Neoen has started the construction of the 40 MW/40 MWh Storen Power Reserve project located in the municipality of Ragunda about 100 km from Östersund, Sweden. Battery provider Nidec has been given the notice to proceed to start the construction of the facility.
Neoen will own the facility once commissioned and it will be connected to the 130kV E.ON grid. The project will provide the Swedish transmission system operator Svenska Kraftnät with ancillary services and Frequency Containment Reserve services.
The project is targeted for commissioning by the first half of 2024.
Country updates
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December 22, 2022
SCA completes acquisition of 85 MW wind farm in Markbygden
Svenska Cellulosa AB (SCA) has completed the acquisition of the 85 MW wind farm located in Markbygden, Piteå, northern Sweden, from German company Enercon. The wind farm is loca...
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December 20, 2022
Helios divests 246 Swedish solar PV projects
Helios entered into a sale agreement with Commerz Real for the five large scale photovoltaic (PV) projects in Sweden with a total capacity of 246 MWp. The projects will be developed and connected to...
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December 14, 2022
Meyer Burger, partners to research and develop perovskite solar PV modules
Meyer Burger Technology AG and its partners have signed multiyear cooperation agreements to research and develop high-performance solar cells and modules. The company is industrializing perovskite ta...
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December 14, 2022
H&M group signs PPA with Neoen and Alight for 90 MW solar PV project in Kalmar County
H&M Group has signed a power purchase agreement (PPA) with Neoen and Alight for a 90 MWp solar photovoltaic (PV) project in Sweden. The solar farm will be jointly developed and owned by Neoen and...
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December 02, 2022
Aquila Capital invests in 24 MW Swedish wind project
Aquila Capital assisted a Swiss investment foundation in the purchase of a 24 MW operational wind plant in the southwest of Sweden. Aquila Capital will manage the investment for the Swiss investment...
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