Axpo has completed the acquisition of a battery energy storage project in Sweden from developers RES, a global renewable energy company, and the Scandinavian Capacity Reserve (SCR).
Axpo will continue building the 20 MW/20 MWh lithium-ion-based battery storage facility in Landskrona which will be connected to the grid by local energy company Landskrona Energi.
The new battery energy storage system will be used in the Landskrona region to provide ancillary services to help balance the grid and will be connected by local energy supplier Landskrona Energi. Following the sale, RES will support Axpo with the provision of construction management, asset management, and operation and maintenance services.
The project is expected to be operational in 2024.
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