Korkia and Recap Energy join forces to develop significant amount of solar power in Sweden
Finnish renewable energy investment company Korkia and Swedish renewable energy developer Recap have entered into a joint venture agreement to develop 200+ MWp of ground-mounted solar PV projects in Sweden over the next four years. The joint venture aims to sell the projects at ready-to-build status to long-term investors. Subject to market conditions and location, projects will sell energy under full merchant revenue scheme or under corporate PPA.
Sweden’s first rock cavern for green hydrogen storage takes shape
Vattenfall, SSAB and LKAB have reached the halfway point in the construction of a rock cavern storage facility in a coastal city in northern Sweden. The 100-cubic-meter facility is being constructed 30 meters below ground and will begin storing green hydrogen next year.
FuGen and EnergiEngagemang cooperate to build 500MW solar parks in Sweden
FuGen and EnergiEngagemang have recently started a collaboration with the aim of speeding up the expansion of larger solar parks around Sweden. The agreement covers the establishment of solar parks of up to 500 megawatts, which has a value of almost SEK 3 billion.
Large scale solar reaches €0.02737-04939/kWh LCOE in Sweden
New research from Sweden showed that financing conditions and the choice of location are crucial factors in reducing the levelized cost of energy for utility scale solar parks built without subsidies in the Scandinavian country. According to the researchers, the project with the lowest LCOE in Sweden, of €0.02737/kWh, is a plant with an expected lifetime of 45 years, a 2% annual degradation rate, capex of €703,758 per megawatt installed, a yearly fixed operations and maintenance cost of €11,277 per megawatt, and a nominal weighted average cost of capital per annum of 0.2%.
Volvo Cars and Northvolt accelerate shift to electrification with new, 3,000-job battery plant in Gothenburg, Sweden
Volvo Cars and Northvolt have selected Gothenburg, Sweden, to establish a new battery manufacturing plant which will commence operations in 2025, create up to 3,000 jobs and complement the planned R&D centre that both companies announced in December as part of an investment of approximately SEK 30 billion.
Growatt responds to Sweden’s investigation on EMC requirements, says all products are certified in compliance with EU regulations
The Chinese PV inverter maker has said that all its products are tested and certified in compliance with EU regulations by global leading testing and certification companies. As for the 8000TL3-S inverter series, which has now been banned from the Swedish market, the company said the device has not been in production since 2020.
ENCAVIS AG partners with Solgrid AS on a 100 MWp+ solar portfolio in Sweden
The SDAX-listed wind and solar park operator Encavis AG (Prime Standard, ISIN: DE0006095003, ticker symbol: ECV) has signed an investment agreement with the Norwegian Solgrid AS for a portfolio of subsidy-free solar projects in Southern Sweden spanning over 100 MWp. The first solar park in Varberg (West-Coast of Sweden) with a generation capacity of approximately 5 MWp is already connected to the grid. Additional five projects with a capacity over 100 MWp are at various stages along the development value chain, nearing Ready-to-Build (RTB) status.
EEW Becomes Sweden’s Largest Solar PV Developer
EEW announces it now has290MW of solar power projects at the advanced development stage in Sweden, making it the country’s largest solar power developer
Alight and The Axel Johnson Group to double Sweden’s solar park stock
The Axel Johnson Group signs an agreement with Alight to build three solar parks in Sweden with a total installed power of about 90 MW. This will double Sweden’s established solar park stock’s energy production by adding Sweden’s largest solar parks.
Alight and The Axel Johnson Group to double Sweden’s solar park stock
The Axel Johnson Group signs an agreement with Alight to build three solar parks in Sweden with a total installed power of about 90 MW. This will double Sweden’s established solar park stock’s energy production by adding Sweden’s largest solar parks.
