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Scana Subsidiary Lands Major Swedish Energy Contract

Scana Subsidiary Lands Major Swedish Energy Contract

Scana ASA (DE:1MP) has released an update.

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Scana-owned PSW Power & Automation has secured a valuable contract to deliver a 6 MWh battery storage system in Sweden, with the project set to enhance solar energy optimization, energy trading, and frequency regulation. The system is expected to be delivered by Q2-2025, marking a significant partnership with a Swedish energy firm and underscoring PSW’s expertise in renewable energy solutions.

For further insights into DE:1MP stock, check out TipRanks’ Stock Analysis page.

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