Sweden Launches Major 95 Million Kronor Investment to Boost Green Technology in Södertälje

The Swedish government has announced a significant investment of 95 million kronor to establish a national center for green technology in Södertälje, aimed at advancing Sweden's climate goals through innovative partnerships with industry leaders such as Astra Zeneca, Scania, and Rise. This initiative, set to run through 2030, will support small and medium-sized enterprises in developing sustainable solutions across sectors including fossil-free energy, circular economy, green chemistry, and sustainable transport systems.

The funding plan includes an allocation of 15 million kronor in 2026 followed by 20 million kronor annually until 2030. The project draws on Astra Zeneca's innovation experience, particularly from its Göteborg-based Bioventurehub. Astra Zeneca plays a pivotal role in Södertälje, producing 40% of its global output in the area, highlighting the city's strategic industrial importance.

Magnus Björsne, CEO of Astra Zeneca’s innovation hub, expressed optimism about the initiative’s potential impact, stating, “With such an initiative, there are endless possibilities.” He also hopes the project will extend beyond the initial five years, potentially transitioning to industry-led management.

This collaborative effort marks a national commitment to strengthen Sweden’s position as a leader in green industrial innovation. By promoting an open innovation model and leveraging experiences from Astra Zeneca and Rise, the project aims to translate research breakthroughs into scalable industrial solutions and export opportunities, ensuring long-term sustainability and economic growth within the green technology sector.