Bergen, 3 July 2024: Scana-owned PSW Power & Automation has signed a contract
with a Swedish Energy company, for the supply of a 9.1MWh Battery Energy Storage
Solution (BESS) project in Uddevalla, Sweden. The project includes delivery of
BQ-G, a modular BESS, with an integrated energy control solution that optimizes
the revenues to our customer from energy trading and frequency regulation.  

Sweden expects to more than double its electricity consumption over the next
twenty-five years and has set ambitious goals by reaching net-zero emissions by
2045. The energy system will ensure that excess energy is stored and released
when needed, and thus ensure a stable and energy-efficient power grid in the
region. 

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

"This 9MWh BESS contract represents a significant milestone for our
establishment and delivery to the Swedish market", 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