Scana ASA (DE:1MP) has released an update.
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Scana-owned PSW Power & Automation has secured a contract to deliver a 2MW/2.2MWh Battery Energy Storage System in Sweden, aimed at enhancing grid stability and energy efficiency. The system will integrate renewable energy with grid balancing services and is a move towards supporting Sweden’s goal of net zero emissions by 2045. The project, of significant value to the company, will commence immediately with completion expected in the second quarter of 2025.
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