Volvo Group announces energy park initiative as next step in Mariestad
Volvo Group plans a large battery-based energy park in Mariestad to support grid resilience and future energy solution testing from 2027 onward.
Rhea-AI Summary
Volvo Group (VLVLY) plans an energy park in Mariestad, Sweden, as the next step in its local expansion, with initial battery storage capacity of about 70 MW/260 MWh.
The park will be developed along two tracks: a large-scale battery storage facility to support regional grid stability and a future test bed for innovative energy solutions. Volvo Battery Energy Storage Systems from Volvo Energy will be used in the first phase. The site is expected to become operational during 2027 and will serve as a real-scale customer demonstration facility. Located near a planned large-scale battery cell plant scheduled to start production after 2030, the energy park will strengthen Volvo Group’s industrial and logistics cluster in the region.
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GOTHENBURG, Sweden, Sept. 10, 2026 /PRNewswire/ -- Volvo Group announces next step in the Mariestad expansion process with plans for an energy park near the intended battery cell production site. The energy park will be developed along two parallel tracks: a large-scale battery storage facility and a future test bed for innovative energy solutions. Initially, the park 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. Together, the two tracks will contribute to the transition towards a more sustainable and resilient energy system.
The transformation towards fossil-free transport solutions continues at Volvo Group and in society at large, and the Volvo Mariestad energy park will be a physical site supporting that journey. The park will grow step by step over time. As a first step, large-scale quantities of energy storage that will store electricity to support the grid will be installed. For this stage the Volvo Battery Energy Storage Systems (BESS) from Volvo Energy will be utilized. As Volvo Group has most of its Swedish production in the region, the park will add capacity and support resilience in the grid for a region with high energy consumption.
In addition, it will drive learnings for Volvo Group and its customers and other partners in the societal transition towards lower emissions. It will be used as a customer demonstration site on a real scale and with real business cases and capabilities as energy solutions and offerings for customers will be further developed and advanced.
The energy park is expected to become operational during 2027 and will provide flexibility and stability to the regional energy market, including through flexibility services meaning that the stored energy can flow back into the local grid and provide power when needed and thus strengthening energy access and resilience.
"This initiative is a natural next step in the development of our Mariestad facility and reflects our vision of a more robust, flexible and sustainable energy system," says Lars Stenqvist, responsible for the development of Mariestad site at Volvo Group. "The energy park in Mariestad, that will be one of the largest in Sweden with some 70MW/260 MWh of battery storage will support Volvo Group's and Sweden's decarbonization ambitions. It will also be a great test bed for testing and further advance energy solutions for our customers."
As previously announced, Volvo Group is establishing 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 plant is scheduled to begin production after 2030. Together with Volvo Group's existing powertrain plant in nearby Skövde, the battery cell plant and energy park will strengthen Volvo's industrial and logistics cluster in the region and create opportunities for shared infrastructure and capabilities.
September 10, 2026
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Claes Eliasson, Head of Media Relations*
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press@volvo.com
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The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers' uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs almost 100,000 people and serves customers in almost 180 markets. In 2025, net sales amounted to SEK 479 billion (EUR 43 billion). Volvo shares are listed on Nasdaq Stockholm.
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Press release â€" Volvo Group announces energy park initiative as next step in Mariestad | |
https://news.cision.com/ab-volvo/i/mariestad-260910-1860x1050,c3563279 | Mariestad 260910-1860x1050 |
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SOURCE AB Volvo
FAQ
What are the two main components of the Mariestad energy park?
The Mariestad energy park will be built along two parallel tracks: a large-scale battery storage facility providing about 70 MW/260 MWh of storage and a future test bed for developing and testing new energy solutions.
How will the energy park support the local energy system?
The battery storage facility is intended to support grid stability and provide flexibility services by allowing stored energy to flow back into the local grid when needed, which is expected to strengthen energy access and resilience in a region with high energy consumption.
When is the Mariestad energy park expected to start operating?
The energy park is expected to become operational during 2027, with initial installation of large-scale energy storage that will store electricity to support the grid.
How does the energy park relate to Volvo Group’s future battery cell plant?
The energy park will be located near Volvo Group’s planned large-scale battery cell production plant in Mariestad, which is scheduled to begin production after 2030. Together with the existing powertrain plant in nearby Skövde, these facilities are expected to strengthen Volvo’s industrial and logistics cluster and enable shared infrastructure and capabilities.
How will Volvo Group use the energy park for customers and partners?
The company plans to use the Mariestad energy park as a customer demonstration site on a real scale with real business cases, supporting the further development and advancement of energy solutions and offerings for customers, as well as learnings for Volvo Group and other partners in the transition towards lower emissions.
Which technology will be used in the first stage of the energy park?
In the first stage, the energy park will utilize Volvo Battery Energy Storage Systems (BESS) from Volvo Energy to provide large-scale energy storage that can support the regional electricity grid.
What recent financial scale did Volvo Group report?
In 2025, Volvo Group reported net sales of SEK 479 billion, which corresponds to EUR 43 billion, and it serves customers in almost 180 markets.