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.
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.
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.
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.
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.
The Sweden-headquartered PV technology pioneer has raised a record $21.3 million in financing to bring its new SolFilm thin-film technology to the market.
Another commercial rootop PV system will be connected at a port’s facility on July 1, the same day in which the cancelation of the solar tax for commercial PV will be removed.
The crowd-investment platform for profitable solar energy projects will use the funds to expand operations in in East Africa and Europe.