A world-leading city on solutions in climate
Of the many green investment areas in Oslo, renewable energy has proved to be particularly fruitful. Companies such as Otovo, which is a leading marketplace for solar cells and batteries in the European market, and
How to Invest in Energy Storage 2023 | The Financial Star
An energy storage exchange-traded fund (ETF) is an investment vehicle that offers investors the opportunity to invest in a diversified portfolio of energy storage companies. Energy storage
Oslo-based Otovo bags €40 million to upscale its
Otovo, a leading residential solar self-consumption and battery storage company, has completed a €40 million capital raising. The round was led by existing investors Å Energy, Axel Johnson Group and Nysnø (Norwegian
Norway''s maturing battery industry embraces green energy storage
After setting impressive EV battery records, Norway has turned its focus to an even larger market: batteries for stationary energy storage - a market expected to reach EUR 57 billion by 2030.
Norway''s maturing battery industry embraces green energy storage
Today Norway has not one, but two huge battery markets. "There are two market drivers for batteries: EVs and stationary energy storage. Energy storage is coming on strong now. It''s the
Powering your clean energy transition | ENERGYNEST
ENERGYNEST''s renewable storage technology captures power, heat or steam and repurposes it as on-demand clean energy: maximizing your energy flexibility, security and decarbonization. Our ThermalBattery™ delivers attractive returns
The City of Oslo ensures realisation of carbon capture and storage
The waste-to-energy plant at Klemetsrud is currently responsible for 17 per cent of the city''s emissions, and is the biggest single emitter of CO2 in Oslo. From 2026, up to
What Companies Focus on Energy Storage | The Financial Star
The company''s subsidiary, NextEra Energy Resources, operates more than 160 energy storage projects across the United States, including the largest solar-plus-storage project in the world.
ECO STOR repurposes used EV batteries for energy
Two recent commercial projects of note are a 150kWh-capacity battery solution for Skipet in Bergen, an office building made of wood, and a 150kWh storage system for Holmlia School in Oslo. Both buildings are
Renewable energy
Additionally, Norfund invests in enabling technologies that have a significant climate impact such as energy storage and transmission. We will continue to increase Norfund''s portfolio in renewable power generation in our target
Shell, Equinor, TotalEnergies open Norwegian CO2
OSLO, Sept 26 (Reuters) - Shell (SHEL.L), Equinor (EQNR.OL) and TotalEnergies (TTEF.PA) said on Thursday their carbon dioxide (CO2) storage project on Norway''s west coast is now completed and...
3 FAQs about [Oslo companies investing in energy storage]
How much CO2 does Oslo emit a year?
The waste-to-energy plant at Klemetsrud is currently responsible for 17 per cent of the city’s emissions, and is the biggest single emitter of CO2 in Oslo. From 2026, up to 400,000 tonnes of CO2 will be captured each year. This corresponds to the annual emissions from 200,000 cars.
Will Hafslund eco get a loan from Oslo?
The City of Oslo is pledging an existing shareholder loan to Hafslund Eco as collateral so that the company can borrow up to NOK 2.1 billion to fund the municipality’s share of the project. “In future, it will be more expensive to pollute.
Is Norway a good place to buy EV batteries?
An early adopter of electric transport, Norway continues to capture EV battery headlines. Electric cars now account for 79 per cent of new cars sold in Norway, and the MS Medstraum was recently launched as the world’s first electric fast ferry. In a global report on lithium-ion batteries, Norway ranked first in sustainability.