The Swedish innovation company TEXEL Energy has entered into collaboration with the American electric car manufacturer Triton to accelerate the development of the next generation of hybrid drivelines for electric trucks, including Triton’s semi-truck. With the help of TEXEL’s new hybrid technology which stores and produces energy by using lithium batteries and hydrogen fuel cells, the two parties aim to meet the demand for a circular future and stop the consumption of the earth’s resources.
Volvo Trucks has announced that it is set to open its first factory for assembling batteries in Ghent, Belgium. The factory will supply ready-made battery packs for Volvo’s all-electric heavy trucks, including Volvo FH, Volvo FM and Volvo FMX. Each battery has a capacity of 90 kWh and the customer will be given the possibility of storing up to 6 battery packs (540 kWh) per truck. Production of the batteries will begin in 3Q22.
The two Swedish companies Nilar and Enequi have entered into a strategic partnership for the development of customised solutions for energy storage in the European market. At the same time, Enequi has signed an initial purchase agreement for 800 batteries from Nilar, including the associated battery system (BMS), to 100 units of Enequi’s warehouse QuiPower Storage. The batteries, which will be equipped with Nilar’s oxygen replenishment technology, are planned to be delivered during 3Q22. In total, the batteries will have a capacity of 1.15 MWh and an order value of SEK 10 million.
Neste has, together with its partner Nordic Marine Oil, launched the new marine fuel Neste Marine™ 0.1 Co-processed on the Scandinavian market. The new marine fuel is able to reduce up to 80% of the GHG during its life cycle compared to fossil fuels, without deteriorating the quality or performance of the product. Neste’s refinery in Borgå, Finland, will produce the marine fuel.
Metacon and the German green tech distributor Brennstoffzelle4home GmbH (B4H) have signed a MoU for the distribution and sale of Metacon’s Combined Heat and Power (CHP) unit H2PS-5 on the German market. As soon as the product has received certification for the German market, Metacon and B4H will begin to collaborate on sales, installation, service and aftermarket sales in Germany. However, Metacon has already received its first order for 5 H2PS-5 units for B4H’s customers.
After the inauguration on 17 May, Vind AX’s new wind farm Långnab is ready for a phased start of its energy production. The ten wind turbines, which are located on Åland, will begin to produce approximately 135 GWh of electricity per year and reach a total capacity of 4.2 MW. The capacity corresponds to the consumption of 10,000 households and increases the share of wind power in Åland’s energy production to 65%. In order to support the green transition in Finland, Nordea granted Vind AX’s financial support for the project.
The Nordic countries are some of the most dynamic and successful economies in the world. They are also leaders in sustainability, from renewable energy, biofuels, carbon capture and storage and the hydrogen economy, circular economy business models and battery development, the Nordics are pioneers in policy design, technology development and consumer uptake. Mundus Nordic Green News is covering this transition for the international community. Every day we curate the stories of most relevance to international businesspeople and policy experts from the flow of news. Mundus Nordic Green Indices summarise the meta-data from our daily coverage to enable easy tracking of trends. We supplement these with our own opinion pieces and commentary.