Karenslyst Allé 2, 201 Oslo, Norway, 277
Magnora ASA pursues the strategy of developing wind parks in and outside of Norway while keeping the overall goal of evolving the energy market to a more sustainable way in mind. By striving for operational excellence, the stock listed company (FRA: 4SM) Is convinced of continuous improvement of internal processes.
The Norwegian company is furthermore considered as a leading royalty and license revenue company and owns a large portfolio of renewable projects. Just last year, they signed another contract for another offshore wind park in Northern Europe with a capacity of 500 MW. In Addition, Magnora ASA also invested in the development of a unique perovskite-based PV power booster technology that adds additional power to conventional solar panels. Just in January this year, Magnora entered a partnership with an undisclosed offshore technology and service company to develop a collaboration floating wind company called Magnora Floating Wind.
Image Source: Unsplash, 05.03.2021