29/07/2020 (Agence Europe) – After initial financing in 2018 of 52.5 million euros (see EUROPE B11960A10), the European Investment Bank (EIB) announced on 29 July that they had awarded new financing of 300 million euros to the Swedish company Northvolt Ett based in northern Sweden, for the first ‘giga-plant’ to manufacture lithium-ion batteries. The region’s clean energy base will enable Northvolt to use 100% renewable energy in its production processes. The funding is supported by...