Statkraft awards NOK 5 million to climate and development projects

23.08.2010 08.00 | pressrelease

(Oslo, 19. august 2010) Statkraft has awarded a total of NOK 5 million to Norwegian Church Aid, the Science Centre of Northern Norway, the Norwegian Red Cross, Renewable World and the Ny Ålesund Symposium. The donation takes place through the Statkraft Fund.

”This year’s awards are made to organisations and projects which, in different ways, focus on the connections between energy, climate and sustainable development. This is completely in line with Statkraft’s work to develop more renewable energy both in Europe and developing nations,” says Statkraft President and CEO Christian Rynning-Tønnesen.

Norwegian Church Aid will receive a total of NOK 1 million for two projects. One of the projects aim to provide electricity for four villages in Zambia using solar power, while the other aims to provide Ethiopians with clean drinking water. The latter is a continuation of an ongoing effort over the last 20 years by Norwegian Church Aid.

The Science Centre of Northern Norway will receive NOK 1 million for its work to raise interest in natural sciences and technology among young people. Energy, climate and sustainable development are among the centre’s main focus areas. The donation will be used for a new teaching room in Tromsø.

The Norwegian Red Cross will receive NOK 500 000 for its global climate centre in the Netherlands. The centre works to prevent humanitarian consequences of climate changes. The donation will be used for climate-related measures in countries especially exposed to natural disasters.

Renewable World will receive NOK 500 000 for development of small-scale, locally organised power projects in developing nations. The organisation is based in the UK and cooperates with the organisation RenewableUK of which Statkraft already is a member and the European Wind Energy Association.

The Ny Ålesund Symposium will receive NOK 2 million, following a previous award from the Statkraft Fund. The symposium gathers researchers, politicians and industry executives from all over the world to discuss climate and environmental issues under the polar skies in Svalbard.

The Statkraft Fund has been established to support public interest purposes. The fund awards up to NOK 5 million each year to NGOs, foundations or similar following application or initatives from Statkraft’s corporate management. The projects must have a clear connection with Statkraft’s activities and primarily be directed towards developing nations.

Statkraft is Europe's largest renewable energy company. The group develops and generates hydropower, wind power, gas power, solar power and district heating, and is a major player on the European power exchanges. Statkraft also develops osmotic power and other innovative energy solutions. In 2009 Statkraft posted gross operating revenues of EUR 2.9 billion. The group employs 3400 staff in more than 20 countries.