News and press releases

The innovation competition Sustainable Mobility Challenge is now launched to find sustainable everyday travel services that are so attractive that the need for privately-owned cars is reduced. The competition is organised by the Swedish Energy Agency and is one of a number of initiatives aimed at reducing carbon emissions and helping to bring about a fossil-free transport sector at the latest by 2045.

Today, there are three Cleantech hubs, in San Francisco, London and Shanghai. Now another hub is being launched in New York, in collaboration with the Swedish-American Chamber of Commerce in New York. The new hub will be a part of Gateway - an innovation platform and physical meeting place in New York for Swedish and American growth companies and international corporations.

The Swedish Energy Agency has granted C-Green Technology AB nearly SEK 22.7 million to build a full-scale plant that converts industrial biosludge into biofuel. The project will be carried out in cooperation with StoraEnso in Finland. Approximately 13 GWh renewable biofuel will be produced annually, at the same time as the mill's greenhouse gas emissions will be reduced by the equivalent of 7.000 tons of CO2 per year.

The winning contribution in yesterdays competition comes from the company Altered. The energy innovation is a tap mounted on faucets and turns the water into a dense fog. Up to 98 percent of water consumption can be reduced with this innovation.

What is our next major global energy innovation? It is very possible that it is among the ten specially selected cleantech start-up companies that compete in the Cleantech Open in Malmö today. More than 500 participants have signed up for the event and we hope to see the start of many business-to-investor relationships.