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Solving the Nordic Power Grid Electrification Challenge 

The transition to green electricity and increased energy consumption require new solutions

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Changing energy patterns have created an increased demand for flexible energy support services

Across the Nordic region, a thorough conversion to green renewable electricity production is underway, where wind, water and solar power in combination with an integrated European electricity market make it difficult for the Nordic electricity grid operators; Svenska Kraftnät in Sweden, Statnett in Norway, FinGrid in Finland and Energinet in Denmark to maintain stability in the power grids.

At the same time, in Svenska Kraftnät's forecasts, the demand for electrical energy in Sweden is expected to double over the next 20-year period, which could mean up to 890 hours (≈10%) of interruptions per year if reinforcements in the grid are not carried out. And similar forecasts apply across the Nordic region.

In order to face the new reality and maintain a stable electricity distribution, the operators have started to procure flexible resources and services to be able to guarantee a safe and stable electricity network.

In other words, the Nordic power system is becoming less predictable, which means major challenges when it comes to balancing the power system and maintaining power coverage. The expansion of solar energy and wind power, and thus the transition to a more modern power system, is expected to take place faster than previously assumed. The forecasts for consumption in Sweden, which were published only a few years ago, are already out of date.
our offer

A unique solution tailored to the Nordic grids

Initially PowerBank Group will focus on offering flexible energy support services targeted at the area; "Support services for frequency balancing the grid". Through our partner Sustainable Business Partner, we guarantee delivery of every installation from pre-study, technology selection, installation, commissioning and compliance and IT security.

The installations includes one or more batteries, connections to the electricity grid and a manual and remote control system. Every component in every single installation needs to maintain the highest quality in order to guarantee a safe and sustainable delivery. And since the company will be commissioning a number of installations in several markets, we have developed a package of products that meet today's and future quality requirements and are adapted to Swedish and Nordic electricity grids.

Our business model also includes advanced software and machine learning algorithms for optimized bidding to ensure the best possible outcome when the Nordic grid operators procure energy services.
market-leading tech solution

Advanced and complex energy storage

Our energy storage units are unique and developed in collaboration with a Swedish battery producer for use on the Nordic power grids. The batteries fulfill an extensive list of requirements with unique market-leading functions and properties;

  • Long life with long service intervals and warranty periods

  • Qualified smart control system that offers integration flexibility for us and our clients

  • Scalability – hardware and software ready to perform within different work areas

  • Safe and reliable operation - each individual battery pack has multiple layers of built-in fire extinguishing system (aerosol - cools and binds gases) which is activated in case of temperature differences

  • Remote monitoring (live) of each energy layer down to the cell level

  • Simple, efficient installation and commissioning

  • IT security: remote control of each battery pack via secure VPN tunnels

  • CATL battery cells – from the market-leading manufacturer of battery cells
flexible solutions

Mobile charging stations and AgroPV (Agro PhotoVoltaics) – flexible solutions to meet new global needs

PowerBank Group collaborates with leading innovative technology providers to develop and implement optimized electricity-based solutions adapted to the requirements of the future. This includes mobile charging stations that enable electricity distribution outside the established electricity grid, both for temporary and long-term needs.  We will also shortly initiate a development project to develop an optimized AgroPV solution, adapted to different climate zones and geographical conditions.

Our goal is to combine solar energy production and agriculture in a way that maximizes resource utilization and creates sustainable solutions for both energy supply and food production.

AgroPV or Agrivoltaics – energy and food production in one solution

AgroPV involves an integrated solution where solar panels are installed above or adjacent to agricultural land, which creates several synergy effects. By combining electricity production and agriculture on the same land, significant benefits are achieved:

  • Increased yield per square meter – better land use through double use of the surface

  • Improved growing conditions – the solar panels provide shade, which reduces water consumption and creates a more stable temperature for the crops

  • Lower operating costs – self-produced electricity reduces energy costs and can also generate side income

  • Reduced water consumption – AgroPV systems contribute to more efficient water use, which lowers costs and reduces environmental impact

  • Optimized land use – makes it possible to combine agriculture with energy production without compromising food supply


By developing and implementing AgroPV solutions, we create a more sustainable and resilient food and energy supply, adapted to a world with growing needs for both food and green energy.