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Europe's largest onshore wind power project to be built in Central-Norway

hundhammer_vindpark2 foto NTEStatkraft, TrønderEnergi and the European investor consortium Nordic Wind Power DA will join forces to realise Europe's largest onshore wind power project in Central-Norway, comprising six onshore wind farms, with a combined capacity of 1000MW. The total investment in the wind farms amounts to approximately EUR 1.1bn. Construction will commence in Q2 2016 and commissioning will be completed in 2020. 

Read more  [2/23/2016 10:00:35 AM]
Fortum to deliver EV charging units to southern Norway

elbil grønn med elkontaktFortum has been granted funds to fill the main thoroughfares of southern Norway with 77 new fast chargers, to help EV users travel between Norway’s biggest cities.

Read more  [12/23/2015 5:33:19 PM]
Oskarshamn 1 Taken off the Grid in order for Troubleshooting to be Performed
kjernekraftverk OKGDue to air leakage into the condenser, unit Oskarshamn 1 (O1) has been taken off the grid and troubleshooting has commenced.

Read more  [8/19/2015 3:01:30 PM]
Statkraft halts wind power planning in Central Norway
vindmøller Hitra vindpark StatkraftStatkraft has decided not to invest in the Fosen and Snillfjord projects in Central Norway. Lower power and electricity certificate prices in the Nordic region have made the projects unprofitable.

Read more  [6/4/2015 10:33:19 AM]
Statkraft: Solid result despite lower power prices
statkraft logo 2007In the second quarter of 2014, Statkraft achieved an underlying[1] operating profit before depreciation (EBITDA) of NOK 2528 million, compared with NOK 2555 million in the corresponding period in 2013. Unrealised currency effects resulted in a net profit of NOK 38 million, compared with a loss of NOK 908 million in the second quarter of 2013. The year-to-date net profit is NOK 2838 million.

Read more  [8/21/2014 9:12:39 AM]
Statkraft sells hydropower assets in Finland
statkraft logo 2007Statkraft has entered into an agreement with a Finnish consortium for the sale of hydropower assets in Finland. Statkraft receives a fee of approx. NOK 2.0 billion. The accounting gain is approx. NOK 1.2 billion.

Read more  [6/27/2014 11:24:12 AM]
BKK negotiations ended

statkraft logo 2007The letter of intent from 24 January between Bergenhalvøens Kommunale Kraftselskap (BKK), Haugaland Kraft, Sunnhordland Kraftlag (SKL), Sognekraft and Statkraft has been has been terminated. It has not been possible to reach agreement as regards the value of the assets involved, and the efforts to achieve an agreement based on the intention to implement changes in the ownership structure of BKK and power plants in western Norway have therefore come to an end.

Read more  [11/11/2013 10:56:42 AM]
Statkraft and Norfund agree on basis for further cooperation in renewable energy
Solnedgang ved havStatkraft and Norfund have signed an agreement expressing their intention to restructure and prolong their cooperation within renewable energy. The aim is to create a leading international hydropower cluster, based on assets from Statkraft, SN Power and Agua Imara.

Read more  [6/20/2013 11:20:39 AM]
Statkraft to build hydropower plants in Albania
statkraft logo 2007Statkraft has decided to start the construction of the Devoll hydropower project in Albania. Initially, it's decided to build the two hydropower plants Banjë and Moglicë with a combined capacity of 243 MW and an annual production of about 700 GWh.

Read more  [6/18/2013]
Solid operating profit but write-downs
statkraft logo 2007In the fourth quarter of 2012, Statkraft achieved an underlying1 operating profit before depreciation (EBITDA) of NOK 3416 million, compared with NOK 3028 million in the corresponding quarter in 2011. The net loss amounted to NOK 1840 million, compared with a loss of NOK 673 million in the fourth quarter of 2011.

Read more  [2/14/2013 9:20:05 AM]
Letter of intent regarding the future ownership of power plants in Western Norway
BKK logoBergenshalvøens Kommunale Kraftselskap AS (BKK), Statkraft AS, Haugaland Kraft AS, Sunnhordland Kraftlag AS and Sognekraft AS have signed a letter of intent to make changes in the ownership structure of BKK and power plants in Western Norway.

Read more  [1/25/2013 10:43:47 AM]
Statkraft AS: Successful issue of Eurobond
statkraft logo 2007Statkraft AS has today successfully issued a EUR 700 million bond with a maturity of 10 years. The issuance was made under the company's existing EMTN programme.

Read more  [11/20/2012 5:40:53 PM]
Statkraft to build two additional wind farms in Sweden

Vindmøller Ill: Ariema.com

Statkraft has decided to build the Björkhöjden and Ögonfägnaden wind farms in Sweden. The work will start immediately, which means that Statkraft will have four major wind farms under development in cooperation with SCA in mid/northern Sweden. Statkraft's investment budget for the two most recent projects is about NOK 5.2 billion.

Read more  [9/27/2012 2:37:11 PM]
Statkraft: Norway's Crown Prince opens Sheringham Shoal offshore wind farm

Today His Royal Highness, Crown Prince Haakon of Norway will officially open the Sheringham Shoal offshore wind farm built off the coast of Norfolk, UK, by the owners Statoil and Statkraft.

Read more  [9/27/2012 1:14:44 PM]
Tidal Energy Company wins the International Pioneer Award

Tidevannskraft Kvaløysund Hydro forminsketANDRITZ HYDRO Hammerfest, (Tidligere Hammerfest Strøm AS), leading tidal energy company, receives the "International Pioneer Award" during the 9th Energy Ocean International Conference & Exhibition held in Boston, USA for their contribution and efforts in exploring marine energy.

Read more  [6/28/2012 7:21:08 AM]
Olav Fjell new chair of Statkraft's board of directors
statkraft logo 2007The enterprise general meeting in Statkraft SF has today elected Olav Fjell as the new chair of the board of Statkraft SF. The general meeting in Statkraft AS has then elected Olav Fjell as the new chair of the board of Statkraft AS. The board of Statkraft AS is identical with the board of Statkraft SF.

Read more  [6/26/2012 2:03:33 PM]
Explosive material found at nuclear power plant
Inspectors have found an explosive device on a truck at Ringhals nuclear power plant. Authorities raised the security level at all of the country's ten nuclear power plants Wednesday night.

Read more  [6/22/2012 10:26:17 AM]
Statkraft boosts output but takes hit from low power prices

statkraft logo 2007

Norwegian utility Statkraft boosted its wind output in the first quarter of the year but made less profit from the power it produced, due to lower electricity prices in the Nordic region.

Read more  [5/21/2012]
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Latest news
Europe's largest onshore wind power project to be built in Central-...
2/23/2016 10:00
Fortum to deliver EV charging units to southern Norway
12/23/2015 17:33
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