Statkraft

Largest producer of renewable energy in Europe

Statkraft is the largest producer of renewable energy in Europe and therefore an international leader in hydropower. By generating electricity from hydro, wind, solar and gas, as well as supplying district heating, the Group is regarded as a major renewable energy developer worldwide and is shaping developments in the industry. The Norwegian state-owned company employs almost 4,600 people in more than 18 countries and strives for a world in which there is only energy from renewable sources. Hence, Statkraft has been implementing renewable energy projects since 1895 and can now draw from over 125 years of experience with hydropower plants along with over 20 years of experience with wind projects.

PPA regarding wind farm in Finland

Norwegian energy group Statkraft signed a power purchase agreement (PPA) with recycler Umicore for the energy that is being produced from a 97 MW wind farm in northern Finland. Starting in 2024, Statkraft will provide Umicore with 60 GW hours of renewable energy a year until 2033. Statkraft expects the unsubsidised wind farm to be commissioned in 2023.

Image Source: Unsplash, 29.08.2021