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Northvolt secures $1.6bn backing for twin battery gigafactories

In a little over ten years, Northvolt aims to pour 150 GWh of batteries onto the European market, annually. The company is also working to source end-of-life batteries for half its raw materials.

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Sparx launches $18 million renewables fund in Japan

A unit of Tokyo-based asset manager Sparx has set up a new JPY 20 billion (US$17.95 million) fund to invest in operational renewable energy projects throughout Japan. 

Sparx’s clean-energy investments hit $1.2 billion in Japan

Solar accounts for nearly 92% of its 307 MW renewables portfolio, with total investment reaching ¥137.3 billion ($1.2 billion) by the end of January 2017.

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