Oslo solar energy storage cabinet

Why is Norway integrating into the European battery ecosystem?

In a shifting global battery landscape, Norway is increasingly integrating into the European battery ecosystem. This is an intentional move by all parties, as reaching global climate targets becomes more urgent for each passing year and geopolitical developments fuel action for European energy independence.

Is eco Stor a megatrend?

“Our company is positioned between two megatrends: the enormous growth of renewable energy and the electrification of transportation. This is creating a huge market for low-cost energy storage, which our technology is able to provide,” says Trygve Burchardt, CEO of ECO STOR.

Is Norway a good place to buy EV batteries?

An early adopter of electric transport, Norway continues to capture EV battery headlines. Electric cars now account for 79 per cent of new cars sold in Norway, and the MS Medstraum was recently launched as the world’s first electric fast ferry. In a global report on lithium-ion batteries, Norway ranked first in sustainability.

Where is eco Stor based?

ECO STOR is headquartered in Norway, home to the largest EV fleet in the world per capita. “I see a huge potential market for our solution as more people switch to EVs while electricity prices rise and the cost of solar panels for homes decreases,” says Heiene. “Government subsidies are also helping to fuel this market,” he adds.