Axpo to Deliver 25 MW Lithium Battery Storage Project in Sweden

Renewable energy developer Axpo will develop one of Sweden’s largest battery storage facilities. Acquired from project developer SENS (Sustainable Energy Solutions Sweden), the 25 MW battery storage facility in Filipstad is designed to provide ancillary services to help balance the electricity grid. Its construction is expected to start in early 2024.

Axpo will develop a 25 MW lithium-ion battery storage system in Filipstad. The company will use this battery storage servicve to provide ancillary services to help balance the electricity grid.

In addition, Axpo will continue developing a ground-mounted solar plant with a capacity of up to 20 MW on the same location. 

The two projects cover an area of over 23 hectares. SENS (Sustainable Energy Solutions Sweden) initiated developing both projects, which the firm has just acquired. Axpo and SENS will be developing the two projects jointly. The parties have agreed not to disclose commercial terms of the transaction.

Axpo Group Head of Batteries & Hybrid Systems, Frank Amend said, “We are acquiring two important projects from SENS, which we will co-develop with them. Battery storage systems and solar energy are becoming increasingly important in the power mix of the future, and we look forward to further cooperation with our colleagues from SENS.”

SENS CEO Henrik Boman stated, “This project will be one of Sweden’s largest solar and battery parks. We are very proud to collaborate with such a well-respected and experienced partner. We will work closely to ensure the project’s success and see great potential for future partnerships with Axpo.”

Expertise of Axpo in Battery Storage

Axpo said that it has been involved in developing, constructing, and commercial optimizing large-scale battery solutions for several years. By 2030, the company wants to develop substantial storage capacity in Europe. Drawing on extensive expertise in international energy trading, it effectively markets the batteries, ensuring optimal utilisation of storage facilities in ancillary service and spot market trading.