Related Articles
Statkraft CEO Christian Rynning-Tonnesen
Forward article link
Share PDF with colleagues

Statkraft on track for 9GW renewables by 2025

Utility will continue to develop 3GW/yr of renewable capacity after 2025

Norwegian utility Statkraft is on track to develop 9GW of renewable energy by 2025 followed by around 3GW/yr after that point. The firm has 1.2GW of completed capacity and 1.4GW under development, including four solar plants in Spain and a solar farm in Ireland. “Statkraft continues to deliver on the strategy and has decided to construct several solar farms in Europe,” says CEO Christian Rynning-Tonnesen. Statkraft is also bidding with BP to develop offshore wind in the Norwegian North Sea. It will spend around 50pc of its net annual investments in the coming period on the development of wind and solar. It will also invest heavily in hydropower.  Renewables and hydrogen In its Low Emis

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
ExxonMobil LNG announces 2021 Power Play winners
24 September 2021
Four remarkable professionals recognised across different categories that celebrate advances in diversity and equality and accomplishments in the LNG value chain
UK sets out plans for hydrogen
23 September 2021
Publication of the UK’s Hydrogen Strategy is a welcome step forward, but the sector is still nascent and more detail is required
China wind power set for rapid growth and plunging costs – Wood Mackenzie
22 September 2021
Onshore wind costs expected to drop by 46pc by 2030 as state policies drive sustained capacity growth, consultancy says
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video