Here are Pauli’s comments on the new order received by Merus Power. ![]()
Merus Power announced on Tuesday that it has received a significant energy storage order from Latvia link to the release. The order is the largest in the company’s history from outside Finland and a significant step forward in the internationalization of the energy storage business. With the order, visibility for growth in 2026 is better than before, although achieving our 6% growth forecast will likely still require further successes in energy storage sales. In the long run, the diversification of energy storage business revenue across a wider geographical area reduces dependence on Finland and, on the other hand, enables stronger growth as the company gains access to new markets that are in an earlier growth stage.