News from Norway
CO2 Storage: Northern Lights Consortium Invests more than Half a Billion Euros in Phase 2 of CCS Project
11 Apr 2025 09:28 | Stavanger, Norway – CCS (Carbon Capture and Storage) refers to the capture and storage, or CCU (Carbon Capture and Usage) to the capture and utilization of CO2. The application of CCS/CCU technologies and their impact on climate protection remain controversial. In Norway, a major CCS project has recently received the green light for the implementation of its second phase. read more...
BP Joint Venture Order: Nel ASA Delivers Hydrogen Electrolyzer for Hydrogen Hub in Scotland
20 Mar 2025 16:33 | Oslo, Norway – Nel Hydrogen US, a subsidiary of the Norwegian hydrogen specialist Nel ASA, has received an order for a PEM electrolyzer. The containerized PEM unit of the MC500 type, with a capacity of 2.5 MW, is intended for the Aberdeen Hydrogen Hub project in the northeast of Scotland. read more...
Norwegian Utility Takes Over: PNE AG Sells Swedish Companies With Project Pipeline
22 Jan 2025 08:47 | Cuxhaven, Germany - PNE AG sold its two Swedish subsidiaries PNE Sverige AB and VKS Vindkraft Sverige AB in mid-January 2025. The buyer is the Norwegian energy supplier Aneo. read more...
Share Price Rises: Nel ASA Receives Further Order For 10 MW Hydrogen Electrolyzer From Samsung C&T
03 Dec 2024 15:38 | Oslo, Norway - Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA, has signed a new contract with Samsung C&T Corporation Engineering & Construction Group for a 10 MW alkaline electrolyzer plant worth approximately EUR 5 million. read more...
Focus on Core Markets: Scatec Sells Stake in African Hydropower Plants to Total Energies
30 Jul 2024 10:50 | Oslo, Norway - Norwegian renewable power producer Scatec has signed an agreement with French energy group Total Energies to sell Scatec's 51 percent stake in the African hydropower joint venture with Norfund and British International Investment (BII). read more...
Power Supply Contracts: Scatec Signs PPA With Statkraft For Solar Power Plant In Brazil
26 Apr 2024 10:24 | Oslo, Norway - The importance of long-term power purchase agreements (PPAs) in the course of the energy transition is also increasing outside Europe. The Norwegian energy group Scatec has now signed a comprehensive power purchase agreement (PPA) with Statkraft Energia do Brasil Ltda in Brazil. read more...
Decarbonization of Aviation: Norsk e-Fuel Concludes Central Offtake And Investment Agreements For Ramp-up of e-Fuels Production
24 Jan 2024 15:06 | Frankfurt am Main, Germany - E-fuel project developer Norsk e-Fuel has signed several key partnerships and significant offtake and investment agreements. read more...
Power Star Configuration: New Subsea Power Distribution System Reduces Costs For Floating Offshore Wind Farms
03 Jan 2024 15:36 | Fornebu, Norway - Norwegian industrial group Aker Solutions has signed a FEED (Front-End Engineering and Design) contract with the Marine Energy Test Centre (MET Centre) in Norway to test a new subsea power distribution technology. According to Aker, the technology has the potential to significantly reduce the cost and complexity of offshore wind farm projects. read more...
Transaction: Nel ASA Sells All Its Shares in Everfuel
12 Dec 2023 10:44 | Oslo, Norway - Nel ASA has agreed to sell all its shares in Everfuel. A total of 11,698,918 shares will be sold for a total price of NOK 116.6 million (approx. EUR 9.9 million), representing 13.56 per cent of the outstanding Everfuel shares. read more...
Hydrogen: Nel ASA Doubles Turnover and Cuts Losses by Half
27 Oct 2023 12:04 | Oslo, Norway - Norwegian hydrogen specialist Nel ASA continued on its growth path in the third quarter of 2023. Quarterly revenue climbed to NOK 405 million, up 121 per cent year-on-year (Q3 2022: NOK 183 million). read more...
