The 1MW/1MWh Commercial and Industrial Energy Storage Project by Times New Energy was successfully commissioned in Mjölby, Sweden, providing stable power supply for local farms.

Farm operations experience significant fluctuations in electricity demand, especially during peak seasons or under extreme weather conditions, making a stable power supply crucial. The energy storage system can swiftly respond to these demand variations, enhancing the stability and reliability of the farm's power supply through precise frequency regulation.

With Sweden's mature electricity ancillary service market, farm owners can leverage the energy storage system to provide frequency regulation services, earning corresponding economic benefits. Additionally, commercial and industrial energy storage offers multiple functions, including backup power, peak shaving and valley filling, and power quality improvement.

Currently, Times New Energy has several commercial and industrial energy storage projects in Sweden undergoing commissioning and operation, serving diverse scenarios such as office buildings, industrial parks, and farms. Times New Energy remains committed to advancing energy storage technology R&D and applications, contributing to the global energy transition.