Northvolt secures $5 billion for Europe’s first circular gigafactory
Europe’s leading battery maker, Northvolt, has signed a $5 billion non-recourse project financing arrangement to enable the expansion of Northvolt Ett in northern Sweden. The deal represents the largest green loan raised in Europe to date.
An optimistic – but realistic – perspective for sodium batteries
International researchers have analyzed the potential of sodium-based energy storage and found recent technical advances have arrived faster than those for the lithium-ion batteries which have been studied for three decades. Issues remain, however, before sodium constitutes a complementary option to lithium.
