Nuvve and Omnia Global Partner on 1 GW BESS Pipeline in Europe, Starting with 75 MWh Project in Sweden

Type: Partnership · Technology: Storage, Battery Storage · Country: Sweden · Capacity: 75 MWh · Announced: 2026-03-30

Nuvve, a former V2G specialist, has partnered with Swiss investment firm Omnia Global to develop over 1 GW of battery energy storage system (BESS) projects across Europe. The partnership will commence with a 50 MW / 75 MWh BESS project in Sweden, scheduled to begin operations in Q2 2026. Nuvve will own and manage the asset, providing full market access services including optimization across ancillary services and energy trading, while also securing exclusive rights to support Omnia’s existing BESS developments and a right of first refusal for future projects. This collaboration aims to capitalize on attractive market conditions and supportive regulatory frameworks in European regions, with Nuvve expecting significant incremental revenues.

Analysis

Nuvve and Omnia Global have partnered to develop over 1 GW of battery energy storage system (BESS) projects across Europe, commencing with a 50 MW / 75 MWh BESS project in Sweden. Omnia Global, an independent investment manager founded in 2019, manages OMNIA Infrastructure Fund I, which has secured €250M. The initial 75 MWh project in Sweden is scheduled to begin operations in Q2 2026. Nuvve will own and manage the asset, providing full market access services, and has secured exclusive rights to support Omnia’s existing BESS developments and a right of first refusal for future projects.

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Counterparties

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