11 October 2022

Swedish start-up Cinis to make fertiliser from Northvolt’s waste

The Swedish start-up Cinis Fertilizer will produce the world's most sustainable mineral fertiliser from the pulp industry and the production of electric car batteries. Cinis has a ten-year purchase agreement with battery manufacturer Northvolt for sodium sulphate and a ten-year sales agreement with Van Iperen International for potassium sulphate, worth approximately SEK 3.3 billion per year. The first production facility will be commissioned in Örnsköldsvik in early 2024 with an annual capacity of 100,000 tonnes of potassium sulphate. A second plant is planned near Northvolt's plant in Skelleftå. It is expected to be in operation in 2025. The third and fourth plants are planned to be operational in 2026. Now the company wants to list on the First North Growth market, for which it will receive SEK 400 million in funding for building the first factory.

Breakit

Arla to introduce a "sustainability incentive"

Dairy co-operative Arla Foods has announced that it will pay its farmers more for the milk they produce if they meet new environmental sustainability targets. The aim is to promote and finance a reduction in emissions from their farms of 30% for every kilogram of milk produced by 2030, and to reach net zero emissions by 2050. The incentive will be paid to 8,900 dairy farmers, based in the UK and six other European countries including Denmark, Sweden, and Germany, from July 2023. This marks a major shift in the co-operative's milk pricing model, linking the amount each milk producer receives to their sustainability efforts.

The Guardian Reports

Solör Bioenergi acquires energy company and increases supply to Branäsgruppen

On 30 September, Solör Bioenergi AB acquired 100% of the shares in the Swedish company Sustainable Energy Solutions from Stortorget Assets AB. The acquisition includes heating facilities in two growing ski resorts, Kungsberget in northern Sandviken and Branäs in western Värmland. The largest part of the acquisition is the ski resort in Kungsberget, which is growing and is being fully constructed for the upcoming winter season. The facility has a wood chip boiler that provides heat for the chalets, flats and commercial properties in the area, using residues from the local forestry industry which are converted into wood chips for heating. 

Press Release 

RES is building a new hydrogen production plant in Ånge 

RES has announced that it has acquired a 24 hectare industrial area in Ljungaverk, Ånge, where it is now planning to develop a new hydrogen plant in the area. Ljungaverk is a long-established industrial area, which creates good conditions for a new project, with easy access to the grid through Tovåsen and renewable energy production.

Energinyheter

What we're reading

• The time is now: the EU needs a genuine Energy Union (European Commission)
• Hydrogen fund Hy24 raises €2bn as investors seek to tap clean energy shift (Financial Times)
• Heatwaves will make regions in Africa and Asia uninhabitable within decades: UN, Red Cross (France24)

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