Statkraft, Europe’s largest renewable energy generator, will build its first wind farms in Chile, expanding its renewable energy generation capacity in the South American country amid an increasing demand for hydro, wind and solar power in the southernmost nation in the world.
Europe’s leading producer of renewable energy and route-to-market services, Statkraft, has completed the construction of its second large-scale battery project in Ireland. The Kelwin-2 26MW battery project is located in Tarbert in Co Kerry.
Statkraft, together with Enovos, is integrating additional solar and wind power volumes on an industrial scale into the Mercedes-Benz green power concept. In Germany, in addition to the production plants for passenger cars, vans, trucks and buses, all other Daimler Group locations will also be supplied with the green power. These include the central and administrative locations.
Statkraft, Europe’s leading producer of renewable energy and route-to-market services, will provide market-access and optimisation services for 100 megawatt (MW) of battery energy storage projects in Northern Ireland on behalf of Gore Street Energy Storage Fund and asset management company, Low Carbon.
Statkraft achieved an underlying EBIT (operating profit) of NOK 1.6 billion in the fourth quarter. Net profit in the quarter ended at NOK 3.7 billion / Underlying EBIT for 2020 was NOK 6.7 billion and net profit NOK 3.5 billion.
Statkraft enters into partnership with Bee Charging Solutions AB by acquiring 51 per cent of the company, while Öresundskraft, Jämtkraft and Tekniska Verken will keep 49 per cent. Together with Statkrfat's Swedish charging business Grøn Kontakt AB, Bee Charging Solutions will now become one of the biggest operators in Sweden, Mer Sweden AB.
Christian Rynning-Tønnesen, CEO of Statkraft, was realistic and optimistic at the same time during a panel discussion on the energy transition in Europe at “Europe 2021”. He is convinced that Europe can reach its climate targets until 2030.
Statkraft, Europe’s largest renewable energy producer,Aker Offshore Wind and Aker Horizons have signed a cooperation agreement to explore offshore wind project opportunities in Norway.
Statkraft, Europe's largest producer of renewable energy, and Deutsche Bahn have signed a one-year power purchase agreement (PPA). Since 1 January, Statkraft has been supplying green power from German onshore wind farms, whose subsidies from the Renewable Energy Act (EEG) expired.
Statkraft has decided to construct Cloghan and Taghart wind farms in Ireland. In addition, the company has agreed to sell the wind farms to Greencoat Renewables PLC while retaining responsibility for the construction and the long-term operation and management, in line with Statkraft’s strategy to build, sell, operate and trade power.
Statkraft, Europe’s largest provider of renewable energy, highly welcomes the EU leaders’ endorsement of a binding 2030 target to reduce net greenhouse gas emissions by at least 55 % against 1990 levels.
Statkraft recorded an underlying EBIT of NOK 1.1 billion in the third quarter of 2020. This was a decrease of NOK 0.9 billion from the corresponding quarter last year. The decrease was driven by substantially lower Nordic power prices, partly offset by hedging activities.
Statkraft is ready to start construction of its Ventos de Santa Eugenia wind project in northeastern Brazil, after closing a turbine supply contract with German wind turbine manufacturer Nordex. Statkraft’s largest wind project in South America will more than double its renewable energy capacity in Brazil.
The power to be supplied is 100% renewable and is generated by two third-party wind farms in Spain that have recently been connected to the grid / Under this agreement, Fortia and Statkraft strengthen their strategic partnership and renew their commitment to the ecological transition and the sustainability of the Spanish industrial sector
Statkraft and Bosch, the leading technology and service company have signed a long-term power purchase agreement (PPA). Statkraft will supply around 570 GWh of green electricity from German solar parks for a period of 12 years. Bosch will use the solar power to supply production and administrative sites in Germany.
Amidst the Covid-19 pandemic and high snow-melting in Norway, Statkraft continues to focus on reliable and safe operations. Nordic power prices have been under pressure throughout 2020 and were pushed down during the second quarter.
To further show Statkraft’s commitment to accelerating the transition to electric vehicles and making electric transport the new normal by 2030,?Statkraft?has signed up to ?the Climate Group's electric vehicles initiative EV100, an agreement to transitioning business fleets to all-electric.
Stable operations in a demanding quarter
Three of Statkraft's construction projects has been temporarily put on hold due to the COVID-19 outbreak, while the remaining projects continue. Here is a status update on our largest projects.
With the amount of electricity supplied, NATURSTROM will be able to supply more than 6,300 private customers with green electricity annually until 2031 / The green electricity comes from Statkraft's German PPA portfolio / The special feature of the long-term PPA is the complete price flexibility for NATURSTOM
For the first time, a long-term, 100% green power supply on an industrial scale is made possible in Germany. The agreement is unique as it meets the requirements for simultaneous consumption and production as well as significant domestic production. Europe’s largest renewable energy generator Statkraft has developed the innovative green power concept, which will be implemented by Enovos. The power will be delivered to German Daimler sites.
Statkraft, Europe’s leading provider of market access services, optimises flexible gas assets to manage UK energy system needs. Since November, these assets also provide effective support for the increasing integration of renewable generation by participating in the UK’s Balancing Mechanism, at the same time creating additional value for the asset owners.
Statkraft and Commercial Metal Company Poland (CMC) have become strategic partners, commencing with the signing of a long-term financial power purchase agreement.
Statkraft has completed the 11-megawatt (MW) Kerry battery project in Ireland. The project makes it possible to store locally produced wind power.
Statkraft has decided to construct the 43 MW Windy Rig wind farm in Scotland, and subsequently transfer ownership of the project post-construction to Greencoat UK Wind PLC.
"We fully support the European Green Deal and the long-term climate neutrality target, and we are committed to lead the change towards a carbon neutral electricity sector," the CEOs of Fortum, Statkraft and Vattenfall write in a letter to the European Commission.
Statkraft kicks off wind and solar development business in Spain and Portugal.
In an op-ed in Norwegian daily Aftenposten, Statkraft’s leaders of public affairs and strategy, Julie Wedege and Henrik Sætness, ask whether the World Energy Outlook report underestimates the development of renewable energy.
In a joint declaration, the CEOs of Fortum, Statkraft and Vattenfall encourage the EU to increase its climate ambition to match the Paris Agreement and enshrine the 2050 climate neutrality target in European Climate Law. Based on this, a cost-efficient emissions reduction pathway with coherent intermediary climate targets for 2030 and 2040 needs to be established.
Solid quarter despite lower power prices.
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