Energy company makes record investment to
The new gigafactory in Gothenburg is a joint venture between Volvo Cars and Swedish battery maker Northvolt, known as Novo Energy.
In Gothenburg, Batteryloop installed energy storage in the middle of the city's electricity grid. The company adds that the installation allowed the new Humlestaden district to contribute positively to Gothenburg “even before the district is fully developed” by supporting the local grid with power during peak hours.
In comments at the ceremony, Pourmokhtari said, 'It is a great honour to launch the largest investment in energy storage in the Nordics, with 211 MW of electricity currently connected to the grid. 'Thanks to the efforts of Ingrid Capacity and BW ESS, we are reducing grid congestion and increasing power generation.'
The Högsbo industrial area in Gothenburg is undergoing renewal with Stena Fastigheter and Ikano Bostad building a new neighbourhood called Humlestaden. 3,000 flats and community spaces will soon join the existing infrastructure and Gothenburg's grid “which faces major challenges in the face of future capacity shortages,” writes Batteryloop.
In 2035, the power needs in Gothenburg are expected to be 70% more than they are today. That's equivalent to a new Malmö [Sweden's third largest city],” said Lars Edström, CEO at Göteborg Energi Nät AB, in a press release.
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