Scana company secures sizable contract for battery energy storage in Saudi Arabia.

05 Sep 2024 08:27 CEST

Bergen, 5 September 2024: Scana-owned PSW Power & Automation have secured a
contract for delivery of a 5MW/5.6MWh Battery Energy Storage Solution (BESS)
project in Saudi Arabia.

The system will provide backup power in the event of grid power failure. The
delivery also includes an energy management system that will enable future
optimalization of the power plant in the Red Sea. This is a sizable (1) contract
for the company. The project will start immediately, and delivery will take
place in Q4-2024.

“This is our second contract for battery systems in Saudi Arabia, and we are
very pleased to strengthen our market position in the region. We see significant
market opportunities for battery systems in Saudi Arabia, and this contract
confirms our strong position and ability to deliver complex energy systems
worldwide,” says Eirik Sørensen, Managing Director of PSW Power & Automation.


(1) A sizeable contract is defined to be between NOK 20 million and NOK 50
million.
(2) A substantial contract is between NOK 50 million and NOK 150 million.
(3) A large contract is over NOK 150 million.


For more information, please contact:
Pål Selvik, CEO, Scana ASA, +47 970 46 502
Eirik Sørensen, Managing Director, PSW Power & Automation, +47 936 78 233

PSW Power & Automation in brief
PSW Power & Automation delivers complete solutions within electrification and
renewable energy. The company specializes in the design and integration of
electrical power systems, electrical infrastructure, energy storage systems and
control systems. www.pswpower.no

Scana in brief
Scana is an active industrial owner of technology and services to both the
energy and offshore industries. With an industrial history dating back to the
early 1900s, Scana has evolved to become a leader in technology and innovation.
This journey has provided a unique position to shape solutions for tomorrow,
driven by extensive industrial experience combined with quality and value
creation. Scana is headquartered in Bergen and has above 600 employees.
www.scana.no

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