US/UK/Canada

Share

Quotes

“We are very enthusiastic about closing another deal for a battery park. This agreement represents a significant milestone for SENS, not only because it improves our financial position, but also because it strengthens our position in the market as a leading developer of large-scale energy storage projects.”
Henrik Boman, President and CEO
Pick a time period -
Tags ( Active)

SENS granted extension of EUR 26.3 million in state aid for the UPHS project in Pyhäsalmi

Sustainable Energy Solutions Sweden Holding AB ("SENS") today announces that the Finnish government has approved SENS' request for an extension of the previously granted state aid of EUR 26.3 million for the UPHS project in Pyhäsalmi, Finland. The extension was granted in light of the fact that a leading European energy company has now formally shown interest in participating in the project's continued development."The Pyhäsalmi project is a priority initiative for SENS, and the extension of the state support means that we can now move forward with the work required to drive the project

SENS applies for further extension of Finnish state aid to continue the UPHS project in Pyhäsalmi

Sustainable Energy Solutions AB ("SENS") has signed a letter of intent with a European energy company to further explore the possibilities of further developing the UPHS project in Pyhäsalmi, Finland. Therefore, SENS has today requested an extension of the State aid decision previously announced by the Finnish Government.The UPHS project in Pyhäsalmi The UPHS (Underground Pumped Hydro Storage) project in Pyhäsalmi aims to create an environmentally friendly energy storage system by utilising the unique geological conditions of Pyhäsalmi, located in the central hinterland of Finland. The

SENS, Vimab, and Mine Storage form joint venture to advance UPHS project in Pyhäsalmi

Sustainable Energy Solutions AB (“SENS”), Vimab Group AB, and Mine Storage International AB, have announced the formation of a joint venture aimed at further developing the innovative UPHS project in Pyhäsalmi, Finland. This collaboration combines the unique expertise of each company to enhance sustainable energy solutions in the region.Joint venture launchThe joint venture harnesses the strengths of three leaders in sustainable energy, storage, and infrastructure. SENS brings its comprehensive knowledge of renewable energy technologies, while Mine Storage contributes its industry

SENS publishes annual report for 2024

Sustainable Energy Solutions Sweden Holding AB (publ) (“SENS”) hereby publishes its annual report for the full year 2024. The annual report is available via the attached file, and via the company's website https://www.sens.se/en/17/34/financial-reports/In the auditor's report for 2024, the auditor comments on the following: Material uncertainty regarding the assumption of continued operationsMaterial uncertainty regarding the going concern assumptionWithout qualifying my opinion above, I draw attention to the Directors' Report and the information under the heading Significant risks

SENS updates the market – progress in the Swedish project portfolio

Sustainable Energy Solutions Sweden Holding AB (publ) today communicates an updated assessment of the company's project portfolio in Sweden, which includes both energy storage and energy production projects. Several of SENS' projects have taken significant steps forward in development, with the Motala project having achieved ready-to-build status (RTB) while others continue to advance through the permit processes."We have systematically worked to bring our projects closer to completion, and we are now seeing clear results. With a project ready for construction to start, we can begin the

SENS signs Principal Agreement with Callio for Pyhäsalmi energy storage project

Sustainable Energy Solutions Sweden Holding AB ("SENS" or the "Company") announces a principal agreement with Callio, a Finnish multidisciplinary development company, to initially develop an underground pumped hydro storage and battery energy storage system at the town of Pyhäjärvi, Finland. SENS also sees opportunities to expand the project with a solar plant that would further increase the grid capacity in the region.SENS is pleased to announce a principal agreement with Callio, a Finnish development company owned by the Pyhäjärvi Municipality. This strategic partnership aims to develop

SENS starts new pumped storage project - secures lease agreement in Vingesbackegruvan

Sustainable Energy Solutions Sweden Holding AB ("SENS" or the "Company") announces today that the Company has identified a potential new pumped storage project by securing a lease agreement in Vingesbackegruvan. With this agreement, SENS marks the start of a new project in one of its core business areas, offering underground pumped storage power plants as a solution for large-scale long-term energy storage. The agreement forms the basis for now starting the process of investigating the conditions for establishing pumped storage in the abandoned mine.Henrik Boman, CEO of SENS, comments:”

SENS secures additional lease agreement for new 40MW battery storage facility

Sustainable Energy Solutions Sweden Holding AB ("SENS" or "the Company") announces today that the Company has entered into a lease agreement with a landowner in Grästorp. The agreement enables the construction of a battery storage facility with a planned capacity of 40 MW.Henrik Boman, CEO of SENS, comments:”This lease agreement in Grästorp is a clear example of how our strategic work continues to bear fruit. We are in an exciting phase where each step we take is carefully considered to strengthen our position in the Swedish energy market. By collaborating with landowners who share our

The trinity of SENS: Paving the way for sustainable futures

SENS hereby presents its newsletter for February 2024, it shies a light on our latest progress and strategic initiatives. Please read more about our important projects and plans for the future in the text below. The Newsletter is also available as downloadable file attachedAt SENS, we are actively engaged in the global transition towards sustainable energy. Our focus is on developing and implementing key projects such as solar parks, battery storage, and energy storage in mines. These projects are essential for integrating renewable energy more efficiently into our daily lives and for the

There are no items matching the current filter
There are no more items matching the current filter
Back to top

Subscribe

Media