ChargePanel signs agreement with PSW Power & Automation AS

ChargePanel AB (publ) (“ChargePanel”) and PSW Power & Automation AS (”PSW”) have today signed an agreement for ChargePanel’s Enterprise Service for the Norwegian market. PSW will use the service for the operation of relocatable charging infrastructure and to manage 360 kWh DC charging stations.

This is the second agreement for ChargePanel in the Norwegian market and the first agreement with a company specializing in both electrical infrastructure and energy solutions as well as the marine and offshore industry in their service offering.  The purpose of the agreement is for PSW to be able to offer their customers relocatable charging infrastructure through a container solution with the support of ChargePanel’s Enterprise solution.

ChargePanel has recently seen an increase in the number of requests from potential customers in the Norwegian market. The Norwegian market is a part of the home market, and The Company is going to work towards the signing of further agreements during the year.

To have the opportunity to sign the agreement with PSW is very interesting for us and opens up a whole new industry segment. In addition, it can be a step towards new countries. The initial agreement is minimal in scope with a strategic potential for growth. This follows our strategy to sign agreements that can develop further and progress into new countries.” –  Peter Persson, CEO – ChargePanel AB (publ)

About PSW Power & Automation AS

PSW Power & Automation delivers complete solutions within electrification and renewable energy. The company specializes in the design and integration of electrical power systems, electrical infrastructure, energy storage systems and control systems. Read more at the company’s website: www.pswpower.no

For further information, please contact:
Peter Persson, CEO, ChargePanel AB (publ)
Email:
Phone: +46 (0)8 120 325 01

About ChargePanel AB (publ)

ChargePanel is a GreenTech company that offers innovative B2B solutions within e-Mobility.

ChargePanel offers a white-label SaaS-platform for the operation and management of electric vehicle charging networks. The platform enables electric vehicle driver access to a user-friendly app for charging and is independent of both electricity companies and manufacturers of charging infrastructure.

Since the start, the company’s focus has been towards developing the technical platform as well as increasing the interest and connecting with selected strategic partners and customers. The company provides solutions in Sweden, Norway, Great Britain, Romania, Morocco, Kenya, Uganda, Malta, the USA, Australia and Malaysia, with the ambition to grow with its customers into new geographic markets and has adopted a growth strategy which includes multiple continents before the end of 2025.

The company’s strategy is both sustainability and customer-centric. Smarter electric vehicle charging through ChargePanel’s platform facilitates the transition from fossil-fuel vehicles to electric vehicles for both private individuals and companies. This is in line with the climate goals of most countries and regions, and the incentives for electric vehicles will increase sharply in the future.

The company was founded in 2014 and has its headquarters in Stockholm, Sweden. ChargePanel AB (publ) is listed on Nasdaq First North Growth Market and the company’s Certified Adviser is Eminova Fondkommission.