SENS secures a new land lease agreement for a potential 40MW battery storage facility
Sustainable Energy Solutions Sweden Holding AB ("SENS" or the "Company") announces today that it has entered into a land lease agreement for the construction of a battery storage facility near Stigtomta in Södermanland County, Sweden. The project is expected to have a capacity of 40 MW.
SENS continues its expansion by signing a new land lease agreement with a landowner in Stigtomta. The agreement aims to explore and develop a battery storage facility with an expected capacity of approximately 40 MW. This agreement underlines SENS' commitment to strengthening its position in the Swedish energy market, with the vision to become the leading player in energy storage solutions.
During this dynamic expansion phase, SENS has successfully established strong relationships with landowners, municipalities and network owners. The company has already started the establishment of an energy cluster in Filipstad and with this new agreement, SENS continues its endeavor to create more energy clusters with the company's competitive energy storage solutions. Recently, SENS has signed several agreements in Södermanland county, which marks the beginning of a new and exciting cluster project.
Henrik Boman, CEO of SENS, comments:
"SENS continues to make progress in the energy storage sector with a steady pace and a clear determination. The new lease agreement in Stigtomta marks another step in our endeavor to strengthen our position in the market. With each new project we get closer to our vision of contributing to a more sustainable energy future.”
For further information contact:
Henrik Boman, CEO; Phone: +46 (0)70 224 63 61
The information was submitted for publication through the agency of the contact person set out above on October 5, 2023 10:00.
About SENS
Sustainable Energy Solutions Sweden Holding AB (publ)(SENS), provides sustainable energy solutions enabling the transition to a fossil-free and CO2 neutral energy mix both locally and internationally. SENS develops, designs, constructs and sells large-scale energy projects combining renewable energy sources with next generation energy storage technologies such as underground pumped hydro storage (UPHS) and/or battery energy storage systems (BESS). The company also conducts technical advisory consultancy services within energy storage and energy systems optimisation. The company is listed on NGM Nordic SME under the short name SUST.