The Investment Management Corporation of Ontario (IMCO) has bought convertible notes worth US$400 million in European lithium-ion gigafactory firm Northvolt.
A senior executive from the power solutions arm of manufacturing firm Volvo Group, Volvo Penta, talked Energy-Storage.news through its recent entry into the BESS market.
The battery manager for Sweden-based Stena Recycling Group discussed the firm’s approach to the battery market and reusing batteries for second life in an exclusive interview with Energy-Storage.news.
Renewable energy firm RES and battery storage developer SCR have partnered to deploy another grid-scale battery storage project in Sweden, this time totalling 17MW.
European lithium-ion gigafactory firm Northvolt has completed construction of its energy storage system (ESS) production facility in Poland and expects to start production by the end of 2023.
Switzerland-based renewable energy firm Axpo has acquired its second energy storage development in Sweden, a co-located project with 25MW of energy storage.
Soltech Energy Solutions is installing a 12MW/12MWh battery storage unit in Sweden for municipal energy firm Nybro Energi, set to come online before the end of the year.
Switzerland’s largest energy firm Axpo has entered the battery storage market in Sweden, buying a project from developers RES and SCR set to come online in 2024.