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Axpo acquires 20MW of Swedish storage

March 13, 2023

Renewable energy producer Axpo has plans to dramatically increase the amount of energy storage it develops in Europe and, in the latest move, the company has acquired a 20MW/20MWh facility in Sweden from RES and Scandinavian Capacity Reserve (SCR).

The project will be operational in 2024.

The lithium-ion based facility will be built in Landskrona and connected to the grid by local energy company Landskrona Energi.

Following the sale, RES will support Axpo with the provision of construction management, asset management and operation and maintenance services.

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