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Suntrade says China Gas injects SEK 6 million into Rosersberg battery storage SPV Gridtrade 2
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Suntrade says China Gas injects SEK 6 million into Rosersberg battery storage SPV Gridtrade 2
  • Suntrade reported China Gas injected SEK 6 million into Gridtrade 2 to advance the Rosersberg battery storage project.
  • The funding paid for Linyang battery systems, now completed; shipments are expected to leave China shortly.
  • China Gas also secured an additional SEK 4.4 million for continued execution, strengthening financing ahead of the next phase.
  • A Norrmontage substation was ordered; on-site EPC work is scheduled to start in late September 2026.
  • Suntrade estimates its 20% stake could generate about SEK 800,000 annually for roughly 20 years once fully operational.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Suntrade Group AB (publ) published the original content used to generate this news brief via Cision (Ref. ID: 202608120327BITN____UKPR__SV_20260812-BIT-6720-0) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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