Nidec starts building 40MW battery storage system for Neoen in Sweden

January 10, 2023
LinkedIn
Twitter
Reddit
Facebook
Email

France-headquartered independent power producer (IPP) Neoen has given system integrator Nidec ASI the green light to start work on a 40MW battery storage unit in Sweden, Neoen’s first in the country.

Nidec ASI will now start work on the Storen Power Reserve, a one-hour system in the municipality of Ragunda that will provide frequency containment reserve (FCR) ancillary services to transmission system operator Svenska Kraftnät.

The battery system will come into commercial operation in the first half of 2024, the companies said. Neoen will own and operate the asset.

It is Neoen’s first battery storage project in Sweden and its third renewable energy project there, after the Storbrännkullen wind and Hultsfred solar projects which are under construction and set to start construction in the second half of this year, respectively.

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

It is the company’s second battery project in the Nordics after it enlisted Nidec ASI to build it a 30MW/30MWh unit in Finland in 2020.

Battery energy storage projects in Sweden have started to ramp up in the past year as the country’s pumped hydro energy storage (PHES) reaches the upper limit of its capacity to balance the grid.

Last month, developers OX2 and Ingrid Capacity started work on two battery storage projects totalling 60MW of power while the latter said in September that it was also building a 70MW unit, the largest in the country – all three for 2024 delivery dates.

Sandwiched in between those two announcements by Ingrid was news of what was claimed by project developer Alight to be the largest solar-plus-storage unit in the country, combining a 2MW battery system and an existing 12MW solar PV array. The company said in October that the new energy storage system would come online in two months’ time.

Nidec ASI is the Italy-based industrial solutions division of Japanese conglomerate Nidec Corporation and was ranked as one of the largest battery storage system integrators in the world in IHS Markit’s 2021 report.

It has recently signed big deals with lithium-ion battery gigafactory startup FREYR to build 12GWh of battery energy storage systems a year by 2030, and deploy 5.4MWh of battery systems by an unnamed company in Italy.

Neoen has been even busier in the last few weeks and months with several large project announcements in Australia.

Energy-Storage.news’ publisher Solar Media will host the eighth annual Energy Storage Summit EU in London, 22-23 February 2023. This year it is moving to a larger venue, bringing together Europe’s leading investors, policymakers, developers, utilities, energy buyers and service providers in one place. Visit the official site for more info.

15 September 2026
San Diego, USA
You can expect to meet and network with all the key industry players again in 2025 from major US asset owners, operators, RTOs and ISOs, optimizers, software and analytics providers, technical consultancies, O&M technology providers and more.

Read Next

January 28, 2026
US sodium-ion (Na-ion) battery technology company Unigrid has begun international shipments of its proprietary sodium cobalt oxide (NCO) cathode cells at commercial volume.
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?
January 16, 2026
Duke Energy, Elevate Renewables, and Fluence Energy, along with BrightNight and Cordelio Power, are advancing BESS projects across the BESS.
January 15, 2026
San Diego-based home battery storage company NeoVolta has formed NeoVolta Power, a joint venture (JV) to develop a US battery energy storage system (BESS) manufacturing platform in Pendergrass, Georgia.