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

Volvo AB

10/09/2026 08:01

OSLO, Sept 10 (Reuters) - Volvo Group VOLVb.ST plans to build a large-scale battery storage facility and a future test bed for new energy solutions in Mariestad in western Sweden, the truck maker said on Thursday.
Initially, the site is expected to provide approximately 70 MW/260 MWh of battery storage capacity, making it one of the largest energy parks in Sweden.
The battery storage facility will support grid stability in the region, while the future test bed will enable the development and testing of new energy solutions, Volvo said.
This will contribute to a transition towards a more sustainable and resilient energy system, it said.
Volvo expects the energy park to become operational during 2027.
As previously announced, the truck maker plans to establish a large-scale battery cell production plant to meet growing demand for battery-electric heavy-duty vehicles and machines.
Located near the planned energy park, the battery cell plant, which is delayed, is scheduled to begin production after 2030.

(Reporting by Terje Solsvik, editing by Anna Ringstrom)
((terje.solsvik@thomsonreuters.com; +47 918 666 70;))