Byhmgard

Byhmgard’s two stand-alone battery energy storage system (BESS) projects in Latvia total 30MW / 60MWh.

A Virtual Power Plant (VPP) connects distributed energy assets like battery storage through one platform, optimizing their response to market signals for grid stability and value creation.

The answer varies sharply across Europe. This chart compares European bidding zones in 2025 based on two of the most important drivers of BESS economics: average power price and price volatility.

Last week, Byhmgard received an order for the delivery of a 5 MW / 10 MWh battery energy storage system to a project in Finland.

Byhmgard’s CEO Christian Byhmer and Head of Business Development Fredrik Brolin visited Latvia’s upcoming BESS project sites, each with a planned capacity of 14.99 MW.

Hitura is a standalone BESS project developed by Solarigo. Byhmgard will acquire the project rights, with Solarigo continuing to support the development of the project toward ready-to-build status, targeted by the end of 2026. Commissioning is anticipated in late 2027.

Byhmgard’s Board of Directors includes members with expertise in energy technology and business leadership.

Mikael Odenberg joined Byhmgard’s Board of Directors in 2025, contributing decades of experience in energy infrastructure, public policy, and security.

Byhmgard’s management team has experience in energy technology and business leadership.

Patrik brings over two decades of hands-on technical experience across defence, industrial automation, and large-scale energy infrastructure.

Byhmgard outlines its corporate governance policies, board structure, and commitment to transparency and accountability.

Battery Energy Storage Systems (BESS) provide flexible power management and support grid stability for the energy transition.

Byhmgard develops Battery Energy Storage Systems (BESS) projects in high-growth European markets, including Sweden, Finland, Italy, Poland, and the Baltic States, with pre-negotiated land leases and established connections.

Byhmgard AB (publ) hires Sandra Brenner as Head of Energy Markets and Trading to support its upcoming operations. The company’s two battery plants in Rīga are set to begin commercial production in the second quarter of 2027. This appointment aligns with Byhmgard’s expansion plans ahead of the plant launches.

Nov 2026TradingViewNews article

Byhmgard AB (publ) secures SEK 38.1 million in underwriting commitments to cover unexercised TO2 warrants at SEK 0.21 per share. The deal includes a 20% fee paid in shares and allows for up to 16.66% potential dilution from related share issuance. The company leverages the funding to manage warrant obligations while mitigating equity dilution risks.

Oct 2026TradingViewNews article

Solarigo Systems Oy and Byhmgard AB have acquired the 50 MW Hitura battery energy storage system (BESS) project in Nivala, Finland. The project was previously developed by Callio-Hitura Solarpark Oy, a subsidiary of Solarigo. This agreement advances the deployment of large-scale battery storage infrastructure in Finland.

Aug 2026SolarigoNews article

Byhmgard acquires a 50 MW battery energy storage system (BESS) project in Finland from Callio-Hitura Solarpark Oy. The transaction involves a wholly owned subsidiary of Solarigo Systems Oy as the seller. The deal follows a previously announced letter of intent.

Aug 2026TradingViewNews article