Originally published: January 2025
Following our recent radio appearance, we’re happy to share that Cleantech for Nordics is highlighted in the latest BBC News article on Sweden’s green industry and Northvolt’s recent challenges. While the struggles of one company are making headlines, it’s important to remember that one company can’t set the narrative for the entire region or sector. The bigger picture shows that cleantech innovation remains strong, and the Nordics continue to remain a global leader.
Key takeaways:
🌍 Green innovation is resilient. Over 200 cleantech investments were made in Sweden in 2023, highlighting a thriving ecosystem.
🏆 Sweden punches above its weight. 74% of venture funding in Sweden supports impact-driven startups—more than double the European average.
⚡ Renewable energy leads the way. Northern Sweden boasts unparalleled renewable resources and competitive energy prices, drawing global players to the region.
Now, more than ever, collaboration between the public and private sectors is critical to maintaining the Nordics’ leadership in the global green transition. To ensure continued growth, we need a clear, green industrial policy to make it easier for businesses and investors to bet on climate.