Northvolt: the Swedish start-up charging Europe''s battery ambitions
Northvolt''s second site will also be in Sweden, as part of a joint venture with Volvo in Gothenburg. But its third is the subject of transatlantic machinations.
Northvolt''s second site will also be in Sweden, as part of a joint venture with Volvo in Gothenburg. But its third is the subject of transatlantic machinations.
Gothenburg''s publicly-owned energy company, Göteborg Energi, has broken-ground on its large-scale project to strengthen the region''s electrical grid. The move is needed
With energy storage costs projected to drop 33% by 2030, Gothenburg''s initiative positions Sweden as a leader in sustainable urban energy management. The project''s success metrics
SENS develops, designs, builds and sells large-scale energy projects by combining next-generation energy storage technologies: underground pumped storage
Summary: Gothenburg''s new energy storage project addresses renewable energy challenges through cutting-edge battery systems. This article explores how this initiative supports
The Spanish ministry for ecological transition on Thursday announced that it has granted EUR 150 million (USD 166.1m) of state aid drawn from NextGenEU funds to support 36 energy
The Elektra Energy Storage Project, Sweden''s largest battery storage project, is now fully operational. Located in Landskrona, southern
As Sweden races toward its 2045 carbon neutrality target, the government''s 2024 Constant Current Energy Storage Subsidy program has emerged as a game-changer. With 1.2 GW of
The report covers market access, policy overview and market analysis in 14 countries, including Belgium, Finland, France, Germany, the United
Energy storage could save taxpayers in Germany some €3 billion (US$3.3 billion) in subsidies for renewable energy assets by 2037, simply by increasing demand in the wholesale electricity
Ingrid Capacity and BW ESS are starting the construction of energy storages at eight locations in Sweden. An output of more than 200
So far, Gothenburg''s green bonds have supported investments in various climate solutions, including zero-emission electric cars and a biogas project. The biogas facility''s capacity is now
The Gothenburg region is a driving force in Sweden''s transition to carbon neutral industries. Investments and collaborations in the automotive and chemical industries are
The project, led by portfolio company Mine Storage, aims to convert a decommissioned iron mine in Norberg into a pumped hydro energy storage facility. The
Why Gothenburg Leads in Energy Storage Innovation As Sweden''s green energy hub, Gothenburg hosts 43% of the nation''s commercial battery storage projects. The city''s unique
Until well into the 20th century, Gothenburg was a city with heavy industries. In 1987, the Swedish Minister for the Environment called some parts of Gothenburg "hell''s waiting room." In
Summary: Gothenburg''s new mandatory energy storage project aims to stabilize renewable energy integration while creating opportunities for global suppliers. This article breaks down
The rapid growth in the energy storage market continues to drive demand for project financing, and like any other project-financed asset class, lenders will analyze both the amount and
This article delves into the top 10 energy storage companies in Sweden, which include key developers and investors who are delivering
The EU has launched a grant funding opportunity worth €4 billion for upstream and downstream clean energy projects, including energy storage.
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The high share of investments in the category ‘green and energy-efficient buildings’ could be explained by the combination of urban growth with targets to reduce GHG emissions. This high share may reflect a policy priority at this time for Gothenburg.
These are just a few of the many projects have been financed in Gothenburg by green bonds: Lackarebäck waterworks and cleaning filters – water treatment using ultrafiltration, using the largest ultrafilter ever built in Scandinavia. GoBiGas – large-scale production of biogas by gasification.
“Developments in the energy sector present significant opportunities for Sweden,” says Joel Görsch, investment advisor, for automotive and mobility at Business Region Göteborg. “The transition from petrol and diesel to electricity has resulted in much of a car's value shifting to its battery.
The conditions mentioned below are drawn from studies about Sweden in general (Ferlin et al., 2020; Torvanger et al., 2021), because the country has proven to be a world leader when it comes to green bond activity. Gothenburg is a large city to European standards and the largest employer of the city.