Norwegian Company Launches €1 Billion Green Bonds
Statkraft’s Bond Issue Oversubscribed; To List On Euronext Dublin & Finance Eligible Green Projects
Thursday, 21 Mar 2024
Norway’s state-owned energy group Statkraft has successfully issued €1 billion in green bonds that it plans to use to fund eligible green projects under its Green Finance Framework. The company explained that an equivalent amount to the net pro.
Norwegian Energy Group Elevates Senior Resource To CEO
State-Owned Statkraft To Be Led By Company’s Nordics Lead Birgitte Ringstad Vartdal
Wednesday, 20 Mar 2024
Statkraft management has announced the promotion of Birgitte Ringstad Vartdal as the group president and chief executive officer (CEO) to replace Christian Rynning-Tønnesen who is stepping down after 14 years of leading the Norwegian energy group. .
World’s ‘1st Arm’s Length Contract’ For Renewable Ammonia
Yara International Turns Offtaker For Acme Cleantech’s Solar Powered Green Fuel From Oman
Monday, 04 Mar 2024
Norwegian crop nutrition company Yara International will offtake 100,000 tons/annum of renewable ammonia from Acme Cleantech under what they term is the world’s ‘1st arm’s length’ contract for the fuel of this scale and tenure.
Leadership Change For Floating Solar PV Company
Ocean Sun CEO & Founder Børge Bjørneklett Leaves Company, Replaced By Existing Senior Executive
Monday, 19 Feb 2024
The Norway-based floating solar PV company Ocean Sun has announced the departure of its Founder and Chief Executive Officer (CEO) Børge Bjørneklett.
Europe Solar PV News Snippets
Otovo To Pursue Profitability With NOK 450 Million Equity Raise & More From Uniper, Ilmatar, Technique Solaire
Wednesday, 15 Nov 2023
Norway’s Otovo raises NOK 450 million; Uniper working on 280 MW solar in Hungary; Finland’s Ilmatar secures €500 million; Technque Solaire bags €200 million from existing shareholders. Otovo’s capital raise: Norway-based online marketplac.
Europe Solar PV News Snippets
World’s Northernmost Solar Park Online In Svalbard & More From Saint-Gobain, Soltec, SUSI, Trina
Thursday, 09 Nov 2023
Store Norske Energi’s PV system in the world’s northernmost location; Alpiq Energie France’s solar power deal for Saint-Gobain; Soltec & TotalEnergies’ solar plant cleared in Spain; Storage for SUSI’s Italian solar platform; Trina Bags .
Europe Solar PV News Snippets
RWE Building Solar & Storage Project For Open Cast Mine In Germany & More From Fortum, Orange, NorSun, Aiko, Lynher
Monday, 28 Aug 2023
RWE announces 8.4 MW AC solar & storage farm for German open cast mine; Fortum’s 1st industrial-scale solar farm in Sweden; Solar VPPA between Engie Romania and Orange Romania; NorSun raises NOK 90 million; China’s Aiko Solar enters 650 MW di.
Norwegian Crystals Files For Bankruptcy
A Rude Shock For European Vertically Integrated Solar Manufacturing Dreams As NCR Goes Bust
Friday, 25 Aug 2023
In a setback for the European dream of establishing a vertically integrated domestic solar PV manufacturing value chain, Norway-based solar ingot, bricks and wafer start-up Norwegian Crystals (NCR) has filed for bankruptcy. The Brønnøysund Re.
Solar For State-Owned Church Properties In Norway
Hydro Rein Gets Norwegian Church Endowment As Partner To Co-Build 655 MW PV Capacity
Wednesday, 16 Aug 2023
Norsk Hydro’s renewable energy business division Hydro Rein has secured the partnership of one of the largest and oldest landowners in Norway, the Norway Church Endowment or Opplysningsvesenets fond (OVF) to build 655 MW of solar PV capacity. .
Strong Solar Demand In Norway In First Months Of 2023
With 70 MW PV Deployed In 4M/2023, Norway Added Nearly Half Of Total 2023 Installations
Wednesday, 10 May 2023
Hydropower dominated Norway’s energy mix added 70 MW of new solar PV capacity between January 2023 and April 2023 taking the country’s total installed solar PV capacity to 373.025 MW at the end of 4 months, says Elhub which is the country’s central metered data hub.
Norwegian Residential Solar Installer Secures OSE Listing
Otovo Uplists From Euronext Growth Oslo To Get Listed On Oslo Stock Exchange To Expand Solar & Storage Business In Europe
Wednesday, 15 Feb 2023
Residential solar and storage installation company Otovo of Norway has got listed on the Oslo Stock Exchange (OSE), after its listing on Euronext Growth Oslo in 2021.
REC Silicon Appoints New Chief Executive Officer
REC Silicon Elevates Polysilicon & Silicon Gases Head William Kurtis Levens To Group CEO
Wednesday, 28 Sep 2022
Norway based polysilicon supplier for the solar industry through its US manufacturing facilities REC Silicon ASA has appointed William Kurtis Levens as the company’s new Group CEO to replace James A May II from September 28, 2022.
Strategic Collaboration For Over 4 GW European Ingots Production by 2025
European Union’s EIT InnoEnergy Invests In Norwegian Crystals To Support European Upstream PV Manufacturing
Wednesday, 07 Sep 2022
Norwegian Crystals (NCR) has secured a strategic investment from a European Union (EU) body EIT InnoEnergy that’s aimed at accelerating European silicon ingots production from the company’s site at Glomfjord in Northern Norway.
Norway Considering Tax Exemption For RE
Norwegian Finance Ministry Opens Consultation For Electricity Tax Exemption For Renewables, Including Extension To On-Grid Solar
Friday, 08 Jul 2022
The Ministry of Finance in Norway has opened a public consultation for its proposal to exempt electricity generated by renewable energy sources from paying electricity tax, to make it easy for housing companies to use electricity produced by solar systems with state aid.
Scatec Solar’s Power Production Up By 37% In Q4/2020
Rechristened Scatec Reports NOK 368 Million Net Loss For 2020 Even As Consolidated Revenues Increased To NOK 2.75 Billion; With SN Power Acquisition Complete, Company Grows Project Pipeline To 10.5 GW
Tuesday, 02 Feb 2021
Oslo, Norway headquartered solar develops and IPP turned renewable energy company Scatec ASA started the year 2021 on a good note completing its planned acquisition of hydropower power company SN Power in Norway.
Over 51 MW New Solar For Norway In 2019
Solenergiklyngen Claims Norway Installed 51.4 MW New Solar PV Capacity In 2019 Taking Cumulative To 120 MW; COVID-19 Impact Expected In 2020
Wednesday, 27 May 2020
The graph shows annual solar PV additions in Norway between 2017 and 2019 with 51.4 MW added in 2019 alone. Most of this capacity was installed in the C&I segment, as per Solenergiklyngen study commissioned by Multiconsult.
Norway To Fund 30 MW Solar PV Capacity In Guyana
Government Of Norway Approves GYD 16 Billion To Fund 30 MW Solar PV & Storage Capacity In Guyana; Funding Approved By UAE To Turn Wakenaam Into Country’s ‘First Truly Green Off-Grid’ Centre
Tuesday, 11 Jun 2019
The funds that were originally planned to be spent on a 165 MW hydropower project in Guyana will now be used for the construction of solar power plants in the Latin American country.
23.5 MW New Solar In Norway In 2018
Local Solar Association Of Norway Solenergiklyngen Commissioned Study By Multiconsult Says Country Installed 29% More Solar PV In 2018, Taking Cumulative Capacity To 68 MW
Sunday, 10 Mar 2019
With 23.5 MW of new solar additions in 2018, Norway's cumulative installed solar power capacity reached 68 MW, a 52% YoY increase.
Hydropower Funds Directed To Solar Project
Norway & Guyana To Divert Funds From 165 MW Hydropower Project To Proposed 100 MW Guyana PV Plant
Sunday, 08 Jul 2018
Norway and IADB apparently convinced Guyana to refocus its renewable plans towards solar, a big change since 2009 when the two lenders were still ok with investing in the development of 165 MW Amaila Falls hydropower project.
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