OX2 has agreed with Ingka Investments, the investment arm of Ingka Group – the biggest IKEA retailer – to sell a 49 percent stake in next generation Swedish offshore wind projects. The transaction is expected to impact OX2’s operating income positively with approximately 200 MSEK* in 2023. Following the transaction OX2 expects operating income for … Continue reading OX2 sells stake in next generation Swedish offshore wind energy portfolio to Ingka Investments
Continue readingTag Archives: Sweden
North Seas Energy Ministers endorse Wind Power Package
In the presence of His Majesty King Willem-Alexander of the Netherlands the 10 Energy Ministers of the North Seas Energy Cooperation (NSEC)** met in The Hague yesterday. They agreed a new NSEC Action Agenda for the build-out of offshore wind. This Agenda aims among other things to help strengthen Europe’s wind energy supply chain. In … Continue reading North Seas Energy Ministers endorse Wind Power Package
Continue reading
OX2 has handed over the Karskruv wind farm in Sweden to Orrön Energy
OX2 has handed over the Karskruv wind farm in Uppvidinge municipality, Sweden, to Orrön Energy. The wind farm comprises a total of 20 Vestas turbines with a total installed capacity of 86 MW. OX2 and Orrön Energy signed an agreement in April 2021 to construct the wind farm Karskruv. The total yearly production is estimated … Continue reading OX2 has handed over the Karskruv wind farm in Sweden to Orrön Energy
Continue reading
Vestas wins order for 67 MW of wind power in Sweden
Vestas has received a firm order from Vattenfall Vindkraft AB, part of the Vattenfall AB group, for the 67 MW Velinga wind farm in Sweden. The order consists of twelve V150-6.0 MW wind turbines in 5.6 MW operational mode and includes the supply, delivery and commissioning of the wind turbines. Upon completion, Vestas will service … Continue reading Vestas wins order for 67 MW of wind power in Sweden
Continue reading
Mainstream Renewable Power’s JV Freja Offshore applies for 2.5 GW offshore wind permit on Sweden’s east coast
Freja Offshore, a 50-50 joint venture between Mainstream Renewable Power (“Mainstream”) and Hexicon, has submitted a planning application for the up-to 2.5 GW Dyning floating offshore wind farm in the Baltic Sea, located in Sweden’s economic zone, approximately 45 kilometers southeast of Oxelösund. Dyning will have the potential to deliver up to 10 TWh of … Continue reading Mainstream Renewable Power’s JV Freja Offshore applies for 2.5 GW offshore wind permit on Sweden’s east coast
Continue reading
Mainstream and Hexicon seeks to build gigawatt-scale floating wind farm off Sweden
Freja Offshore, a joint venture between Aker Horizons-controlled Mainstream Renewable Power and Stockholm-based floating wind developer Hexicon, has submitted plans for another 2.5 GW floating wind power in Swedish waters. The wind farm called Dyning will be able to deliver 10 TWh annually which can supply more than the entire energy need of the regions … Continue reading Mainstream and Hexicon seeks to build gigawatt-scale floating wind farm off Sweden
Continue reading
Vattenfall builds wind farm Velinga
Vattenfall has taken an investment decision to start building an onshore wind farm in Velinga, outside Tidaholm, in the south of Sweden. Construction will start before year end and the wind farm will be ready for commission in early 2026. The wind farm will have an output of 67 MW and an annual production of … Continue reading Vattenfall builds wind farm Velinga
Continue reading
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
Continue reading
Vestas wins 115 MW wind power project in Sweden
Vestas has received a firm order from OX2 Construction AB for the Anglarna wind farm in Sweden. The order consists of 18 V162-6.2 MW wind turbines in 6.4 MW optimized power mode and includes the supply, delivery and commissioning of the turbines. Upon completion, Vestas will service the turbines under a 35-year Active Output Management … Continue reading Vestas wins 115 MW wind power project in Sweden
Continue reading
OX2 sells 115 MW wind farm Ånglarna in Sweden for 2.7 billion SEK
OX2 has sold the 115 MW wind farm Ånglarna in Sweden to a European utility for 2.7 billion SEK*. The sale will be recorded in the third quarter. The Ånglarna wind farm will consist of 18 turbines and be situated in the county of Falun in Sweden. OX2 acquired the project rights in May 2019 … Continue reading OX2 sells 115 MW wind farm Ånglarna in Sweden for 2.7 billion SEK
Continue readingVestas wins order for 147 MW of wind power in Sweden
Vestas has received a firm order from SR Energy AB for the Horshaga wind farm in the municipality of Uppvidinge, southern Sweden. The order consists of 20 V162-6.2 MW wind turbines and five V150-4.5 MW wind turbines and includes the supply, delivery and commissioning of the wind turbines. Upon completion, Vestas will service the turbines … Continue reading Vestas wins order for 147 MW of wind power in Sweden
Continue reading
Skyborn receives environmental permit to build 1 GW-Storgrundet Offshore wind farm in Sweden
Skyborn Renewables (Skyborn) has received the environmental permit from the Swedish Land and Environment Court to build the Storgrundet Offshore wind farm, marking an important milestone in realizing the project. The permit allows for a maximum of 51 wind turbines, which, when fully operational, will have a capacity of roughly 1 GW and generate 3–3.5 … Continue reading Skyborn receives environmental permit to build 1 GW-Storgrundet Offshore wind farm in Sweden
Continue reading
Octopus Energy backs offshore wind power
Octopus Energy’s generation arm announces its investment in Deep Wind Offshore, an international offshore wind developer with a pipeline of projects in Norway, Sweden, and South Korea.All three countries have vast wind resources and strong governmental support for offshore wind. The company is aiming to build 10 GW of new offshore wind by 2032, with … Continue reading Octopus Energy backs offshore wind power
Continue readingOX2’s offshore wind farm Triton receives Natura 2000 permit
OX2’s offshore wind farm Triton off the southern coast of Sweden has received a Natura 2000 permit. In June the County Administrative Board finalized their handling by suggesting the government to grant Triton a permit according to the Act on Sweden’s Exclusive Economic Zone. If the government gives the final approval construction could start by … Continue reading OX2’s offshore wind farm Triton receives Natura 2000 permit
Continue readingStatkraft 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
Continue reading
Eolus completes sales transaction with BKW for 125 MW Swedish wind projects
Eolus has sold the wind power projects Skallberget/Utterberget, Tjärnäs and Rosenskog, totalling 125 MW, to BKW. The projects are under construction and commercial operation is planned for the fourth quarter 2023. The transaction covers all the shares in the project companies at an enterprise value of EUR 189.3 million and a share purchase price of … Continue reading Eolus completes sales transaction with BKW for 125 MW Swedish wind projects
Continue readingThe Rise of Wind Energy in Sweden: A Promising Trend
The rise of wind energy in Sweden has been nothing short of remarkable. Over the past decade, the Scandinavian nation has made significant strides in harnessing the power of the wind to meet its energy needs. This promising trend has not only helped Sweden reduce its dependence on fossil fuels but also established the country … Continue reading The Rise of Wind Energy in Sweden: A Promising Trend
Continue reading
Vattenfall signs wind energy agreement with Volvo Group
Vattenfall today signed an agreement with Volvo Group to sell 50 percent of the electricity produced at Bruzaholm wind farm over a 10-year period. The agreement is a clear example of Volvo Group’s commitment to reducing its carbon dioxide emissions and how Vattenfall’s fossil-free electricity can contribute to achieving that goal. Construction of Bruzaholm wind … Continue reading Vattenfall signs wind energy agreement with Volvo Group
Continue readingCounty Administrative Board gives green light to offshore wind farm Triton outside Sweden
The County Administrative Board of Skåne has decided that the offshore wind farm Triton can get permission to be built according to the Act on Sweden’s exclusive economic zone. OX2 and Ingka Investments welcome the decision and if the government gives final approval construction could start already 2027. In its decision the County Administrative Board … Continue reading County Administrative Board gives green light to offshore wind farm Triton outside Sweden
Continue reading
OX2 and Ingka Investments enter conditional agreement with NKT for delivery and installation of export cables for two offshore wind farms in Sweden
OX2 and Ingka Investments enters into conditional agreement with NKT for delivery and installation of export power cables. NKT’s facility in Karlskrona will deliver the cables for the recently awarded Galene project in Sweden. The agreement also covers the Triton offshore wind farm. The agreement will enable OX2 and Ingka Investments to start realising the … Continue reading OX2 and Ingka Investments enter conditional agreement with NKT for delivery and installation of export cables for two offshore wind farms in Sweden
Continue reading
