CR in development projects
As a power producer Statkraft is involved in several development projects in different parts of the world. Most of these are in emerging markets, but there are also substantial developments in Northern Europe for different technologies. In the following sections we present examples of how we have addressed corporate responsibility in 2014.
The Devoll Hydropower Project (Devoll HPP) in Albania consists of a cascade of hydropower plants along the Devoll River with a planned installed capacity of 256 MW. Production is estimated at 729 GWh/year.
Located in central Turkey, the Kargı Hydropower Project (Kargı HPP) is currently under its final stages of construction. Upon completion the plant will have an installed capacity of 102 MW.
In 2011, SN Power started construction of Cheves hydropower plant (Cheves HPP) in Peru, the company's ninth hydropower plant in the country. As part of the 2014 “Magnet process” all SN Power Peru’s assets were transferred to Statkraft.
In 2014, Statkraft continued construction of the Çetin hydropower plant (Çetin HPP), the company's third hydropower project in Turkey.