Tag Archives: Statkraft

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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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Statkraft and ABO Wind conclude a 10-year wind energy PPA in Finland

Statkraft and ABO Wind have concluded a ten-year power purchase agreement (PPA) for the Finnish wind farm Pajuperänkangas. Statkraft also receives the rights to the Guarantees of Origins of the electricity produced. The 14 wind turbines are scheduled to be connected to the grid in autumn 2023 and can produce enough electricity to supply approximately … Continue reading Statkraft and ABO Wind conclude a 10-year wind energy PPA in Finland

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Statkraft expands Nordic Origination activities with office in Finland

Statkraft opens its office in Espoo, Finland. The office will focus on origination activities, providing upstream and downstream power purchase agreements (PPAs) towards industrial companies and wind power developers, investors, and operators. The new office makes Finland the 19th country with Statkraft presence on the ground. “Statkraft has been active in the Finnish market for … Continue reading Statkraft expands Nordic Origination activities with office in Finland

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Statkraft to start construction of 80 MW wind power project in Brazil

Statkraft is ready to start construction of its Morro do Cruzeiro wind farm in northeastern Brazil, after closing a wind turbine supply contract with German wind turbine manufacturer Nordex.Morro do Cruzeiro is a greenfield wind project, developed by Statkraft in Brazil. The project entails two wind farms, 14 wind turbines and a total installed capacity … Continue reading Statkraft to start construction of 80 MW wind power project in Brazil

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Nordex Group receives orders from South America for 245 MW

Statkraft places order with Nordex Group for 80 MW in Brazil. Another developer places order for 165 MW in Chile. In December 2021, the Nordex Group received orders from South America for 245 MW. The Norwegian company Statkraft – Europe’s largest producer of renewable energies – placed an order for the supply and installation of … Continue reading Nordex Group receives orders from South America for 245 MW

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Nordex receives order for 110 MW of wind power from Statkraft in Chile

Follow-up order for N163 / 5.X wind turbines from South America. The largest European producer of renewable energy, the Norwegian Statkraft, has placed an order from the Nordex Group for 19 N163 / 5.X turbines for Chile. The order also includes a three-year Premium Service contract. The Delta4000 turbines are destined for the 110 MW … Continue reading Nordex receives order for 110 MW of wind power from Statkraft in Chile

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