprehensive clean energy era.