News from Norway
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...
Difficult Situation: Scatec And Equinor Sell Solar Power Plant in Argentina
23 Oct 2023 16:50 | Oslo, Norway - Norwegian renewable generation developer and operator Scatec owns and operates the Guañizuil IIA solar power plant in Argentina as part of a 50/50 joint venture with Norwegian energy company Equinor. read more...
World's Largest Offshore Wind Farm Dogger Bank Produces Electricity For First Time
12 Oct 2023 15:45 | Stavanger, Norway / London, UK - An important milestone has been reached at the UK mega offshore wind farm Dogger Bank. The first Haliade-X turbine from GE Vernova has produced electricity for the first time and fed it into the grid. read more...
Location Near General Motors - Nel ASA to Build Gigafactory in US State of Michigan
27 Sep 2023 12:24 | Oslo, Norway - Norwegian hydrogen specialist Nel ASA has selected Plymouth Charter Township, a suburb of Detroit in Michigan, for its next gigafactory. read more...
Share Gains: Nel ASA Increases Sales Strongly - Business Picks up
18 Jul 2023 16:22 | Oslo, Norway - Norwegian hydrogen specialist and electrolyzer manufacturer, Nel ASA, has increased Q2 sales by 159 percent year-on-year. Overall, Nel ASA reported sales of NOK 475 million (Q2 2022: NOK 183 million). read more...
Portfolio Optimization: Scatec Sells 40 MW Solar Power Plant in Mozambique to Globeleq
18 Jul 2023 16:11 | Oslo, Norway - Norway-based Scatec has signed an agreement to sell a majority stake in the 40 MW Mocuba solar power plant in Mozambique. The 52.5% block of shares will go to independent power producer Globeleq for USD 8.5 million (NOK 85 million). read more...
