Latest news
Norway's Statkraft to invest up to $6.6 bln in hydro, wind power
Norway's state-owned renewable power producer Statkraft on Monday said it plans to invest up to 6 billion euros ($6.56 billion) to upgrade its domestic hydro and wind power facilities and to build new onshore wind farms.
read more... 09/01/2024
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Norway to trial ‘world first’ star-shaped seabed power system
The technology is expected to offer flexibility, reduced cable lengths and potential 10% cost savings on a 1GW project
read more... 04/01/2024
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Germany's Sefe, Norway's Equinor strike $55 billion gas supply deal
German state-owned energy firm Sefe secured a 50 billion euro ($55 billion) gas deal with Norway's Equinor that will cover one-third of the industrial gas needs of Europe's largest economy, the companies said on Tuesday.
read more... 20/12/2023
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Norway cuts planned onshore wind tax rate to 25%
Norway's parliament has agreed to introduce a 25% resource tax on onshore wind from the start of next year, a reduction of 10 percentage points from the government proposal.
read more... 14/12/2023
Orsted pulls out of Norway offshore wind consortium
Orsted has pulled out of a consortium that was due to bid for offshore wind projects in Norway ahead of a pre-qualification deadline, one of its partners said on Monday.
read more... 14/11/2023