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Swedish financier backs green industry projects by H2 Green Steel and battery producer Northvolt, says there's no commercial risk if 60% of H2GS's production is sold to top steel buyers within seven years; firms' orders amount to SEK 720B

Swedish battery producer Northvolt to open C$5.2B gigafactory near Montreal, Quebec, called Northvolt Six with 30 GWh of lithium-ion battery production capacity in first phase; construction to start this year and is expected to be operational in 2026

Hydrovolt--a battery recycling JV of Hydro, Northvolt--secures US$1.43M from Enova to develop new technology for discharging, dismantling EV batteries at Fredrikstad, Norway, facility; technology to harness remaining energy in batteries for reuse

Northvolt delays Borlange, Sweden, battery factory launch to 2026-2027 due to strategic shift; production of cylindrical cells moved to Heide, Germany, with Borlänge plant focusing on production of active materials

Swedish EV battery maker Northvolt considers Canada for potential EV battery gigafactory; company has US$55B in battery contracts with automakers like VW and Volvo

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