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The Swedish energy storage systems manufacturer, Polarium, has raised 500 million Swedish kronor ($49 million) through convertible preference shares to support its turnaround strategy. This financing primarily comes from its existing shareholders, including Vargas Holding, and aims to stabilize the company’s financial situation while supporting its growth prospects.
The Swedish energy storage systems manufacturer, Polarium, has raised 500 million Swedish kronor ($49 million) through convertible preference shares to support its turnaround strategy. This financing primarily comes from its existing shareholders, including Vargas Holding, and aims to stabilize the company’s financial situation while supporting its growth prospects.
Belgium is pushing the European Union to adopt a coordinated ban on imports of Russian liquefied natural gas (LNG), arguing for a legal basis to speed up the phase-out of fossil fuels from Russia.
Belgium is pushing the European Union to adopt a coordinated ban on imports of Russian liquefied natural gas (LNG), arguing for a legal basis to speed up the phase-out of fossil fuels from Russia.
Sweden, despite its considerable offshore wind energy potential, is struggling to structure the development of its projects. The lack of financial support and strategic planning is slowing down the implementation of installations.
Sweden, despite its considerable offshore wind energy potential, is struggling to structure the development of its projects. The lack of financial support and strategic planning is slowing down the implementation of installations.
Nuclear power development requires hybrid financial models to overcome cost and investment obstacles. Industry players are exploring innovative strategies to secure the financing needed for this key sector.
Nuclear power development requires hybrid financial models to overcome cost and investment obstacles. Industry players are exploring innovative strategies to secure the financing needed for this key sector.
Nuclear-friendly countries are calling on financial institutions and development banks to finance nuclear infrastructure and develop small modular reactors.
Nuclear-friendly countries are calling on financial institutions and development banks to finance nuclear infrastructure and develop small modular reactors.
Fourteen major financial institutions have pledged to support the global expansion of nuclear power to triple its capacity by 2050, marking a key step in the energy transition.
Fourteen major financial institutions have pledged to support the global expansion of nuclear power to triple its capacity by 2050, marking a key step in the energy transition.
Sweden calls for stronger European support for nuclear power, aiming for a 2.5 GW expansion by 2035 and a doubling of production by 2045.
Sweden calls for stronger European support for nuclear power, aiming for a 2.5 GW expansion by 2035 and a doubling of production by 2045.
In Paris, some 15 pro-nuclear countries are meeting to discuss the revival of atomic energy. The OECD-sponsored conference aims to explore concrete solutions for achieving global climate goals.
In Paris, some 15 pro-nuclear countries are meeting to discuss the revival of atomic energy. The OECD-sponsored conference aims to explore concrete solutions for achieving global climate goals.
Norway stands out for its lead in automotive electrification, with over 754,000 electric vehicles registered. This historic turning point raises questions about the sustainability of this transition and the challenges ahead to maintain this momentum.
Norway stands out for its lead in automotive electrification, with over 754,000 electric vehicles registered. This historic turning point raises questions about the sustainability of this transition and the challenges ahead to maintain this momentum.
The debate over the taxation of Chinese electric cars is intensifying, with growing tensions between the European Union and China. Key players are calling for a negotiated solution to avoid a trade war harmful to both economies.
The debate over the taxation of Chinese electric cars is intensifying, with growing tensions between the European Union and China. Key players are calling for a negotiated solution to avoid a trade war harmful to both economies.

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