Developer SENS has secured a 30-year land lease for a 40MW battery energy storage project in Södermanland, Sweden.
The deal has been struck with a landowner outside Bettna in Flen municipality, Södermanland County, Sustainable Energy Solutions Sweden Holding AB (SENS) said.
SENS will now aim to continue the development process of the project up to ready-to-build (RTB) status, at which point it will sell control of the project to another developer or long-term owner.
That will follow the model it opted for in May this year when it sold a co-located, 20MW solar PV, 25MW battery storage project in Värmland country to Swiss renewable energy firm Axpo, set to start construction in the second half of 2023.
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