Norway’s Norsk Vind plans building 1.5-GW zero-subsidy wind farm

18/03/2019 08:55 Wind


Norwegian wind power developer Norsk Vind Energi AS last week announced plans for the construction of a 1.5-GW onshore wind power complex at home without government subsidies.

The plant, which will rank among the largest ones in Europe, will be called Hordavind and will be located in Nordhordland district, western Norway.


The construction of the facility is planned to start in 2023, with its power expected to be priced at less than DKK 0.3 (USD 0.046/EUR 0.040) per kWh, according to Norsk Vind’s general manager Per Ove Skorpen. He noted that currently most of Norway’s wind parks are set up by foreign players but a change in the country’s legislation has now opened opportunities for investment in this sector by local companies, as well.


Once completed, the Hordavind wind farm will generate around 5.4 TWh of electricity per year, or enough to meet the demand of over 300,000 households, the Norwegian developer estimates.


20 Fossil Fuel Companies Generate One Third Of All Global Emissions

10/10/2019 16:26:00

New data compiled by the United States-based Climate Accountability Institute and revealed by the Guardian confirms what many already know: at the core of the climate crisis is the fossil fuel industry. The crucial finding from the analysis is that 20 oil, gas and coal companies can be directly linked to over one third of all energy industry greenhouse gases in modern history. Despite knowing the destruction and dangers their activities pose to our planet and people, fossil fuel companies have been driving climate change and hold the key to avoiding impending disaster. What this points to is the urgent need for divestment, in spite of skepticism amongst some leaders.


BP, Shell among bidders in $800 million Brazilian oil auction

10/10/2019 16:18:00

BP Plc, Chevron Corp and Royal Dutch Shell Plc are among the companies that will compete for exploration and production rights off the Brazilian coast on Thursday, in the first of three oil bidding rounds scheduled for coming weeks.


Poland plans to triple solar energy capacity this year

10/10/2019 13:03:00

Poland, which generates most of its electricity from coal, is planning to triple its solar energy capacity this year, Prime Minister Mateusz Morawiecki told Polish radio on Wednesday.