A Soltech Group subsidiary, Soltech Energy Solutions, is taking a significant step in its Nordic presence and enters the Finnish market by signing its first battery deal in the country. A project with an order value of approximately SEK 125 million. The deal includes the design and construction of a large battery park with associated installation of transformers, medium-voltage switchgear and commissioning. Construction will start in the spring with planned commissioning in 2027.
Soltech Energy Solutions is active in the development, construction and optimization of large-scale and advanced energy systems for property owners, industry and energy companies. The company's service offering includes total solutions in large-scale energy storage, system integration, smart control, large-scale solar energy solutions and, not least, operation and maintenance.
From design to installation, commissioning and subsequent management of the installations, Soltech Energy Solutions is a partner to corporations, industries and energy companies that need to refine and optimize their energy solutions in line with the changing energy landscape.
In order to broaden the customer base and increase its marketing efforts, the establishment in Finland will be a natural step. The Finnish energy market, just like the Swedish one, is undergoing a rapid transition where increased volumes from solar and wind power make the electricity system more weather independent. To harmonize the balance between electricity production and consumption, solutions are required that can quickly contribute flexibility, frequency regulation and that can balance its variations. Battery parks therefore play a central role to stabilize the frequency of the electricity grid, relieving the burden during power peaks and enabling a more efficient integration of renewable energy sources into the energy mix.
"This deal strengthens our position as a partner in large-scale BESS projects in the Nordic region and represents an important step into a new geographic market. Finland faces the same structural challenges as Sweden, with an electricity system that needs more flexibility and stability through optimized energy resources. This initial project shows that we are a competitive company that can contribute to the important battery development in the country in the future," says Christoffer Caesar, CEO of Soltech Energy Solutions.
For more information contact:
Samuel Lakén, PR Lead, Soltech Energy Sweden
E-mail: samuel.laken@soltechenergy.com
Phone: +46 73- 705 69 61
About Soltech Energy Sweden AB (publ)
Soltech Energy is a full-service provider with market-leading expertise in solar energy, electrical engineering, façades, roofing contracting, charging infrastructure, and advanced energy storage solutions with integrated smart control systems. Soltech Energy Sweden AB (publ) is listed on the Nasdaq First North Growth Market under the ticker symbol SOLT. The Company's Certified Adviser is DNB Carnegie Investment Bank AB. For more information, visit: https://soltechenergy.com
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Christoffer Caesar
