It is the first from Axpo in Sweden and was acquired in-development from developers RES and SCR in March 2023. That acquisition was followed shortly by a solar-plus-storage project with a 25MW BESS acquired from developer SENS, among the more active in the Swedish market.

Axpo Group’s head of batteries & hybrid systems Frank Amend said: “We will continue to expand our storage activities over the next few years. The importance of large storage capacities is crucial in the course of the energy transition.”

The firm did not reveal the technology providers for the project.

The grid-scale energy storage market in Sweden has accelerated substantially in the past few years with high prices in the ancillary service markets and 200MW is expected to come online in 2024, according to flexibility services provider Flextools in a recent interview (Premium access).

Another IPP, France-headquartered Neoen, launched construction on the country’s largest BESS at 93.9MW/93.9MWh earlier this month.

Energy-Storage.news’ publisher Solar Media will host the 9th annual Energy Storage Summit EU in London, 20-21 February 2024. This year it is moving to a larger venue, bringing together Europe’s leading investors, policymakers, developers, utilities, energy buyers and service providers all in one place. Visit the official site for more info.