Liquid Wind announces full ownership transition to Ørsted of FlagshipONE, the largest green electrofuels project in Europe
Liquid Wind today announces that Ørsted will acquire full ownership of FlagshipONE, the Swedish green electrofuel plant previously co-owned by Liquid Wind and Ørsted. Located in Örnsköldsvik, FlagshipONE is Europe’s largest green electrofuel facility that has reached a final investment decision. Global shipping accounts for around 3 % of global emissions. Once FlagshipONE enters operations in 2025, […]
Mine Storage and Mälarenergi strengthens their collaboration
After an initial collaboration to verify the mine storage solution with electricity storage and production based on pumped storage in closed mines, Mine Storage and Mälarenergi are now proceeding with in-depth feasibility studies regarding several possible facilities in Bergslagen. Mine Storages can provide opportunities for both ancillary services and for electricity trading. On 10th of November […]
Grid-scale storage is imperative in the future energy system
If Sweden is to have a stable electricity supply in the future, we need to invest in both short-term and long-term energy storage – even if we keep or even increase the nuclear power production. This is evident from a new study produced on behalf of the industry organization Power Circle and the energy storage […]
RES and Modvion enter a new collaboration to bring wooden towers to future wind parks
RES, the world’s largest independent renewable energy company, has signed a letter of intent to include Modvion’s wooden wind turbine towers in future wind energy projects. The agreement, signed with RES, will ensure that RES wind farms become some of the most sustainable in the world. The agreement outlines a future order of Modvion towers worth approximately […]
Finnish deep tech fund Voima Ventures is making its first investment in Sweden
Based in Helsinki to help founders accelerate the growth of deep technology ventures to global markets, Voima Ventures joins the €1.3M (14 million SEK) seed investment round of Cellfion, a Swedish cleantech startup paving the way towards a sustainable energy transition through the commercialization of bio-based membranes. The round also saw participation from Almi Invest […]