Sweden

Alfa Laval strengthens its partnership with EDF for six new EPR2 reactors

Alfa Laval extends its cooperation with EDF to supply heat exchangers for EPR2 projects across three nuclear sites, reinforcing its position in the French nuclear sector.

International Petroleum accelerates Blackrod and completes USD 450mn bond refinancing

International Petroleum Corporation exceeded its operational targets in the third quarter, strengthened its financial position and brought forward production from its Blackrod project in Canada.

Vattenfall raises operating profit to SEK21.47mn amid nuclear repositioning

Swedish group Vattenfall improves its underlying operating result despite the end of exceptional effects, supported by nuclear and trading activities, in a context of strategic adjustment on European markets.
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Carbon removal investments hit $1 billion despite high operating costs

The carbon removal technology sector is expanding rapidly, backed by venture capital and industrial projects, yet high costs remain a significant barrier to scaling.

Italian court approves extradition of Ukrainian suspect in Nord Stream case

An Italian appeal court has approved the extradition to Germany of a former Ukrainian commander suspected of coordinating the 2022 sabotage of the Nord Stream gas pipeline, a decision now challenged in cassation.

Liquid Wind and Umeå Energi launch 100,000-tonne eFuel plant in Sweden

The two partners finalise agreements to industrialise an eMethanol production site in Umeå, with commissioning scheduled for 2028 and a target of capturing 150,000 tonnes of CO₂ annually.
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Finland leads race to host first Nordic fusion reactor, report finds

A technical study commissioned by Novatron Fusion Group identifies Finland as the most prepared country to host a fusion reactor, despite favourable conditions across the Nordic region.

Oklo and newcleo announce $2bn nuclear partnership to strengthen US fuel supply

Oklo, newcleo and Blykalla partner to develop advanced nuclear fuel infrastructure in the United States, backed by a planned $2bn investment.

Minesto strengthens presence in South Korea with official Swedish delegation

Swedish ocean energy developer Minesto joined a high-level trade mission to South Korea to explore new cooperation opportunities in marine energy.
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Lyten restarts BESS production in Gdańsk after acquiring Northvolt facility

Lyten has completed the acquisition of the Northvolt Dwa site in Poland, Europe’s largest energy storage system factory, and plans to deliver its first commercial units before the end of 2025.

Metacon acquires assets from Hynion Sweden to boost hydrogen projects

Metacon acquired components from the bankruptcy estate of Hynion Sverige AB for SEK3.5mn ($320,000), aiming to support its hydrogen refuelling station projects in Sweden.

Liquid Wind secures €3.6mn for its eFuel project in Örnsköldsvik

Swedish company Liquid Wind has secured €3.6mn in public funding for the engineering phase of its eMethanol plant, integrated into a biomass-fuelled cogeneration site.
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GVH and Samsung C&T seal global alliance for BWRX-300 reactors

GVH and Samsung C&T join forces to accelerate international deployment of BWRX-300 small modular reactors, with a strong focus on Sweden and the consolidation of the nuclear supply chain.

Wood Mackenzie: the UK can double North Sea reserves without breaching climate limits

An analysis by Wood Mackenzie shows that expanding UK oil and gas production would reduce costs and emissions while remaining within international climate targets.

Sweden prepares compensation framework to secure nuclear investments

The Swedish government aims to establish a right to compensation for operators if a political reversal leads to the early shutdown of nuclear plants, in a move to reduce investment risks.
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Metacon finalises EUR7.1mn hydrogen contract with Elektra in Romania

Swedish firm Metacon has secured a EUR7.1mn ($7.7mn) contract to deliver a 7.5 MW electrolysis plant to Elektra Power SRL, marking its operational entry into the Romanian market.

Statkraft sells its district heating business for NOK3.6bn to Nordic consortium

Statkraft continues its strategic shift by selling its district heating unit to Patrizia SE and Nordic Infrastructure AG for NOK3.6bn ($331mn). The deal will free up capital for hydropower, wind, solar and battery investments.

Vattenfall files application for 2.9GW onshore wind farm in Sweden

The Swedish energy group aims to produce 9TWh per year with its Storlandet project, intended to meet rising demand from the mining and steel industries in the north of the country.
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International Petroleum completes buyback of 7.46 million common shares

International Petroleum Corporation has completed its annual common share repurchase programme, reducing its share capital by 6.2% and is planning a renewal in December, pending regulatory approval.

Oklo and Blykalla form transatlantic alliance on modular reactor development

US-based Oklo and Sweden’s Blykalla join forces to coordinate supply chains and regulatory data sharing to accelerate the commercial deployment of their metal-cooled small modular reactors.

FlagshipONE approved by Ørsted

FlagshipONE, in Örnsköldsvi, Sweden receives final investment approval (FID) from Ørsted's board of directors.

Alfa Laval secures hydrogen transport

Alfa Laval announces the signature of a Memorandum of Understanding with Shell for the development of a Gas Combustion Unit (GCU).

Alfa Laval to provide technology to CVR Energy

Alfa Laval, a Swedish supplier of sustainable solutions, announces an agreement with a subsidiary of the American company CVR Energy.
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Hultsfred from Neoen and Alight will power H&M

Hultsfred, a solar park in Sweden, co-developed and co-owned by Neoen and Alight, will supply electricity to H&M.

EDF and Fortum join forces in Scandinavia

EDF and Fortum sign a framework cooperation agreement for the deployment of nuclear reactors in Sweden and Finland.

SeaSapphire: floating wind power in the Baltic Sea

SeaSapphire, a joint venture managed by Eolus and Simply Blue Group, is developing floating offshore wind in the Baltic Sea.
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Aquila Capital invests in Swedish wind power

Aquila Capital is advising a Swiss investment foundation on the acquisition of an operating onshore wind farm in Sweden.

Nordic countries: forerunners of the energy transition

The Nordic countries have long been considered pioneers in the field of renewable energy.

Kingebol inaugurated in Sweden

Kingebol, European Energy, has just completed the construction of this onshore wind farm in the municipality of Åmål, Sweden.
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Riberget, a wind power project for 2024

Riberget, a wind power project located in the municipality of Ljusdal, Sweden, will benefit from the Siemens Gamesa 5.X platform.

In Sweden, OX2 sells 49% of three wind projects

In Sweden, OX2 announces the signature of an agreement with Ingka Investments for the sale of 49% of three offshore wind projects.

In Sweden, DIF invests in Alight

In Sweden, DIF announced that it is acquiring a majority stake in the leading Nordic solar developer Alight.
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Lhyfe to produce hydrogen in Härjedalen

The municipality of Härjedalen in Sweden and the company Lhyfe will soon study the conditions for the production of renewable hydrogen.

Vattenfall Resists the Crisis

Vattenfall announces a third quarter 2022 characterized by market turbulence and winter uncertainty.

H2 Green Steel Supported by the EIB

H2 Green Steel's €3.5 billion loan is backed by the European Investment Bank and the Swedish National Board.
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Fortum plans to build small nuclear reactors in Sweden and Finland

In the midst of the debate on Europe's energy future, Finnish energy company Fortum said Monday it was considering building small nuclear reactors, including small modular reactors known as SMRs, in Finland and Sweden.

Borealis and Axpo sign a PPA

Borealis and Axpo Nordic sign a power purchase agreement (PPA) for 130,000MWh of wind power per year.

Sweden: Towards a New Government Supported by the Far Right and a Relaunch of Nuclear Power

With the unprecedented support of the far right, the Swedish right has announced a government that intends to revive nuclear energy.
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After 12 Years of Delay, the Finnish EPR Launched in the Midst of an Energy Crisis

Twelve years late, the Olkiluoto EPR nuclear reactor in Finland is coming to full power just before a winter.

RES and Modvion Modernize Wind Turbines

RES and Modvion start a new collaboration to equip future wind farms with wooden towers.