Sustainable Energy Solutions Sweden Holding AB has entered a letter of intent with the municipality of Karlskoga to explore the possibility of establishing a solar power plant of approximately 65-70 MW with battery storage equivalent to 70 MW on the property Karlskoga Högåsen 2:4. The parties will collaborate on a preliminary study and evaluation of the project's feasibility, focusing on technical, economic, and environmental aspects. The relevant land covers an area of approximately 80 hectares. In collaboration with Karlskoga municipality, SENS has entered a letter of intent to explore the possibility of establishing a sustainable solar power plant with battery storage on the property Karlskoga Högåsen 2:4. The short-term goal is to first secure a lease agreement for the property, which will enable the establishment of the facility.

The parties will work together to conduct a preliminary study and evaluate the project's feasibility, including technical, economic, and environmental factors. During the preliminary study, the parties will jointly define the scope of the project, including the capacity of the solar power plant, specifications for the battery storage system, and necessary infrastructure. The study begins immediately and is planned to be completed by December 31, 2024.

For the current land, which covers an area of approximately 80 hectares, a solar power plant of about 65-70 MW and battery storage of about 70 MW are planned to be built.