BW ESS and Ingrid Capacity put 211MW Sweden portfolio into operation

October 14, 2024
LinkedIn
Twitter
Reddit
Facebook
Email

Developer and optimiser Ingrid Capacity and investor BW ESS have commissioned a 211MW/211MWh BESS portfolio in Sweden, the largest in the Nordics, they claimed.

The inauguration of the 14 battery energy storage system (BESS) projects last week was attended by the minister for climate and the environment in Sweden, Romina Pourmokhtari.

They are located in the SE3 and SE4 electricity price areas of the Swedish grid, the most southern of its four areas (SE1-SE4).

Pourmokhtari commented: “Sweden is facing a significantly increased demand for electricity, which must be addressed through a combination of increased fossil-free electricity production, stronger power grids and improved energy storage. It is a great honour to inaugurate the largest energy storage investment in the Nordics, with 211MW now connected to the power grid.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

“Thanks to the efforts of Ingrid Capacity and BW ESS, we are reducing grid congestion and enabling increased power production.”

Sweden is expected to be the largest energy storage market in the Nordic region, with research firm LCP Delta forecasting last year that 800MW of large-scale BESS would be online by the end of 2025.

BW ESS and Ingrid’s portfolio gets it a quarter of the way there, and a partnership between Ingrid and another investor SEB Nordic Energy will add a similar amount, also in the SE3 and SE4 areas.

Ingrid is a developer of BESS projects which retains stakes in the projects after selling to a long-term owner. When those projects come online, it will then trade and monetise the projects in the electricity market, as explained to Energy-Storage.news by CEO Alex Holmberg in a recent interview (Premium access).

Last week also saw major BESS projects announced in neighbouring Finland by Aquila Clean Energy EMEA and MW Storage.

Read Next

February 24, 2026
How to enable bankability for large-scale BESS projects was the main topic of the opening panel discussion at the Energy Storage Summit 2026 which kicked off today (24 February).
February 23, 2026
European Union countries have made limited progress on energy storage deployment and electricity network flexibility recommendations.
February 23, 2026
Fotowatio Renewable Ventures has unveiled plans for a 1.2GW/5GWh portfolio of battery energy storage system (BESS) projects in Spain.
February 23, 2026
Operational experience, credibility and optimisation performance are becoming key to BESS bankability, writes Jürgen Mayerhofer, CEO and co-founder of optimiser Enspired.
February 18, 2026
Another roundup of European BESS news, but this time around portfolios, partnerships, investments, financing, optimisation and tolling in France, Spain, Belgium, Denmark, Finland and Romania. Notable highlights are Grenergy’s 10-year BESS toll in Spain and Ingrid Capacity entering the French market.