Alight Powers Up Finland: 100MW+ Solar Park
Swedish developer Alight is building a 100+ MW solar park in Finland, expected to power 20,000 homes. Construction will begin in 2024, bringing jobs to the community and helping Finland reach its carbon neutrality goals. Warren Campbell of Alight expresses excitement for the expansion.
Sep 19, 2023 // Plants, Large-Scale, Commercial, Sweden, Europe, PV Power Plant, Alight
INTEC/CHINT to Power 12,600 Homes in Sweden
INTEC and CHINT Solar partner to build a 64-MWp photovoltaic solar park in Hallstavik, Sweden. Expected to generate 63 GWh of electricity each year, powering 12,600 households. Construction planned for completion by Q2 2024. Axfood AB signs 12-year PPA agreement.
Sep 18, 2023 // Plants, Large-Scale, Commercial, Sweden, Europe, Chint Solar, PV Power Plant, intec
Powering Sweden: Alight Selects Intec & Chint
Intec Energy Solutions and Chint Solar have been selected by Alight to deliver a 64MW photovoltaic project in Hallstavik, Sweden. The solar farm will contribute to advancing sustainable energy sources and mitigating carbon emissions, while providing customer service excellence.
Sep 14, 2023 // Plants, Large-Scale, Commercial, Sweden, Europe, Chint Solar, PV Power Plant, Intec Energy
Sweden Tests Solar-Powered Hybrid Truck
Funded by Vinnova and Scania, this research project is developing a solar-powered hybrid truck with a 560-horsepower plug-in hybrid and 18m trailer covered with 100 sqm solar panels. Expected to reduce emissions and sell electricity to the grid, the truck is being tested by Ernsts Express AB.
Aug 31, 2023 // Transport, Sweden, hybrid, Europe, Scania, Electric, truck
Fortum to Build 90-MW Solar Park in Sweden
Fortum, a Finnish energy company, plans to build a 90-MW solar power plant in Sweden. The project, called Alvret, will cover 95 hectares of land and is estimated to take up to three years to complete. Construction will begin once the permit process is finished. An additional 80-MW solar project is planned for Virolahti, Finland.
Aug 28, 2023 // Plants, Large-Scale, Commercial, Sweden, Europe, PV Power Plant, Fortum
Northvolt Raises $1.2bn for Expansion
Northvolt, a leading European battery manufacturer, has secured over $9bn in equity and debt to fund its European and North American expansion. Investor include Investment Management Corporation of Ontario, BlackRock, Canada Pension Plan Investment Board, OMERS, Goldman Sachs Asset Management, AP Funds 1-4, Folksam Group, ATP and Volkswagen Group.
Aug 22, 2023 // Markets & Finance News, NORTHVOLT, Sweden, Europe
Midsummer Gets EU Grant to Build 200-MW CIGS Factory
Midsummer AB has been awarded an EU grant of EUR 32 million to build a 200-MW CIGS solar cell factory in Sweden. The CIGS solar cells are lightweight, flexible and able to be installed on lightweight roofs. The project is expected to solidify Midsummer AB's foothold in the European solar market.
Jul 18, 2023 // Manufacturing News, Sweden, Europe, solar cell, Midsummer AB, CIGS Factory
Ilmatar Secures Land for 350MW Swedish Solar
Ilmatar, a Nordic developer, has secured land for a proposed 350MW solar farm in Grums, Sweden. Working with local landowners, the farm will be one of the largest in Sweden, using timber forest damaged by bark beetles. Christian Gustafsson, Ilmatar's CEO, looks to expand renewable energy for Sweden with the project. Anders Bergenheim, a local landowner, is excited about the collaboration.
Jun 22, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Sweden, Europe, PV Power Plant, Ilmatar
Sustainable Power: Northvolt Secures $400m
Northvolt has secured a $400M investment from IMCO to expand their battery production capacity, with a focus on clean energy manufacturing, regional sourcing, and closed-loop circularity through recycling. This investment supports meaningful capital deployment for the energy transition and managing ESG risks.
Jun 21, 2023 // Markets & Finance News, Canada, NORTHVOLT, Sweden, Europe, North America, Imco
64MW Solar PPA: Axfood, Alight Unlock New Era of Renewable Energy in Sweden
Alight has signed a PPA with Axfood for the largest solar park in Sweden, unlocking non-recourse project financing. SEB will provide the debt financing to build the 64MW park, which will be operational in 2024 and feature initiatives to promote biodiversity.
Jun 21, 2023 // Plants, Large-Scale, Commercial, Sweden, PPA, Europe, PV Power Plant, Alight, Axfood
Solgrid, Soltech Partner for 300 MW Solar in Sweden
Soltech and Solgrid have entered a partnership to develop and operate 300 MW of ground-mount solar projects in Southern Sweden. Solgrid is investing SEK 2 billion with potential orders of SEK 1 billion for project development. Applications are submitted and construction is expected in 3-4 years.
Jun 20, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, Sweden, Europe, Solgrid, Soltech
H2 Green Steel strikes 700MW hydrogen offer
Partnership with electrolysis tech company Thyssenkrupp Nucera to produce green fuel in Boden, Sweden
May 22, 2023 // Storage, Solar to Fuel, Sweden, Europe, green hydrogen, H2 Green Steel
Axpo acquires battery and solar project in Sweden
Swiss renewable resource manufacturer and trader Axpo Holding AG on Monday said it has actually acquired a battery and solar project in Sweden from project designer SENS (Sustainable Energy Solutions Sweden) in a bargain of concealed industrial terms.
May 15, 2023 // Plants, Storage, Sweden, Axpo, Europe, Solar Project
Hydro Rein, GreenGo companion on 118 MW of solar projects in Sweden
Hydro Rein has agreed to acquire two early-stage solar projects with an integrated capacity of 118 MW in Sweden from Danish programmer GreenGo Energy, it was announced today.
May 9, 2023 // Markets & Finance News, Sweden, Europe, solar projects, Greengo, Hydro Rein
OX2 completes procurement of renewables developer ESCO Pacific
Swedish renewables developer OX2 AB (STO: OX2) on Monday stated it has actually completed the AUD-126-million (USD 84.7 m/EUR 76.9 m) procurement of Australian peer ESCO Pacific, including a 1.42-GW project development portfolio to its platform.
May 8, 2023 // Markets & Finance News, Sweden, Australia, Europe, Oceania, OX2, ESCO Pacific