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.
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.
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.
Port of Stockholm resumes commitment to solar energy as Sweden’s solar tax is canceled
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.
Swedish Parliament approves cancellation of solar tax
The tax was applied to PV installations for self-consumption with a capacity of over 255 kW. The move is expected to revive Sweden’s solar market after the disappointing performance (due to the tax) registered last year.
Swedish Energy Agency pushes for more residential PV
The Swedish agency has launched an initiative to spread awareness on the advantages of PV among homeowners.
