Tag Archives: Statkraft

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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Aker Offshore Wind, Ocean Winds and Statkraft unite to develop floating offshore wind energy in the Norwegian North Sea

The equal partnership will submit an application to the Norwegian authorities for the development of a commercial scale floating offshore wind farm in the Utsira Nord license area in the Norwegian North Sea. Combining five decades of North Sea expertise in offshore development, execution, and marine operations from the Aker group of companies, the experience … Continue reading Aker Offshore Wind, Ocean Winds and Statkraft unite to develop floating offshore wind energy in the Norwegian North Sea

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Two degrees too much: Clean hydrogen helps put planet on 1.5° path

Statkraft’s annual Low Emissions Scenario urges greater action to shift global course to come close to a 1.5-degree climate target. Renewables remain at the core of this strategy, but we won’t succeed without clean hydrogen, according to the report. Opinion piece by Statkraft CEO, Christian Rynning-Tønnesen The world has been called to arms, to work … Continue reading Two degrees too much: Clean hydrogen helps put planet on 1.5° path

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More Renewables, Not Less

In a matter of weeks, thousands of world leaders and decision-makers will gather in Glasgow for the U.N. Climate Change Conference COP26. Then we’ll finally find out whether there’s any hope to limit global warming to 1.5 degrees. Opinion piece by Julie Wedege, SVP Corporate Politics and Ownership and Hans Magne Ådland, VP Ownership at … Continue reading More Renewables, Not Less

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Statkraft acquires wind power portfolio in Germany and France

Statkraft, Europe’s largest generator of renewable energy, has acquired the wind power portfolio of wind farm operator Breeze Three Energy in Germany and France further strengthening its position in Europe. Norway-based Statkraft adds 39 wind farms across Germany and four wind farms in France to its European onshore wind power portfolio. The acquisition marks the … Continue reading Statkraft acquires wind power portfolio in Germany and France

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Statkraft sells Andershaw Wind Farm

Statkraft, Europe’s largest generator of renewable energy, has today announced the sale of Andershaw Wind Farm in Scotland, to Greencoat UK Wind PLC for a purchase price of £121m (including cash and working capital).  Statkraft, who together with Catamount Energy*, began joint development of the project in 2006 and operation in 2017, will maintain day-to-day operation and maintenance, as well as asset management responsibilities until 2037. The company has also negotiated an … Continue reading Statkraft sells Andershaw Wind Farm

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Statkraft signs 10-year wind power agreement with Neste in Finland

Statkraft and industrial company Neste have signed a 10-year power purchase agreement enabling the Finnish company to reduce greenhouse gas emissions with power from a Finnish wind farm under construction. Deliveries to Neste’s Porvoo refinery in Finland will start mid-2022 and the annual total volume of the wind power agreement is approximately 215 GWh, corresponding … Continue reading Statkraft signs 10-year wind power agreement with Neste in Finland

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Statkraft signs wind energy agreements with Aquila Capital

Statkraft, Europe’s largest generator of renewable energy, and Aquila Capital, a German real asset investment manager, have signed the companies’ first power purchase agreements (PPAs) in Finland. These are long-term PPAs starting in 2022 in which Aquila Capital will provide Statkraft with 100% green electricity from two wind farms at competitive price levels. The wind … Continue reading Statkraft signs wind energy agreements with Aquila Capital

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Statkraft signs PPA with Aquila Capital for two wind farms in Finland

The energy supplied in these PPAs is 100% renewable and generated by the wind farms Mastokangas (68.4 MW) and Korkeakangas (43.2 MW). These are Statkraft’s first deals in Finland with Aquila Capital, one of its longstanding partners in the Nordics.   The PPAs are long-term, starting in 2022 in which Aquila Capital will provide Statkraft with 100% green electricity from two wind farms at competitive … Continue reading Statkraft signs PPA with Aquila Capital for two wind farms in Finland

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Innovative solutions to stabilise the power grid

Solar cells and wind turbines provide clean and renewable energy, but create new challenges in the power grid. Statkraft is delivering technology to help prevent blackouts in the UK and Ireland. In traditional power plants based on coal, gas or hydropower, kinetic energy from turbines is converted into electric power using generators. The large turbines … Continue reading Innovative solutions to stabilise the power grid

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Statkraft tests solar power potential at 4,000 metres above sea level in Peru

New study analyses performance of four new solar technologies, testing which yields the best results in high-altitude environments. News Peru Solar power R&D Peru is no exception to the sweeping climate pledges of nations planet-wide, having the potential of a significant increase in their use of renewable energy by 2050. To meet this commitment, the … Continue reading Statkraft tests solar power potential at 4,000 metres above sea level in Peru

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Statkraft and Skagerak Energi to provide world’s first hydrogen-powered cargo ship with green hydrogen

Statkraft and Skagerak Energi have been chosen as suppliers of green hydrogen to the zero-emission ship planned by HeidelbergCement and Felleskjøpet. The winning concept involves container swapping with compressed hydrogen. The solution is flexible and can be used both for transport and other purposes. The world’s first hydrogen-powered cargo ship. Illustration: HeidelbergCement and Felleskjøpet Through … Continue reading Statkraft and Skagerak Energi to provide world’s first hydrogen-powered cargo ship with green hydrogen

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Two Statkraft wind power plants in Ireland due for completion next year

Statkraft has confirmed that the two wind farms successful in the Irish renewable energy auction last year, totalling 57MW, are underway and are due for completion at the end of 2022. The wind farms will have the capacity to power 45,000 Irish homes. Taghart Wind Farm in Cavan is a 23MW project and works got … Continue reading Two Statkraft wind power plants in Ireland due for completion next year

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