Tag Archives: Statkraft

How PPAs Shape the Future of Renewable Energy

As the world is on its path toward a sustainable future, the United States stands at the forefront of the net zero transition. One of the key drivers behind the green energy transformation is the widespread adoption of Power Purchase Agreements (PPAs). Patrick Pfeiffer, Head of Statkraft US, discusses the role of PPAs in shaping … Continue reading How PPAs Shape the Future of Renewable Energy

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Statkraft supplies solar photovoltaic and wind power to e-mobility expert Vitesco Technologies

Statkraft, Europe’s largest producer of renewable energy, has concluded a Power Purchase Agreement (PPA) with Vitesco Technologies, a leading international developer and manufacturer of modern drive technologies for sustainable mobility, for the supply of a total of around 83,000 MWh of renewable electricity from solar and onshore wind power plants. Since January 2024, Statkraft has … Continue reading Statkraft supplies solar photovoltaic and wind power to e-mobility expert Vitesco Technologies

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Relationship between climate change and social acceptance for wind power

Do climate change concerns influence social acceptance for wind farms? Here’s what we found out when we surveyed thousands of Europeans. In 2023, our planet experienced its hottest year since records began ‘by a huge margin’ (WMO). As each month came, records tumbled. Behind the sometimes abstract numbers were very real consequences: wild-fires, floods, devastated … Continue reading Relationship between climate change and social acceptance for wind power

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Statkraft inaugurates the company’s largest wind farm outside Europe in Brazil

Statkraft inaugurates the company’s largest wind farm outside Europe, the 519 MW Ventos de Santa Eugênia Wind Complex in Bahia, Brazil. It is among the first hybrid projects in Brazil once the planned solar farm of 163 MW is added to optimise energy production. “The successful development of the Ventos de Santa Eugênia Wind Complex … Continue reading Statkraft inaugurates the company’s largest wind farm outside Europe in Brazil

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Statkraft plans to build 492 MW photovoltaic plant in Spain

Statkraft has submitted plans to build a 492 MW solar photovoltaic complex in Extremadura. The company made the announcement on Wednesday as it inaugurated its 55.2 MWp Talayuela II solar park in the region. He said he would invest some €295 million in the gigantic complex, which will be known as Zajuril. The Zajuril project … Continue reading Statkraft plans to build 492 MW photovoltaic plant in Spain

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Statkraft is planning record investments in Norwegian hydro and wind power

tatkraft, Europe’s largest renewable energy generator, is planning to invest up to six billion euros in upgrades to its Norwegian hydro and wind power facilities and construction of new onshore wind farms. ”Today, Statkraft is presenting the largest investment program of its kind in hydro- and wind power in Norway for decades. This will be … Continue reading Statkraft is planning record investments in Norwegian hydro and wind power

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Statkraft to acquire major Loch Ness pumped storage hydro project

Statkraft, Europe’s largest renewable power generator, has agreed to acquire the Red John Pumped Storage Hydro Scheme, from Intelligent Land Investments Group (ILI).   The 450MW scheme, first conceived in 2015, was granted consent by Scottish Government ministers in June 2021. The acquisition demonstrates Statkraft’s latest commitment to helping Scotland meet its renewable energy targets and … Continue reading Statkraft to acquire major Loch Ness pumped storage hydro project

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Statkraft acquires Spanish based renewables business Enerfin from Elecnor Group

The acquisition of Enerfin adds 1.5 GW of operational wind power, wind and solar capacity currently under construction plus a sizeable pipeline of projects in development to Statkraft’s portfolio. This reinforces the Norwegian company’s position as a major international renewable energy player, and significantly strengthens its position in Spain and Brazil. Statkraft, Europe’s largest generator … Continue reading Statkraft acquires Spanish based renewables business Enerfin from Elecnor Group

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Statkraft buys Enerfín and becomes the third wind power generator in Brazil

The acquisition of the Spanish company includes 9 wind farms, with 632 MW of capacity in the country.Statkraft announced the purchase of Enerfín, a renewable subsidiary of the Spanish company Elecnor. The transaction will expand the company’s wind farm portfolio to 2 GW in Brazil, one of the three largest in the country, according to … Continue reading Statkraft buys Enerfín and becomes the third wind power generator in Brazil

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Statkraft releases report on global energy trends and scenarios for 2050: Growth in renewables will continue despite international turmoil

“Despite increased geopolitical unrest and rivalry, renewable energy growth remains strong and won’t stop or reverse. The cost of wind and solar power, batteries and electric vehicles have dropped significantly over the last decade, resulting in them replacing fossil fuels. Energy security has also become a top priority on the international agenda, resulting in an … Continue reading Statkraft releases report on global energy trends and scenarios for 2050: Growth in renewables will continue despite international turmoil

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Statkraft strengthens its position in Sweden through wind power acquisitions

Statkraft has acquired two companies in onshore and offshore wind power: Njordr Offshore Wind AB, which develops offshore wind power and Svevind Nordic AB, a development company in onshore wind power. With the purchase, Statkraft underlines its ambitions to continue the Swedish growth journey in renewable energy and contribute to the energy transition. Svevind Nordic … Continue reading Statkraft strengthens its position in Sweden through wind power acquisitions

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Statkraft aims for co-existence between reindeer husbandry and wind power

In the Fosen case, Statkraft’s goal is to find a solution that combines the affected reindeer herders’ right to practice their culture in co-existence with the Fosen Wind Farm. Statkraft regrets the burden the Fosen case has caused for the affected Sámi reindeer herders at Sør-Fosen, Norway. We are doing all we can to help … Continue reading Statkraft aims for co-existence between reindeer husbandry and wind power

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Statkraft supplies solar and wind power to ZEISS in Germany

Statkraft will supply 800 GWh of green electricity to German ZEISS sites over a period of eleven years. To achieve this, the companies have concluded several Power Purchase Agreements (PPAs). The PPAs with different delivery start dates and periods support ZEISS in achieving the goal of becoming climate-neutral in its own activities by 2025. ZEISS … Continue reading Statkraft supplies solar and wind power to ZEISS in Germany

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Statkraft strengthens repowering position with second Breeze series wind farm acquisition

Statkraft, Europe’s largest generator of renewable energy, has acquired a wind power portfolio from Breeze Two Energy in Germany and France, growing its repowering portfolio with 337 MW and 39 wind farms. Statkraft has added 39 wind farms in operation to its European onshore wind power portfolio in an acquisition that mirrors the first of … Continue reading Statkraft strengthens repowering position with second Breeze series wind farm acquisition

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Statkraft signs agreement to purchase two wind farms (260 MW) in Brazil

Statkraft Energias Renováveis SA (SKER), Statkraft’s subsidiary in Brazil has signed an agreement with EDP Renováveis S.A. (“EDPR”) to acquire the two operational wind farms, Jerusalém and Boqueirão, located in the state of Rio Grande do Norte. The two wind farms consist of 62 wind turbines and have an installed capacity of 260 megawatts (MW). … Continue reading Statkraft signs agreement to purchase two wind farms (260 MW) in Brazil

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Statkraft and AstraZeneca sign agreement on wind power delivery

Statkraft, Europe’s largest renewable energy producer, and the biopharmaceutical company AstraZeneca have entered into an agreement on wind power deliveries that will increase the supply of renewable electricity in Sweden. The agreement is based on the commissioning of new wind farms. Under the agreement, AstraZeneca commits to purchasing 200 gigawatt-hours per year for ten years, … Continue reading Statkraft and AstraZeneca sign agreement on wind power delivery

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Capital Energy and Statkraft sign their fifth PPA in Spain for the 51-megawatt La Herrada wind farm

After the previously sealed agreements between both companies for the Las Tadeas, Buseco and Loma de los Pinos wind farms, as well as for the La Solana photovoltaic plant.The agreement, valid for 10 years, contemplates the sale of all the energy produced by this Albacete wind farm, the first being built by Capital Energy in … Continue reading Capital Energy and Statkraft sign their fifth PPA in Spain for the 51-megawatt La Herrada wind farm

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Statkraft and Telenor sign agreement for the supply of wind energy energy for Telenor’s Finnish subsidiary DNA

Telenor have signed a 10-year Power Purchase Agreement (PPA) with Statkraft. The agreement ensures that around 80% of the purchased power for Telenor’s Finnish subsidiary DNA, comes from a new wind farm to be built in Finland. The Palokangas wind farm is owned by Exilion Tuuli and starts its operations late 2024. Exilion Tuuli is … Continue reading Statkraft and Telenor sign agreement for the supply of wind energy energy for Telenor’s Finnish subsidiary DNA

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Statkraft supplies Air Liquide with wind power for large scale green hydrogen electrolyser

Statkraft, Europe’s largest producer of renewable energy, and Air Liquide, the global market leader in gases, technologies and services for industry and healthcare, have concluded a wind PPA to produce green hydrogen. The renewable energy will power Air Liquide’s new electrolyser plant in Oberhausen to produce renewable hydrogen at industrial scale for industry and transport … Continue reading Statkraft supplies Air Liquide with wind power for large scale green hydrogen electrolyser

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Statkraft AS successfully places EUR 500 million green bond

Statkraft has issued a EUR 500 million senior bond under its EMTN (Euro Medium Term Note) programme. The bond matures in June 2033 and pays a fixed coupon of 3.500%. The transaction was substantially oversubscribed. An equivalent amount to the net proceeds from the bond issue will be used to finance Eligible Projects as specified … Continue reading Statkraft AS successfully places EUR 500 million green bond

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