Sweden

Vattenfall Issues its First Green Bond Worth EUR 500 Mn

In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. The size of the bond issue is EUR 500 million, with […]

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Fortum and Skellefteå Kraft Restructure Stakes in 2 Swedish Wind Farms

Fortum and Skellefteå Kraft are to restructure their ownership in the two jointly owned Swedish wind parks Solberg and Blaiken. Through the proposed asset swap arrangement Fortum would become the sole owner of the 76-megawatt (MW) Solberg wind park and Skellefteå Kraft the sole owner of the 248-MW Blaiken wind park. Currently, Fortum owns 50% […]

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Hanergy Showcases Solar PV Solutions at Intersolar Europe

Chinese solar panel manufacturer, Hanergy Thin Film Power Group, recently exhibited its latest energy solutions at the 27th Intersolar Europe Exhibition, showcasing its most promising solar solutions. Amongst the exhibits from Hanergy were – HanPaper Plus in, a portable solar power-bank product; HanPack, the solar backpack; and Humbrella, the solar-powered parasol, in consumer products category; […]

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Vattenfall to Source 300 MW Power From Largest Onshore Wind Farm in Netherlands

Largest Dutch onshore wind farm to provide a quarter million Vattenfall customers with renewable energy Swedish state-owned power company, Vattenfall has signed a long-term purchasing agreement for renewable electricity from the new upgraded Zeewolde wind farm in the Netherlands. The repowering work to exchange the existing wind turbines by more powerful turbines will be initiated […]

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Sweden Comes Out on Top in IEA’s Energy Transition Country Review

Sweden is a global leader in building a low-carbon economy, with the lowest share of fossil fuels in its primary energy supply among all IEA member countries, and the second-lowest carbon-intensive economy. Sweden has been successful in its energy transformation through market-based policies that focus on energy efficiency and renewable energy, notably CO2 taxation, which has […]

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Amazon Announces 3 New Wind Projects for Powering Web Services

Amazon has committed three new renewable energy projects as part of its long-term goal to power all Amazon Web Services (AWS) global infrastructure with renewable energy. Online retail giant Amazon announced three new renewable energy projects as part of its long-term goal to power all Amazon Web Services (AWS) global infrastructure with renewable energy. Three […]

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11 EU Countries Ahead of Their 2020 RE Targets: Eurostat

11 have already reached the level required to meet their national 2020 targets and moreover, 2 countries are around 1 percentage point away from their 2020 targets. The latest data report by Eurostat, the statistical office of the European Union, released yesterday shows that the European Union produced about 17.5 % of its power needs from […]

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Fortum to Install Sweden’s Biggest Battery to Support Grid Stability

Over the past two years Fortum has tested a similar concept at its combined heat and power plant in Järvenpää. With a storage capacity of 6.2 megawatt-hours, Fortum will install Sweden’s biggest battery till date at Forshuvud hydropower plant. The battery system’s output is 5MW and the total cost of the system is approximately EUR […]

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Ikea’s Hyderabad Store to use Solar-powered Rickshaws for Delivery

The solar powered auto rickshaws will be run by electric motors which will source energy from batteries which will be charged at the Ikea’s solar facility fitted with around 4,000 rooftop solar panels. Excess energy will be used by the store inside. Sweden based MNC furniture and home accessories company, Ikea has opened its store […]

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