Sustainable Energy Solutions Sweden Holding AB announced that the Company, together with Aeonic AB has identified and signed a lease agreement for the construction of a solar park with battery storage located on Ingaro, Varmdo. The project is expected to achieve a total power capacity of 40 MW, spread over an area of 22 hectares. The project was initiated as a result of the collaboration between SENS and Aeonic, which started a joint venture partnership in November 2023.

Energy storage is a central component in sustainable development, as it enables efficient management of energy production and usage. It constitutes an important part of the transition to green energy and sustainable development. SENS aims, together with Aeonic, to identify and develop attractive projects, and this agreement marks the first agreement between the parties.

SENS is now starting the process of applying for the necessary permits for the project.