New 36MW UK onshore wind farm powers up

A 36.3MW onshore wind farm in South Lanarkshire in Scotland is now fully operational. The Andershaw Wind Farm consists of 11 turbines, which are expected to generate enough electricity to meet the demands of around 23,400 homes every year. Developer Statkraft says the construction of the wind farm has been a boost to the local […]

Statoil takes over UK offshore wind farm operation

Statoil has signed a deal to take over as opeator of a 317MW offshore wind farm in the UK. The agreement with Statkraft makes the Norwegian firm the operator of “one of the world’s 10 largest producing offshore wind farm”, it claims. The Sheringham Shoal wind farm, located off the coast of Norfolk, has being operating […]

Norway plans Europe’s largest onshore wind project

Plans to build Europe’s largest onshore wind project in Norway have been unveiled. It will include six onshore wind farms with 278 turbines and have a combined capacity of 1,000MW. Norwegian firm Statkraft has joined forces with TronderEnergi and European investor consortium Nordic Wind Power for the €1.1 billion (£0.87bn) project. The wind farms will […]

New 172MW hydropower plant opened in Peru

A new hydropower facility with a total capacity of 172MW has officially been opened in Peru. Located 130 kilometers north of Lima on the Huaura river, the Cheves plant will generate around 840GWh of green energy every year, according to developer Statkraft. The project is the Norwegian firm’s ninth power plant in the country and […]

Work starts on 3MW German battery storage

The construction of three battery containers with a capacity of 1MW each have started in Germany. The aim of the project is to deliver control reserve power to the country’s transmission grid. The battery containers are expected to be tested and start operation by the end of the year. They are owned by Norwegian company Statkraft […]

Statkraft scraps 1GW Norwegian wind projects

Energy company Statkraft has cancelled its investment in two wind projects in Central Norway. The lower power prices in the region, a growing power surplus and a continued moderate demand for electricity have reduced the long-term price expectations, it states. It added its review showed the projects, which were estimated to cost around NOK11 billion […]

Investment contract confirmed for UK wind farm

The financial contract for the Dudgeon Offshore Wind Farm in Norfolk has been confirmed. DECC awarded an Investment Contract last year but the project needed to be confirmed by the Low Carbon Contracts Company (LCCC). The wind farm will have 402MW of capacity – enough to power around 410,000 homes. Energy companies Statoil and Statkraft […]

Statkraft to invest €10m a year in energy start-ups

Norwegian energy giant Statkraft has pledged to invest up to €10 million (£7.2m) every year in energy-related start-up companies. It has set up a venture capital fund, Statkraft Ventures, which will act as a lead investor in projects across Europe. Initial investments will be in the range of up to €2.5 million (£1.8m). Asbjørn Grundt, […]

Statkraft buys 50% stake in UK wind project

Norwegian company Statkraft has agreed to buy a 50% stake in a wind project off the coast of England. It will jointly develop the 900MW Triton Knoll offshore wind farm with RWE Innogy, with construction expected to start in 2017. Once built, it is expected to generate enough electricity to meet the needs of up […]

Statkraft plans £5.2bn green spending spree

Norway’s state electricity company is set for a green spending spree of 60 billion krone (£5.2bn) over the next four years. Statkraft plans for “major investments” in renewable energy in Norway, Europe and emerging markets in Asia and South America. This ranges from hydropower projects in Turkey, Peru’s Andes mountain range and possibly India’s state of Himachar […]