News from Norway
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...
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 GuaƱizuil 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...