With the program Business Sweden provides selected companies with expertise and contacts on selected markets to enable faster international expansion. Mine Storage will use the support for establishment in the USA and particularly the upper Midwest. Mine Storage has already established cooperation with Dairyland Power and Michigan Technological University to examine mines that has potential for pumped storage hydropower plants, a k a mine storages.
-It is great to have the support of Business Sweden, they understand our needs, our business model and the local ecosystem in the US, says Raine Vasanoja, Chief Commercial Officer and Co-founder at Mine Storage.
-Swedish companies like Mine Storage shows real potential for enabling the energy transition in the US and we look forward to our collaboration, says Mikael Johansson, Global Program Manager Mining, at Business Sweden.