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Northvolt $2 75 billion capital raise another milestone in industrial ramp up to achieve European Green Deal, says EIT InnoEnergy

Share this article Share this article EINDHOVEN, Netherlands, June 9, 2021 /PRNewswire/ The $2.75 billion raised in equity enables Northvolt s expansion plan leading up to and beyond 150 GWh of deployed annual production capacity in Europe by 2030, and is a key milestone in Europe s industrial ramp up to achieve the European Green Deal objectives, EIT InnoEnergy has said today.   Responding to the need to increase annual battery production to meet growing demand for electrification, new capital from existing shareholders including EIT InnoEnergy, and new shareholders Sweden s AP 1-4 pension funds and Canada s OMERS, brings the total financing, in both equity and debt, raised by Northvolt to $6.5 billion.

Valenciaport installs a pioneering system of solar panels that can be walked on

How Israeli startups made a splash in Europe

With its huge market, geographical proximity to Israel and similar time zones making it easy to get foothold on the continent, it should come as no surprise that there are reportedly 24,223 Europeans now employed by Israeli tech firms

New Trinity College Dublin centre seeks to unlock new bioactives for next-gen nutraceuticals

Trinity College Dublin (TCD) are to dedicate facilities to identify new bioactives from macro and microalgae, cereals, bioactive herbs and plant sources to create supplements and cosmetic applications. The new Trinity Centre for Natural Products Research or NatPro will be based at the University’s School of Pharmacy and Pharmaceutical Sciences and will look to partner with industries in order to discover these products. “The tide is rising in the Natural Product sectors globally and in Ireland,”​ says Professor Helen Sheridan, NatPro Founder and Academic Director at Trinity College. “We at NatPro are excited to use a creative scientific lens to lead the pursuit of innovation in this sector. ​

ProVeg Incubator seeks plant-based start-ups for investment

ProVeg Incubator seeks plant-based start-ups for investment
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