sweden

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Solar Tracker Startup Vaja Raises $3.5 Million in Seed Funding

Sweden-based Vaja has raised €3.1 million (~$3.58 million) in seed funding to support the market entry and validation of its vertical single-axis solar tracking system....

June 16, 2026

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Renu

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Finance and M&A

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Solar
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Svea Solar Utility Secures $216 Million for Solar and Storage Projects

Svea Solar Utility, an independent renewable power producer, has secured a holding company (HoldCo) financing facility of up to €185 million (~$216 million) from Eiffel...

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Lyten Acquires Battery Manufacturing Assets from Northvolt Sweden

Lyten, a lithium-sulfur battery developer, has completed the acquisition of energy storage solutions provider Northvolt’s battery business assets in Sweden, totaling...

March 3, 2026

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Renu

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Storage
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Battery Manufacturer Northvolt Files for Bankruptcy in Sweden

Sweden-headquartered battery developer and manufacturer Northvolt has filed for bankruptcy in Sweden. The company’s board of directors approved the move in an...

March 20, 2025

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Tina Freese

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Energy Storage

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Renewable Energy
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RES Sells 70 MW Battery Energy Storage Project in Sweden

RES, a U.K.-based independent renewable energy developer, announced the completion of the sale of a fully ready-to-build 70 MW/160 MWh battery energy storage project in...

March 4, 2025

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Renu

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Storage
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Alight Secures $123 Million Debt Financing for Solar Projects in Sweden

Alight, an independent solar power producer, announced the financial closure of €110 million (~$122.56 million) senior debt portfolio financing with the Dutch lender...

September 24, 2024

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Staff

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Solar
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Axpo Acquires Solar and Battery Project in Sweden

Axpo, a solar and battery storage project developer, acquired a battery and solar project in Sweden from project developer Sustainable Energy Solutions Sweden (SENS) for...

May 16, 2023

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Sohini Aich

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Solar
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EEW Sells 42 MW of Solar Project in Sweden

EEW, an independent renewable energy project developer, sold a 42 MW solar PV project in Sweden to a large Sweden-based solar and wind project developer. The project,...

March 31, 2023

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Sohini Aich

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Solar
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Swedish Firm Says Perovskite-CIGS Tandem Solar Cells Yield 24.9% Efficiency

Midsummer, a Swedish developer, in collaboration with researchers at the University of California, Los Angeles (UCLA), has developed a four-terminal perovskite-CIGS...

March 23, 2023

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Gautamee Hazarika

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Solar

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Technology
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Baseload Capital Raises $24 Million to Bolster Geothermal Energy

Baseload Capital, a Swedish climate investment fund, has raised $24 million to invest in geothermal energy. With a credit facility of $25 million secured from...

October 20, 2022

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Gourav Mishra

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Other

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Other Energy
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Finland-Based Stora Enso and Northvolt to Produce Batteries Using Renewable Wood

Taking a step further to maintain sustainability in battery production, Finland-based forest products manufacturer Stora Enso and lithium-ion battery producer Northvolt...

July 25, 2022

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Gourav Mishra

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Energy Storage

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Technology
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Researchers Develop Technology to Store, Convert Solar Energy to Electricity on Demand

The researchers at Chalmer’s University of Technology, Sweden, have developed a solution-and-neat-film-based Molecular Solar Thermal energy storage system (MOST) to...

April 19, 2022

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Gourav Mishra

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Energy Storage

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Technology
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Sweden’s Rooftop Solar Installer Soltech Acquires Major Stake in a Roofing Company

Soltech Energy Sweden AB (Soltech), a rooftop solar solutions provider, acquired 90.1% in roofing company Wettergrens Tak & Plåtslageri AB (Wettergrens). The...

September 2, 2021

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Staff

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Finance and M&A

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Solar
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Lithium-Ion Battery Maker Northvolt Raises $2.75 Billion to Finance Expansion Plans

Sweden-based lithium-ion battery manufacturer Northvolt has signed a $2.75 billion private placement to finance its battery cell production expansion and research and...

June 14, 2021

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Rahul Nair

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Finance and M&A

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Other
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City of Gothenburg in Sweden to Develop the First Zero-Emission Zone in the World

The City of Gothenburg in Sweden is on its way to developing the world’s first green city zone. The Gothenburg Green City Zone is an initiative launched by various...

January 17, 2021

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Rakesh Ranjan

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Other

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Renewable Energy

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