Renewable energy developer Eolus has signed a letter of intent to collaborate with Volvo Cars on the Västvind offshore wind power project, off the coast of Gothenburg, Sweden.
The partnership involves the Västvind wind power project supplying significant amounts of electricity to Volvo Cars’ operations at Hisingen in Gothenburg, including the new battery factory being constructed together with Northvolt, through the jointly owned company Novo Energy.
“Volvo Cars has a goal to only sell fully electric cars by 2030. We are working hard to reduce the carbon footprint of the entire lifecycle of the car, including the electricity used to manufacture the cars and their batteries,” explains Johan Lannering, head of strategic collaborations at Volvo Cars.
Currently, there is a significant shortage of electricity production in Västra Götaland, and the demand for electricity is expected to almost double by 2030.
“By committing to electricity from offshore wind power outside Hisingen, we want to secure our access to locally produced, renewable electricity at a reasonable cost,” he notes.
The planned capacity of the Västvind wind power project is 1 GW. Construction is planned to start in 2027, and completion is anticipated in 2029.
