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ARTICLES TAGGED WITH "Volvo"

Volvo's new energy park in Mariestad could become its own business ecosystem

Sweden Sweden — Volvo is planning one of Sweden's largest battery parks in Mariestad with 70 MW of power and 260 MWh of storage capacity. But the batteries are just the beginning. According to the Volvo Group's press officer Claes Eliasson, the ambition is to gradually build a commercial energy platform with, among other things, charging, hydrogen, solar and wind power and solutions for circular battery management. ”This is not something we will implement completely on our own,” he says, opening up for partners in several parts of the initiative.

Volvo Group announces energy park initiative as next step in Mariestad

Sweden Sweden — Volvo Group announces next step in the Mariestad expansion process with plans for an energy park near the intended battery cell production site. The energy park will be developed along two parallel tracks: a large-scale battery storage facility and a future test bed for innovative energy solutions. Initially, the park is expected to provide approximately 70 MW/260 MWh of battery storage capacity, making it one of the largest energy parks in Sweden. The battery storage facility will support grid stability in the region, while the future test bed will enable the development and testing of new energy solutions. Together, the two tracks will contribute to the transition towards a more sustainable and resilient energy system.

Peab to Build for Volvo

Sweden Sweden — Peab has been commissioned to build a new workshop facility and offices in Bäckebol in Gothenburg. The customer is Volvo Lastvagnar Sverige AB and the contract is worth SEK 248 million.

Volvo Builds New Paint Shop in Gothenburg

Sweden Sweden — Volvo Cars to reduce energy consumption and emissions with new multi-billion SEK paint shop at Torslanda plant.

Here's Volvo’s Giant Venture in Gothenburg

Sweden Sweden — Volvo’s giant project Campus Lundby, Gothenburg, is closing in. The new plan proposal enables 670,000 square meters BTA.

Volvo Divests Property Portfolio for EUR 279M

Sweden Sweden — The Volvo Group has signed an agreement regarding the sale of properties in Gothenburg, Sweden. The transaction price amounts to SEK 2.7 bn (EUR 279M) on a debt free basis and the divestment results in a capital gain of SEK 1.4 bn (EUR 145M), which is expected to impact Volvo’s operating income by the corresponding amount in the fourth quarter of 2016.