Scana ASA: Scana company signs contract for the delivery of Battery Energy Storage System

12 May 2025 08:55 CEST

Bergen, 12 May 2025: Scana-owned PSW Power & Automation AS has signed a contract
for the delivery of a Battery Energy Storage System (BESS) with a total capacity
of 11.3MWh. The solution will be used in the Nordic balancing market as well as
in emerging local flexibility markets for energy storage. The company has also
secured a 5-year maintenance contract for the system.

The contract will be part of an expansion of an existing project, increasing the
system's total energy capacity to 22,6 MWh.

The solution includes transformers, inverters and battery storage. At the core
of the system is an advanced energy control system, offering market-leading
dynamic regulation with compatibility for multi-market models within the Nordic
balancing market.

“This contract is of great importance and confirms our position as one of the
leading players in the Nordic energy transition. Existing energy storage sites
operating in the balancing market demand more battery capacity to increase
flexibility and profitability. We expect to see more of these opportunities
going forward”, says Eirik Sørensen, Managing Director of PSW Power & Automation
AS.

This is a sizeable contract (1) for the company. The project will start
immediately, and delivery will take place in Q4-2025.

(1) A sizeable contract is defined to be between NOK 25 million and NOK 75
million.
(2) A substantial contract is between NOK 75 million and NOK 150 million.
(3) A large contract is between NOK 150 million and NOK 250 million.
(4) A very large contract is over NOK 250 million.

As of today, Scana’s order backlog stands at approximately NOK 1.28 billion.

For more information, please contact:

Pål Selvik, CEO, Scana ASA, +47 970 46 502


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

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

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