Increased production in the Høyanger river system
Statkraft Energi AS today received a permit to build Eiriksdal power plant in Høyanger municipality in the regulated and developed Høyanger river system in Sogn og Fjordane County.
EVN AG and Statkraft AS announced Joint Venture Partnership for the concession to construct three Hydro Power Plants on Devoll river in Albania.
(Tirana, 19 December 2008) EVN AG, an Austrian based leading utility company, with major investments in Eastern and South Eastern Europe, and Statkraft AS, the Norwegian based European leader in renewable energy, today announced a Joint Venture in regard of the Devoll river concession in Albania.
Energy initiative at Climate Change Conference in Poznan
We have the low-carbon technologies we need to avert damaging climate change. However, a strong policy and public/private cooperation is needed to support their rapid deployment, conclude the business leaders of nine major energy companies, including Statkraft, in a report presented at the at the UN Climate Change Conference in Poznań, Poland 8 December.
New information about the number of fatalities and injuries in the SN Power Project
SN Power, which is 50 per cent owned by Statkraft, has received new information concerning the number of fatalities and personal injuries at the company’s partly owned hydropower project in India.
Statkraft acquires wind farm in Wales
Statkraft has decided to purchase all the remaining shares in the company Catamount Cymru Cyf, which owns the rights to build and operate Blaengwen wind farm in Wales. The purchase is part of Statkraft's wind power focus in Europe. Blaengwen wind farm – which is under construction – will provide clean electricity to 16,000 UK households.
Statkraft and Norfund agree new ownership structure for SN Power
Statkraft AS and Norfund have agreed a new ownership structure for SN Power. Statkraft increases its shareholding from 50 to 60 per cent from the implementation of the agreement, with an option of a further increase to 67 per cent by 2015. Norfund is guaranteed an opportunity to sell all or part of its shares during the same period. A separate company will be established for the development of power projects in Africa and Central America
Statkraft celebrates 10 years in Continental Europe by launching international CO2 compensation platform
Amsterdam, 6th of November 2008 – Statkraft, which will become the largest European producer of renewable energy at the end of the year, celebrated its first 10 years in Continental Europe by launching an international platform allowing individuals and companies to become carbon neutral.
Statkraft – Q3 2008 - Solid result
Statkraft posted a profit after tax of NOK 4,599 million (NOK 4,103 million)1 for the first three quarters of the year, and an underlying profit 2 after tax of NOK 5,205 million (NOK 4,044 million). The profit after tax for the third quarter was NOK 1,381 million (NOK 1,047 million), while the underlying profit after tax for same period was NOK 693 million (NOK 734 million). The result is strongly impacted by higher prices and production compared with in 2007.
Statkraft to supply electricity to Boliden Odda until 2030
(Odda, 23 October 2008) Statkraft and Boliden Odda have signed two long-term commercial contracts for the supply of industrial power during the period 2009 to 2030. Totalling around 20 TWh, this is the largest industrial power supply contract Statkraft has entered into since 1998, and confirms the company’s role as the largest and most important supplier of electricity to Norway’s power-intensive industry. As part of the deal, Statkraft will take over Boliden Odda’s shares in AS Tyssefaldene.
Incorrect information regarding Statkraft and thorium
On the morning news on Monday, 6 October, NRK Dagsnytt gave the impression that Statkraft has an agenda for building of thorium power plants in Norway, and that the group is actively lobbying to gain support for such plans. None of this is correct, and does not represent the company’s view on thorium.
Trondheim Energi opens Leirfossene power plant
(Trondheim, 2 October 2008) Today Mayor Rita Ottervik officially opens Leirfossene power plant in Sjetnemarka,Trondheim. The new power plant will produce 193 GWh, which will cover the power consumption of approx. 10,000 households.
Statkraft and Eramet join forces on energy recovery
(Sauda/Lilleaker, 25 September 2008) Statkraft AS and Eramet Norway AS have signed a letter of intent regarding energy recovery from excess gas at the smelting plant in Sauda. The project will capture energy which today goes straight into the air, and will provide more than 100 GWh of new electricity per year.
Statkraft and Agder Energi join forces on wind power
Statkraft and Agder Energi signed an agreement today that forms the company Statkraft Agder Energi Vind DA. The new company will handle all new projects concerning development, construction, operation and maintenance of wind farms in Norway. The company, which will have its head office in Kristiansand, will become the leading market player in the onshore wind power industry, aiming for a minimum capacity of 1,500 MW by 2015.
Statkraft – Q2 2008 - Strong growth and efficient operations
Statkraft’s profit after tax for H1 was NOK 3,218 million (NOK 3,056 million) , while the underlying profit after tax for the same period was NOK 4,513 million (NOK 3,310 million). The result for the second quarter was impacted by unrealised changes in value. However, despite returning a post-tax loss for the period of NOK 585 million (profit of NOK 450 million), the company posted a strong underlying profit after tax of NOK 1,570 million (NOK 726 million). These results are impacted by higher prices and production compared with the corresponding prior-year period. “Statkraft posted a strong result in the first six months of the year. This is attributable to higher electricity prices, increased production, good results from hedging activities, and efficient operations and energy optimisation,” remarked President and CEO Bård Mikkelsen.
Statkraft and E.ON have signed € 4.5 billion swap agreement
Statkraft AS and E.ON AG have signed a final agreement that will position Statkraft as a European leader in renewable energy. Statkraft acquires renewable and flexible power generation assets and shares in E.ON AG, in exchange for shares in E.ON Sverige AB. The total value of the asset swap is € 4.5 billion.
Statkraft and GreenPower awarded consent to build wind farm in Scotland
Statkraft and GreenPower have been awarded consent to construct and operate Carraig Gheal Wind Farm on the west coast of Scotland. The wind farm will comprise 20 wind turbines with a total installed capacity of 60 MW. The yearly generation of clean, renewable energy will be equivalent to the demand of 32,000 homes.
Statkraft buys into Swedish wind power company
Statkraft is strengthening its position in wind power in Sweden through its investment in Arise Windpower. Statkraft acquires an ownership interest of 11.8 per cent and gets a seat on the board – which is headed by Pehr G Gyllenhammar.
Natural science collaboration receives support from the Statkraft Fund
(Trondheim/Uppsala, 9 May 2008) The Statkraft Fund is allocating NOK 1.5 million to both Vitensenteret i Trondheim (the Trondheim Knowledge Centre) and Technichus i Härnösand (the Technology Centre in Härnösand, Sweden) to inspire children and young people to take an interest in energy and natural sciences. The two knowledge institutions are to work together on a teaching programme that combines theory and practical exercises in a new, fascinating manner.
Statkraft – Q1 2008 - Increased production and higher prices boost profits
Results for the first quarter of 2008 were boosted by higher prices and levels of production than in the corresponding period last year, with Statkraft posting a profit of NOK 3,803 million after tax (NOK 2,605 million)1. Adjusted for unrealised changes in value and material non-recurring items, the Group's profit totalled NOK 2,943 million after tax (NOK 2,584 million).
Statkraft and Catamount announce construction of Blaengwen Wind Farm
Today Statkraft and Catamount Energy Corporation announced that Siemens Wind Power has been selected to provide turbines for the Blaengwen Wind Farm in Wales. The project is a partnership of a Catamount affiliate and Statkraft and will be the first of the partners’ four wind power projects in the UK to be completed.
Statkraft chooses NorWind for concept study of offshore wind power
(Oslo, 7 March 2008) Statkraft has selected NorWind to conduct a concept study for a large, fixed-base wind power facility far offshore. The study aims to narrow the gap between today’s wind-power technology for shallow waters and the deepwater technology of the future.
The Republic of Srpska and Statkraft to cooperate on hydropower development
(Banja Luka/Oslo, 30 January 2008) The Government of the Republic of Srpska, BiH and Statkraft have yesterday signed an agreement for an extensive collaboration within the energy sector. The first joint project is specified as the development and construction of four hydropower plants in lower Vrbas River, expected to have an annual generation of 450 GWh.