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Europe's Green Hydrogen Rules Raise Costs for Industry
rules favor H2 projects in areas with high shares of renewables. Given that Norway's grid is 90% renewable, a grid-connected electrolyzer can qualify as green
Aug 17, 2022 // Market Research, Solar to Fuel, Europe, green hydrogen
Residential solar company Otovo wraps up EUR-35m placement
it currently operates. These include Spain, France, Poland, Italy, Sweden and Norway. Otovo has actually obtained listing of its shares on the Oslo Stock
Feb 12, 2021 // Residential, Markets & Finance News, Spain, Sweden, France, Italy, Poland, Europe, Norway, Otovo
Polish solar distributor Keno Group opens branch in Romania
be amongst the offerings. Keno Group has offices in the UK, Germany, Norway, Poland, Hungary as well as the Czech Republic. In 2014, the Polish firm
Apr 25, 2023 // Markets & Finance News, Poland, Europe, Romania, Keno Group
Statkraft blog posts 77.6% profit growth in 2022 on power rate bonanza
by 13.9% to 60.2 TWh, primarily as a result of a reduced hydro power out in Norway. Production from wind farms rose by 10.3% to 4.3 TWh, while the output from
Mar 3, 2023 // Markets & Finance News, Statkraft
Jinko signs up with Covid-19 battle
Switzerland, South Korea, the Netherlands, Austria, Belgium, Turkey, Portugal, Norway and also the U.K. as well as would certainly not decline allures for aid from
Mar 30, 2020 // Manufacturing News, Markets & Finance News, Spain, Portugal, France, Germany, Italy, South Korea, China, United Kingdom, Europe, Asia, Switzerland, Netherlands, Belgium, Turkey, Austria, Norway, covid-19
Great opportunities for solar cells as building materials
yearly, and at the same time effectiveness boosts. What are the prospects in Norway? " It is an usual mistaken belief that we do not have sufficient sun below,
Nov 19, 2021 // BIPV, Technology, bipv, Europe, Building-integrated photovoltaics, University of Stavanger, Hassan Gholami
Norwegian Battery Startup Freyr Signs 38 GWh Battery Manage Japan's Nidec
Norway-based next generation battery designer FREYR, as well as Japan-based energy storage space system (ESS) and high-efficiency electric motors supplier, Nidec Corporation, have revealed the finalization of a broadened 38 GWh battery cell sales agreement through 2025-- 2030. The companies have also accepted develop a joint venture, in which Nidec will certainly hold a super-majority to supply integrated commercial scale ESS solutions to clients globally. Tom Einar Jensen, Chief Executive Officer, FREYR, held, "Today's landmark sales agreement inclusive of optional volumes represents approximately 50% of our targeted production from Giga Arctic by 2030. Incorporated with Nidec's count on FREYR as a joint venture companion for ESS solutions this represents a fundamentally crucial landmark to sustain the conclusion of our recurring project financing efforts at competitive terms." Under the agreement, FREYR will supply 38 GWh of cumulative clean as well as next-generation battery cells to Nidec between 2025 and 2030 from its Giga Arctic facility in Norway. Based on the projected lithium costs, subject to go through devices, the gotten volumes correspond to total projected revenues over of $3 billion for FREYR. Nidec can increase the cumulative offtake volumes to 50 GWh over the life of the agreement, which would represent as high as 50% of projected production from Giga Arctic facility of FREYR. The firms authorized an additional agreement to develop a downstream joint venture in which Nidec will certainly create, produce and also offer reduced CO2 battery components and battery pack options for commercial and also utility grade battery energy storage systems applications. The official statement of FREYR claimed that the component manufacturing is expected to be incorporated right into Giga Arctic advancement with volumes of incorporated ESS solutions straightening with the targeted increase of cell manufacturing in very first half of 2024. " The JV will certainly support the advancement of our fast-growing ESS Business. The combination of FREYR cell battery modern technology as well as Nidec modern technology will bring efficient and also economical remedies to the marketplace," stated Laurent Demortier, President of Nidec's Energy & Infrastructure Division. Jensen included, "Our growing partnership with Nidec underscores FREYR's increasing business momentum in the ESS space, and it is consistent with our calculated intent to increase both downstream as well as upstream on the battery value chain beyond cell manufacturing." FREYR Battery had lately introduced prospective advancement of commercial scale battery cell manufacturing in Vaasa, Finland, and the USA. The firm wants to set up 50 GWh of battery cell capacity by 2025 and also 100 GWh annual capacity by 2028 and 200 GWh of annual capacity by 2030. Nidec Corporation asserts to be world's largest tiny precision electric motor producer in the auto, industrial, and also home appliance markets.
Sep 1, 2022 // Storage, battery energy storage systems, Freyr, Tom Einar Jensen, ESS solutions, Giga Arctic, Laurent Demortier, next generation battery, Nidec Corporation
FREYR Battery to Supply Upto 14 GWh LFP Cells to Impact Clean Power Technology
SemiSolidTM system to Impact Clean Power Technology from 2025 to 2030. Norway-based FREYR Battery is a developer of clean, next-generation battery cell
Jan 16, 2023 // Markets & Finance News, Storage, Battery Cell, Freyr battery, Freyr, Tom Einar Jensen, Bartlomiej Kras, conditional offtake agreement, ESS products, Giga Arctic battery facility, Impact Clean Power Technology, LFP cells
Encavis, Solgrid getting 14-MW Swedish solar project
EnSol Nordc will certainly acquire ready-to-build PV projects in Sweden and Norway, safe project financing and look after their building and construction,
Nov 24, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Sweden, Europe, encavis, Solgrid
Silfab Secures US-made Wafers from NorSun's 5GW Factory
wafers for its products. NorSun, which currently operates a 1-GW factory in Norway, is raising funds to expand to 3 GW and for the 5-GW US facility. Which US
Sep 11, 2023 // Manufacturing News, USA, North America, silfab solar, NorSun
Norwegian Li-ion Battery Major Freyr Gets Govt Grant To Scale Up
Power also going a comparable method for its listing in the United States. Norway, which has the highest rate of conversion to electric lorries on the planet
Mar 4, 2021 // Storage, Europe, Norway, ReNew Power, Li-ion Battery, SPAC, EV subsidy, Freyr battery
Microsoft clinches PPAs for 900 MW of renewables for Irish data centres
demand of its Irish data centres exclusively with renewable energy by 2025. Norway-based renewables firm Statkraft A/S has clinched a 366-MW deal to provide
Nov 24, 2022 // Markets & Finance News, Microsoft
FREYR, Nidec to kick off 8-GWh battery rollout under new JV
to be incorporated into FREYR's 29-GWh Giga Arctic center in Mo i Rana, Norway, where ramp-up of cell manufacturing is scheduled for the first half of
Dec 6, 2022 // Storage, Nidec, Freyr
Aker Horizons raises USD 117m to scale up green power projects
to create green worth chains for power-intensive markets in Narvik, northern
Nov 5, 2021 // Markets & Finance News, SCOTLAND, aker horizons, Baillie Gifford
Romania's Cemacon to invest 1.05 mln euro in 455 Wp PV park
be covered by a give from Norwegian company International Development Norway. Cemacon was founded in 1969 in Zalau and also concentrated on the
Jun 28, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Europe, Romania, PV Power Plant, Cemacon