Tag Archives: Statkraft

Statkraft and Fastweb sign 12-year solar PPA in Italy

Statkraft and Fastweb, one of the leading telecommunications operators in Italy, have signed an exclusive Power Purchase Agreement (PPA) for the supply of electricity produced by renewable sources. The 12-year agreement covers the output of a photovoltaic plant to be constructed in the region of Lazio, Province of Latina, which will cover 13 per cent … Continue reading Statkraft and Fastweb sign 12-year solar PPA in Italy

Continue reading

Solar power is the fastest way to reduce Europe’s dependency on Russian gas

The expansion of solar power in Europe is growing rapidly due to increased renewable energy ambitions and the need to reduce dependence on Russian gas. Statkraft’s Low Emissions Scenario now shows that Europe will have significantly more solar power by 2030 than expected before the war in Ukraine. For the seventh year in a row, … Continue reading Solar power is the fastest way to reduce Europe’s dependency on Russian gas

Continue reading

Statkraft supplies Umicore with wind power for their Finnish production site in Kokkola

Statkraft and Umicore have signed a long-term power purchase agreement (PPA) sourcing renewable power from onshore wind turbines in Finland. This agreement will cover part of the needs of Umicore’s site in Kokkola, where the Group produces precursor cathode active materials and refines cobalt used in rechargeable batteries for electric cars. Statkraft will provide Umicore … Continue reading Statkraft supplies Umicore with wind power for their Finnish production site in Kokkola

Continue reading

Statkraft supplies solar power for Schaeffler sites

Statkraft, Europe’s largest producer of renewable power, supplies Schaeffler AG with 11 per cent of the annual power demand for its German production sites. The supply of power from newly built solar plants in Germany supports the automotive supplier in achieving its sustainability targets. Statkraft will supply the globally operating automotive and industrial supplier Schaeffler … Continue reading Statkraft supplies solar power for Schaeffler sites

Continue reading

Brazil, with great potential for solar and wind energy

Brazil is blessed with a wealth of natural resources and one of the world’s cleanest power supplies. Large-scale investment in solar and wind power will provide even more renewable power in the years ahead. Brazil is the world’s fifth-largest country by area and the sixth-most populous. It is also the world’s second-largest producer of hydropower, … Continue reading Brazil, with great potential for solar and wind energy

Continue reading

European consumers want more renewable power to ease climate and affordability concerns

New research into public attitudes and concerns about energy, commissioned by Statkraft, Europe’s largest generator of renewable power, found that three quarters of the 18,000+ respondents say they’re worried about the negative effects of climate change, and they want more renewable power to help address their pressing concerns. In southern European countries where extreme heatwaves … Continue reading European consumers want more renewable power to ease climate and affordability concerns

Continue reading

Statkraft supports financing of solar park with 5-year PPA

Statkraft, Europe’s largest producer of renewable energy, has signed a 5-year power purchase agreement (PPA) for the Strasen solar park. The Norwegian energy company is thus supporting the construction and operation of the 30 MW solar park. The solar park, which is being developed, pre-financed and built by the Baden-Württemberg-based solar developer Sunovis, will operate … Continue reading Statkraft supports financing of solar park with 5-year PPA

Continue reading

Statkraft accelerates renewable growth

Statkraft has updated its growth strategy within renewable energy with new, more ambitious targets towards 2030. The strategy increases the annual growth rate for onshore wind, solar and battery storage from 2.5-3 GW in 2025 to 4 GW in 2030. At the same time, growth ambitions for hydropower, offshore wind and green hydrogen are increased. … Continue reading Statkraft accelerates renewable growth

Continue reading

Statkraft supplies Omya Hustadmarmor AS with certified green electricity from local hydropower stations

tatkraft, Europe’s largest producer of renewable energy, and Omya Hustadmarmor AS have signed an amendment to an existing power purchase agreement (PPA). During the eight years from January 2022 until December 2029, Statkraft will supply a total volume of around 1 TWh of certified green electricity to the marble processing plant at Elnesvågen, Norway. The … Continue reading Statkraft supplies Omya Hustadmarmor AS with certified green electricity from local hydropower stations

Continue reading

H2 Green Steel partners with Statkraft for 14 TWh of renewable electricity

In a 7-year contract for 2 TWh per year, Norwegian Statkraft will supply renewable electricity to H2 Green Steel’s operations in Boden, Sweden (price area SE1). In this new power purchase agreement with Statkraft, H2 Green Steel secures a long-term yearly supply of renewable electricity produced in the period 2026-2032. The delivery includes Guarantees of … Continue reading H2 Green Steel partners with Statkraft for 14 TWh of renewable electricity

Continue reading

Statkraft anticipates a renaissance for flexible hydropower

Statkraft, Europe’s biggest producer of renewable energy, today sent a license application for a major modernization of the Folgefonn hydropower scheme in Hardanger, Norway, to the Norwegian Water Resources and Energy Directorate (NVE). Electrification and new industry development are expected to increase demand for renewable energy. Higher demand combined with more energy from variable renewable … Continue reading Statkraft anticipates a renaissance for flexible hydropower

Continue reading

Statkraft’s first large-scale solar park in India starts operation

Statkraft opened its first large-scale solar power plant in India, marking a milestone in the company’s ambition to ramp up as a solar and wind power developer in the country. The Nellai solar power plant is in the southern state of Tamil Nadu and will generate renewable energy equal to the annual power consumption of … Continue reading Statkraft’s first large-scale solar park in India starts operation

Continue reading

Statkraft and FREYR Battery Sign Agreement, Securing Long-Term Supply of Renewable Energy

Statkraft, Europe’s largest producer of renewable energy, has signed a binding Heads of Terms with FREYR Battery, a developer of clean, next-generation battery cell production capacity, The Heads of Terms is expected to be finalized as a long-term physical supply agreement, with the ambition to secure a long-term supply of renewable power under globally competitive … Continue reading Statkraft and FREYR Battery Sign Agreement, Securing Long-Term Supply of Renewable Energy

Continue reading

Behind the hydrogen hype

Statkraft’s Ulf Eriksen gets real about the future of hydrogen, explaining why it’s essential and what makes a renewable energy company ideal to produce it. In just about every climate report you read, it’s clear that the world must find ways to decarbonise everything, especially the so-called ‘hard-to-abate’ industries. This has put the spotlight on … Continue reading Behind the hydrogen hype

Continue reading

Statkraft secures four state contracts in Irish renewable energy auction

Statkraft has confirmed that it has secured a total of four contracts in the Irish Government’s Renewable Energy Supply Scheme (RESS-2) auction. One wind farm and three solar projects were successful, which will produce a total of 360MW of clean energy. Commenting on the results, Statkraft Ireland Managing Director Kevin O’Donovan said, “We very much … Continue reading Statkraft secures four state contracts in Irish renewable energy auction

Continue reading

Green hydrogen a “shore” way to decrease shipping emissions

Statkraft wants to take a leading role as a producer of green hydrogen and green hydrogen-based fuel in hubs with several types of consumption. Bjørn Holsen, SVP of New Business, gave a presentation in Munich on 13th May 2022, at the Green Hydrogen Forum about sectors and applications for fuel cell transportation and mobility. We … Continue reading Green hydrogen a “shore” way to decrease shipping emissions

Continue reading

Statkraft supplies wind power for ZF sites

Statkraft, Europe’s largest producer of renewable energy, supplies ZF with a total of 250 gigawatt hours of wind power for its plants and office locations in Germany. The wind power purchase agreement (PPA) supports the automotive supplier on its way to switching all locations to 100 percent green power by 2030. As part of a … Continue reading Statkraft supplies wind power for ZF sites

Continue reading

Statkraft to supply wind power for Solvay in Finland

Solvay has signed a 10-year Utility Power Purchasing Agreement (PPA) with hydropower company Statkraft to purchase electricity produced by the Pajuperankangas wind farm. The agreement will enable the Group’s Voikkaa site in Finland to operate on 100% wind-generated electricity, helping to decarbonize the production of hydrogen peroxide at the site and contributing to the achievement … Continue reading Statkraft to supply wind power for Solvay in Finland

Continue reading

Aker Horizons and Statkraft Partnering to Explore Green Hydrogen and Ammonia Opportunities in India and Brazil

Aker Horizons, through its portfolio company Aker Clean Hydrogen, and Statkraft have signed collaboration agreements to jointly explore opportunities for green hydrogen and ammonia production in India and Brazil, targeting local steel and fertilizer industries. The collaboration brings together Aker Clean Hydrogen, a global integrated hydrogen, ammonia and methanol producer building on Aker’s 180 years … Continue reading Aker Horizons and Statkraft Partnering to Explore Green Hydrogen and Ammonia Opportunities in India and Brazil

Continue reading

India’s future is renewable

India has large coal reserves and will need coal as an energy source for decades. Fortunately, the country also has 300 sunny days a year. If India is to achieve its climate goals, it is crucial that growth in energy production come from renewable sources. India has low greenhouse gas emissions per capita, but because … Continue reading India’s future is renewable

Continue reading