Bergen, 12 July 2024: Scana-owned PSW Power & Automation has contract with a
Swedish company, for the supply of a 6 MWh Battery Energy Storage Solution
(BESS) project in Kalmar, Sweden. The project includes delivery of battery
modules, power electronics, power stations and software.

PSW Power & Automation's BQ is a modular energy storage system with an
integrated energy control solution that optimizes the revenues to our customer
from solar production, energy trading and frequency regulation.

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

"This 6 MWh BESS contract represents renewed trust from one of our established
customers in Sweden, and we are looking forward to once again being selected as
a preferred technology provider", 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