News
09 February 2018

Swedish Energy Agency backs Northvolt's battery production facility

In:
Renewable energy, Traditional energy
Region:
Europe

The government-backed Swedish Energy Agency is to contribute €15 million towards Northvolt's planned €4 billion lithium-ion battery production facility in Västerås. This follows an intial undisclosed investment by ABB and €10 million from both Vestas and Scania.

 

You might also like


Perspective
20 June 2025

CAF pushes the MDB hybrid envelope – but will others follow?

Latin American's CAF made headlines with its $500 million perpetual non-call 5.5-year hybrid this month. The entry of hybrid capital is the latest in a line of innovations...

Perspective
24 June 2025

Riding the gusts: Poland progresses offshore wind ambitions

Equinor and Polenergia have closed a landmark project financing for Baltyk 2&3 amid a flurry of activity in the offshore wind sector. Poland has big ambitions to establish a...