Bergen, 8 July 2024: Scana-owned 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 sizeable 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
PSW Power & Automation in brief
PSW Power & Automation delivers complete solutions within electrification and renewable energy. The company specializes in the design and integration of electrical power systems, electrical infrastructure, energy storage systems and control systems. www.pswpower.no
Scana in brief
Scana is a listed industrial owner company in the ocean industries creating value through active ownership in market-leading portfolio companies. Scana is headquartered in Bergen and has above 500 employees. www.scana.no