Mirova and Evecon’s Baltic Renewable Energy Platform has launched Estonia’s largest solar-plus-storage hybrid project at the 77.5MWp Kirikmäe site.
The plant is being enhanced with a 55MW/250MWh battery system now under construction by EPC contractor WiSo Engineering with equipment supplied by Huawei, Mirova and Evecon said.
The project is expected to enter operation in Q3–Q4 2026 and will provide grid-stability services such as FCR, aFRR and mFRR, according to the partners.
BREP has also signed the first flexibility and power purchase agreement in the Baltics with Pure Energy covering output from its Kirikmäe, Imavere and Lohu Mets sites.
Swedbank has committed to a new c.€85m long-term facility to refinance the solar portfolio, build the Kirikmäe battery and provide ancillary credit lines.
Raphaël Lance, global head of private assets at Mirova, said: “The construction of 55MW BESS capacity to build the largest Baltic hybrid plant, combined with the signing of this first long term FPPA illustrates how innovation can accelerate the integration of renewables and storage into Europe’s power systems.”
He added: “By backing pioneering hybrid infrastructures, Mirova is helping reshape the way clean energy is produced, stored and valued.”
Karl-Joonatan Kvell, chief executive officer of Evecon, said: “The hybridization of Kirikmäe Solar PV and the implementation of the FPPA demonstrate how innovative structures, strong partnerships and high technical standards can shape the future of the Estonian electricity system.”
Servet Akgün, founder of Pure Energy, said: “Signing the first FPPA of this nature in the Baltics marks the start of a long-term partnership with BREP, MET5 and Evecon.”
Mihkel Utt, head of large corporates at Swedbank Estonia, said: “Swedbank is pleased to continue its partnership with MET5 and Evecon by supporting this next phase of BREP’s development.”