BatteryLoop Enters into Three Business Deals and Two New Collaborations

BatteryLoop has received three orders of their large systems: BLESS™ III of 2,8 Megawatt each, to be placed around Sweden. The energy storage systems will be made with reused vehicle batteries from Mercedes-Benz Energy, whom BatteryLoop entered into an agreement with earlier this year.

The start-up company BatteryLoop create circular solutions for an electrified society. Their energy storage system BLESS™ are made with reused electric vehicle batteries. Together with their proprietary developed digital service platform they can for instance cut power peaks, store solar energy, support electric vehicle charging and generate income for the customer.

"The fact that our energy storage systems are made with reused batteries from the automotive industry is both resource efficient and climate smart. We also control our BLESS™ to be optimal with our own developed digital service platform. To succeed with the electrification of society and reach the target climate goals, reuse and innovative solutions are crucial", says Rasmus Bergström, CEO BatteryLoop.

The energy storage system will be placed in Karlshamn Kommun and will support the local power grid with sustainable electricity, cut power peaks and frequency trade services.

Ingrid Capacity builds infrastructure for large scale energy storage in Sweden, thus enables society’s transformation towards renewable energy sources. Ingrid Capacity is therefore supporting Svenska Kraftnäts need for balance in the power grid.