Swedish–French partnership aims for 200 MW of battery projects in France
Ingrid Capacity, a Swedish specialist in flexibility and grid technologies, and Wattmen, a French developer of energy storage solutions, have signed a co-development agreement to deploy 200 MW of battery energy storage systems (BESS) in France. The projects are expected to reach ready-to-build status between 2026 and 2027.
Under the partnership, Wattmen will draw on its in-depth knowledge of the French energy market to lead local project development, while Ingrid Capacity will contribute its expertise in financing, procurement and operations, as well as asset optimization through its in-house trading and optimization platform.
Founded in 2022 and headquartered in Stockholm, Ingrid Capacity has built a portfolio exceeding 450 MW (650 MWh) of battery storage capacity and has raised more than €300 million in capital. Its assets include Finland’s largest battery storage facility, with a capacity of 70 MW (140 MWh), and one of the largest in Sweden, at 100 MW (200 MWh).
Wattmen, which has received recognition from French Tech and Ademe, is currently developing 170 MW of storage projects in France. “Thanks to Ingrid’s expertise, we can significantly accelerate the time to market for our assets. This enhances profitability for renewable energy producers, facilitates their integration into the power system, and strengthens grid resilience,” said CEO Jean-Marc Guenée.
From pv magazine France