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

January 28, 2026
South Australia’s battery storage fleet entered a 4-hour AU$1,000/MWh (US$700/MWh) price event at around 90% state of charge during the Australia Day heatwave.
January 27, 2026
Ed Gunn, VP of revenue at home battery storage and virtual power plant (VPP) specialist Lunar Energy, on the market’s recent past and future potential.
January 27, 2026
More BESS news from across Europe, with ContourGlobal and Alpiq striking sizeable deals in Greece and France, Iberdrola putting projects into operation in Spain, and other project news in Germany, Poland, Denmark and Southeast Europe.
January 27, 2026
The global energy storage market is poised for continued expansion in 2026, even as supply chain constraints, regulatory evolution, and emerging applications reshape the landscape, according to Wood Mackenzie. 
Premium
January 22, 2026
Saudi Arabia and the UAE have emerged as two of the world’s most prominent energy storage markets, with mega-scale projects announced and moved forward at a staggering pace over the last two years. But what does the next phase look like?