Scana company secures contract within battery energy storage solution.

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Scana company secures contract within battery energy storage solution.

PSW Power & Automation has signed a contract for the supply of a 3.5 MWh Battery Energy Storage Solution (BESS) project in the Nordics. The delivery includes the design & commissioning of the BESS system and an innovative control technology that helps stabilize the frequency in the Nordic grid and control solar energy production at the same time.

This is a sizeable (1) contract for the company over a 5-year period. The project will start immediately, and delivery will take place in Q2-2025.

“Integration of renewable energy sources, such as wind and solar, into the grid has increased dramatically in recent years. Grid-scale battery storage systems will play a crucial role in stabilizing the electrical grid by balancing supply and demand, managing fluctuations in renewable energy generation, and providing backup power during peak demand periods or grid outages”, says Eirik Sørensen, Managing Director of PSW Power & Automation.

(1) A sizable contract is defined to be between NOK 20 million and NOK 50 million.

(2) A substantial contract is between NOK 50 million and NOK 150 million.

(3) A large contract is over NOK 150 million.

For more information, please contact:

Pål Selvik, CEO, Scana ASA, +47 970 46 502

Eirik Sørensen, Managing Director, PSW Power & Automation AS, +47 936 78 233

Scana company secures contract within battery energy storage solution.

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Anette Netteland Dybvik
Anette Netteland Dybvik Head of Investor Relations & Communication +47 416 67 787

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