Wood technology company Modvion successfully raises 125 million SEK

Swedish wood technology company Modvion has raised 125 million SEK to take its wooden wind turbine towers to the market. Leading global wind turbine manufacturer Vestas, Almi Invest Greentech, the European Commission’s EIC Fund, Course Corrected VC and Symbia VC invested in this round. To fight climate change, we need more renewable energy, and increased […]

Modvion tar in 125 miljoner kronor i nytt kapital

Det svenska träteknologiföretaget Modvion har tagit in 125 miljoner kronor i en ny investeringsrunda. Kapitalet tas in inför den kommersiella lanseringen av Modvions vindkraftstorn i trä. Bland investerarna finns den ledande tillverkaren av vindkraftverk Vestas, Almi Invest Greentech, EU-kommissionens EIC Fund, Course Corrected VC och Symbia VC. För att möta klimatkrisen behövs både mer förnybar […]

Cellfion and Ionautics team up

Cellfion and Ionauticsteam up for a project focusing on evaluating the combination of Ionautics nanostructured materials and Cellfions bio based membrane. One of the main goals is the creation of an integrated membrane-electrode assembly that is optimized to maximize efficiency and stability over time in PEM electrolysis.The project worth is 8 MSEK and will be […]

Calcibus will investigate its catalyst for use in electrolyzer

Celcibus has been awarded financial support in the total amount of 80 kEUR from Energimyndigheten (The Swedish Energy Agency) and Vinnova (The Swedish Innovation Agency) for two separate projects to investigate the viability and manufacturability respectively of its catalyst for an electrolyser application. The projects will run through the end of 2023.

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 […]