Better spin in the wind industry as first quarter investment decisions show glimmers of light in Sweden

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Better spin in the wind industry as first quarter investment decisions show glimmers of light in Sweden
Photo: Johan Nilsson/TT

During the first quarter, investment decisions were made for new wind power capacity of 189 megawatts, which is enough to meet the electricity needs of approximately 100,000 homes. The park will be built in the municipality of Malung-Sälen.

Positive, although it is still far below the levels of investment a few years ago, according to Anton Johansson, head of analysis at the industry organization.

In one quarter, we have made an investment in wind power that is six times larger than total investments during the entire last year.

During the first quarter, a decision was also made to invest in Sweden's largest solar park project to date. Its location is still a secret.

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TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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