Northvolt battery project approved for EIB loan that could reach €52.5m

The Swedish storage developer will receive the loan funds via the European Commission’s InnovFin fund, which is part of the Energy Demo Projects facility.

Swedish government backs Northvolt battery plant to tune of €15m

The Swedish Energy Agency has granted SEK 146 million to support Northvolt Labs’ large-scale battery manufacturing plant in Västerås, Sweden. Project already secured financial backing from ABB, Vestas and Scania.

VW-owned Scania to invest €10m in Northvolt’s battery cell manufacturing fab

The truck maker is to partner with Northvolt on developing and commercializing battery cells for use in heavy commercial vehicles.

Øresund Bridge connecting Sweden and Denmark to be powered by solar

A 250 kW PV system will provide around 4% of the bridge’s energy needs. The project may be expanded to 700 kW.

Swedish Energy Agency revises statistics: new additions for 2016 totaled 79.2 MW

The new numbers reveal that the Swedish solar market grew by 63% last year compared to 2015, and that it surpassed 200 MW of cumulative installed power.

ABB signs MoU, will part-finance Europe’s largest lithium-ion battery fab in Sweden

The Swiss power electronics specialist is to work alongside Northvolt on the development of battery solutions, R&D and factory automation at a new state-of-the-art lithium-ion battery factory in Sweden.

First ever solar PPA signed in Sweden

Swedish renewable energy company Eneo Solutions AB was awarded a PPA for a 745 kW rootop PV project by the municipality of Järfälla through a tender process.

Sweden’s electricity certificate system sees share of solar increase

According to provisional figures, the amount of PV capacity operating in the Norwegian-Swedish electricity certificate market, mostly located in Sweden, has almost doubled in 2016.

Sweden allocates additional funds for solar rebates

A further 200 million SEK will be allocated for 2017, while another 525 million SEK will be provided in 2018. The funds will be used to support residential and commercial rooftop solar.

Commercial PV is a profitable business in Sweden, study

The study by the Swedish energy agency Energimyndigheten reveals that several companies in the Scandinavian country find PV a profitable solution, even without any sort of incentive.