The Swedish power utility announced a plan to invest heavily in renewable energies over the next two years. The company said investments in solar and storage will reach 2 billion SEK ($226.3 million).
A new renewable energy law will come into force in the Eastern European country on April 1. Solar and wind are expected to see their first development in the country after several years of almost zero-growth.
President Trump’s Department of Energy hit list includes advanced energy research, loan guarantees and the Office of Energy Efficiency and Renewable Energy.
German car maker BMW will provide Vattenfall with 1,000 lithium-ion car batteries. Vattenfall will use the batteries, which are also used for the vehicle BMW i3, for storage projects at wind farms.
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