Tag Archives: Northvolt

European Investment Bank Group Records Historic €2.91 Billion Financing for Swedish Projects in 2023

(IN BRIEF) In 2023, the European Investment Bank Group (EIB Group) provided a record-breaking €2.91 billion in financing for 32 projects in Sweden. The majority of funding (76.7%) was allocated to climate action and environmental sustainability initiatives, with notable support … Read the full press release

Celebrating Sustainability: EIB Invests Over $1 Billion in Northvolt’s Gigafactory Expansion

(IN BRIEF) The European Investment Bank (EIB) is set to provide a substantial lending package of slightly over $1.038 billion (€942.6 million) to support the expansion of Northvolt’s gigafactory in Skellefteå, Sweden. This financing is a crucial component of a … Read the full press release

NIB Grants USD 97.3 Million Loan to Northvolt for Lithium-Ion Battery Manufacturing and Recycling Facility in Sweden

(IN BRIEF) The Nordic Investment Bank (NIB) has provided a USD 97.3 million (EUR 88.30 million) loan to Northvolt Ett AB, as part of a consortium, for the establishment of an integrated lithium-ion battery manufacturing and recycling facility in Skellefteå, … Read the full press release

Scania Introduces High-Range Battery-Electric Bus Platform with Over 500 km Range

(IN BRIEF) Scania has unveiled its new battery-electric bus platform at Busworld, featuring low-entry 4×2 buses equipped with sustainably sourced and built batteries with an impressive energy storage capacity of up to 520 kWh. Developed specifically for heavy commercial vehicles, … Read the full press release

Stora Enso to update on its key strategic growth areas: Renewable Packaging, Building Solutions and Biomaterials Innovations at its Capital Markets Day

(PRESS RELEASE) HELSINKI, 13-Sep-2022 — /EuropaWire/ — Stora Enso (HEL: STERV), a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper, has announced it will hold its virtual Capital Markets Day (CMD) on 13 September 2022. The … Read the full press release

Stora Enso informiert auf seinem Capital Markets Day über seine wichtigsten strategischen Wachstumsbereiche: Renewable Packaging, Building Solutions und Biomaterials Innovations

(PRESSEMITTEILUNG) HELSINKI, 13-Sep-2022 — /EuropaWire/ — Stora Enso (HEL: STERV), ein führender Anbieter von erneuerbaren Lösungen für Verpackungen, Biomaterialien, Holzkonstruktionen und Papier, hat angekündigt, dass es seinen virtuellen Capital Markets Day (CMD) abhalten wird. am 13. September 2022. Das Unternehmen … Read the full press release

EIT InnoEnergy welcomes Volkswagen as its new shareholder

(PRESS RELEASE) BERLIN, 3-Nov-2021 — /EuropaWire/ — Volkswagen AG (ETR: VOW3), one of the world’s leading manufacturers of automobiles and commercial vehicles, has announced it will become a new shareholder of EIT InnoEnergy, the world’s leading innovation engine for sustainable energy. … Read the full press release

Hydro and Northvolt joint venture Hydrovolt starts building Norway’s first recycling plant for electric vehicle batteries

(PRESS RELEASE) OSLO, 29-Jan-2021 — /EuropaWire/ — Norwegian aluminium and renewable energy company Hydro announces that Hydrovolt, its joint venture with Northvolt, has started constructing the battery recycling plant in Norway. The world’s most technologically advanced plant will have the … Read the full press release

Hydro Volt pilot recycling plant for used electric car batteries receives support from Enova

(PRESS RELEASE) OSLO, 10-Nov-2020 — /EuropaWire/ — Hydro announces that its joint venture with Northvolt for planned pilot plant for recycling used electric car batteries from the Norwegian car market will receive more than 4 million EUR (NOK 43.5 million) … Read the full press release

Siemens and Northvolt team up to produce high-quality, green lithium-ion batteries

Siemens to offer Northvolt its Digital Enterprise portfolio that enables the digitization of the entire value chain – from the design of the battery cell to production and services Siemens will support the technology partnership through an investment of EUR … Read the full press release