Axpo, a renowned international utility company, has recently finalized the acquisition of a prominent 25MW battery storage facility in Filipstad, Sweden. The project, previously owned by Sustainable Energy Solutions Sweden (SENS), is set to become one of the largest battery storage installations in the country. The primary objective of this facility is to provide ancillary services that will aid in maintaining the balance of the electricity grid.
With construction anticipated to commence in early 2024, Axpo is eager to embark on this venture. Alongside the battery storage facility, Axpo will simultaneously develop a ground-mounted solar plant with a capacity of up to 20MW at the same site. This solar project was also initiated by Sustainable Energy Solutions Sweden.
In a collaborative effort, Axpo and SENS will co-develop both the battery storage facility and the solar plant. Although the commercial terms of the transaction remain undisclosed, the partnership signifies the commitment of both parties to promote sustainable energy solutions.
Frank Amend, the Head of Batteries & Hybrid Systems at Axpo, expressed enthusiasm about the acquisition: “We are acquiring two important projects from SENS, which we will co-develop with them. Battery storage systems and solar energy are becoming increasingly important in the power mix of the future, and we look forward to further cooperation with our colleagues from SENS.”
SENS CEO Henrik Boman also conveyed his excitement about the partnership with Axpo, acknowledging their leading position in driving the energy transition across Europe: “We are thrilled to partner with Axpo, a leading international utility that truly is at the forefront of driving the energy transition across Europe. This project will be one of Sweden's largest solar and battery parks, so we are very proud to be collaborating with such a well-respected and experienced partner. We will work closely together to ensure the project's success and see great potential for future partnerships with Axpo.”
The collaboration between Axpo and SENS signifies a shared vision for a sustainable energy future. As the world increasingly recognizes the significance of battery storage systems and solar energy, this joint endeavor will contribute significantly to the evolving power mix and facilitate the transition towards a greener and more reliable energy landscape.
