Sweden's Volvo Group plans large-scale battery storage facility

Business Recorder reported that Volvo Group intends to set up a big battery storage site in Mariestad, in western Sweden. The truck maker announced on Thursday that the site should initially offer roughly 70 MW and 260 MWh of storage, which would place it among the biggest energy parks nationally. Volvo anticipates the park will be running during 2027.

The storage plant is designed to support grid stability across the region, while the planned test bed will be used to develop and trial new energy technologies. Volvo described this as a step toward an energy system that is more sustainable and robust. Separately, the company's large battery cell factory, which has been pushed back, is set to begin output after 2030 and sits close to the energy park, aimed at meeting rising demand for electric heavy trucks and machinery.