British energy company RES has sold its 70MW / 160MWh Agamemnon battery energy storage system (BESS) project to Swiss developer Delta Capacity. The project, located in Ånge, Sweden, is supported financially by European investment bank and asset manager Wood & Co.
The Agamemnon project, which was developed from the ground up by RES, is strategically positioned near the Björnberget wind farm and the Alby Hydrogen project, further enhancing its role in Sweden's clean energy transition.
Magnus Igel, Business Development Director at RES, remarked on the significance of the sale, stating, “The successful sale of the Agamemnon BESS project marks a significant milestone for RES and reinforces our commitment to delivering cutting-edge energy storage solutions that enable a cleaner, more resilient power system. Battery storage is essential for balancing renewable energy and ensuring grid stability, and we are proud to bring this project to life with Delta Capacity and Wood & Co. We look forward to seeing Agamemnon play a key role in Sweden's transition to a fossil-free energy future.”
The acquisition marks a significant step for Delta Capacity in its efforts to expand its footprint in the European energy storage market. Patrik Hes, CEO of Delta Capacity, expressed pride in the contribution to the European energy transition, stating, “We are proud to contribute to the European energy transition and energy security by providing smart storage solutions. Our commitment to Sweden's ambition of utilising its renewable energy potential is at the core of our new site in Sweden, now one of the largest storage projects in Scandinavia. Clean energy requires a stable and flexible grid, which is why storage capacity plays a crucial role in the decarbonisation and energy resilience. The potential for change is enormous and we are dedicated to drive it in Europe and overseas.”
The Agamemnon BESS will play a crucial role in stabilizing the grid and supporting the integration of renewable energy in Sweden, helping to meet the country's ambitious goals for a fossil-free energy future.
