H2 Green Steel sews up €4.2 billion in financing for green steel plant

Image: H2 Green Steel

Swedish steelmaker H2 Green Steel announced the company had signed definitive debt financing agreements for up to €4.2 billion in project financing for the company's upcoming green...

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EU approves €902 mn aid for Northvolt's EV battery plant in Germany

A 3D rendering of Northvolt Drei, the company's upcoming EV battery giga factory in Germany: Northvolt

Decision helps keep the plant in Europe in the face of competing incentives from America The European Union has approved €902 million in aid for Swedish company Northvolt to set up...

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Electric aviation: US regional carrier JSX buys 130 hybrid planes, option for 200 more

Electra's nine-seater aircraft. Image: Electra

US regional carrier JSX has placed orders for more than 130 hybrid-electric aircraft from three manufacturers, in a move heralding the arrival of electric aviation. JSX is acquirin...

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ADS-TEC installs 20 MW BESS for Polar Structure AB in Sweden

Source: ADS-TEC Energy

Battery charging and storage tech firm ADS-TEC Energy has announced the installation of eight large-scale storage containers based battery energy storage solution in...

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Volvo Cars Energy Solutions eye EV battery spare capacity for V2G ecosystem

Image for representation purposes only. Source: Volvo Cars

Volvo Cars has launched a new business unit - Volvo Cars Energy Solutions - to offer energy storage and smart charging-related technologies and services that enable battery el...

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SENS to develop 50 MW BESS along with 15 MW solar in Sweden

Image for representation purposes only. Source: SENS

Energy projects developer Sustainable Energy Solutions Sweden Holding AB (SENS) has announced the signing of a new lease agreement for solar-battery storage project&...

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Daily Shorts: Vattenfall abandons UK offshore wind project, Air Canada eyes greener fuels and more

Air Canada has signed deals to test and manufacture SAF, a sustainable jet fuel. Image: Air Canada

Sweden's Vattenfall said it would cease development of a 1.4 gigawatt GW wind farm off the coast of Britain, taking a hit of $537 million on earnings. The Norfolk Boreas offshore w...

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Northvolt, Scania unveil Prismatic Battery cells for heavy-duty electric transportation

Battery firm Northvolt and automaker Scania have recently unveiled a jointly developed battery cell for heavy electric vehicles. In validation tests, the lithium-ion...

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Everfuel, Hy24 create € 200m JV for Green Hydrogen infra in Nordics

Green H2 firm Everfuel and Hy24, managing the world's largest clean hydrogen infrastructure fund, have recently announced the creation of a joint venture to finance the a...

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Battery Loop receives six orders for 'BLESS I' 295 kWh ESS in Sweden

Swedish real estate firm Stena Fastigheter has ordered six BatteryLoop energy storage systems 'BLESS I', which will be deployed in Gothenburg, Malmö and Stockholm, a...

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Zinc-ion battery developer Enerpoly raises $ 1.5 million seed funding

Swedish firm Enerpoly that develop develops zinc-ion batteries as a sustainable solution for stationary energy storage has recently  closed a $1.5 million ...

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Polestar to supply batteries to electric hydrofoil boat maker Candela

Premium EV maker Polestar has recently signed a multi-year agreement with hydrofoil electric boat company Candela for the supply of battery and charging systems. The agreement mark...

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Volvo Group initiates process to establish plant for battery production in Sweden

To meet the growing demand for battery electric heavy-duty vehicles and machines, the Volvo Group has announced that it has initiated the process to establish a large-scale product...

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Wallbox, Svea Solar join forces to integrate solar and EV charging in Europe

EV charging and energy management solutions for electric vehicles provider Wallbox N.V. and Svea Solar have announced a new partnership. Wallbox will be the main EV-charging soluti...

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Lhyfe, Trelleborgs Energi partner for renewable green H2 production in Sweden

Lhyfe and the Swedish local energy company Trelleborgs Energi have announced that they have joined forces in a pre-study that aims to build a local renewable hydrogen production sy...

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Lhyfe, wpd Offshore AB inks MoU for green H2 facility at Storgrundet offshore wind farm

Lhyfe and wpd Offshore AB have announced that they have entered into a memorandum of understanding (MoU) to jointly establish and directly connect a facility for green hydrogen pro...

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Volvo Cars select Momentum Dynamics for wireless EV charging pilot in Gothenburg, Sweden

Momentum Dynamics has announced that it has been selected by Volvo Cars as its exclusive wireless charging partner as part of a 'live city environment' three-year pilot program of ...

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Volvo Cars to capitalize $1 billion in next-gen EV manufacturing plant in Sweden

Volvo Cars have announced that it will invest US$1 billion in its Torslanda manufacturing plant in Sweden in the coming years, in preparation to produce its next generation of full...

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Volvo Cars, Northvolt to set up new battery giga factory in Sweden

Volvo Cars and Northvolt have selected Gothenburg in Sweden to establish a new battery manufacturing plant. The facility is scheduled to commence its operations in 2025, with a pot...

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