IKEA Investment Arm Secures Norwegian Offshore Wind Project

Ventyr, a consortium consisting of Parkwind and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has announced its success in the Norwegian auction for the development of the Sørlige Nordsjø II phase 1 offshore project area in the Southern Norwegian North Sea. According to a media statement by Parkwind, part of […]

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Statkraft To Initiate 3GW Renewable Energy Projects in Ireland by 2030

Europe-based renewable energy company Statkraft has announced its plans to roll out 3000MW of renewable energy projects in Ireland by 2030. These projects will also include a 500MW North Irish Sea Array (NISA) offshore wind project. The 3000MW projects by Statkraft include 1500MW projects that were completed recently or whose construction is underway, a 330MW […]

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Aker Plans First Subsea Power System For Floating Offshore Wind Power

Aker Solutions has signed a front-end engineering and design (FEED) contract with the Marine Energy Test Centre (METCentre) in Norway to pilot new subsea power system technology which has the potential to significantly reduce costs and complexity of offshore wind farms. The project will see Aker Solutions provide new power transmission technology, Subsea Collector, for […]

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Norwegian Prime Minister Revises Offshore Wind Ambitions

Norway may see its first commercial scale offshore wind farm coming up in coming years as Prime Minister Jonas Gahr Store has declared that Norway will be allocating 30 GW of offshore wind energy capacity by 2040. The announcement means that Norway will be producing wind energy equal to actual energy consumption by Norway in […]

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Statkraft May Supply Renewable Energy to Plants of FREYR Battery in Norway

Europe’s largest renewable energy player – Statkraft – has signed a binding ‘Heads of Terms’ with FREYR Battery with an aim of converting it into a long-term physical supply agreement, with the ambition to secure a long-term supply of renewable power for FREYR’s planned battery cell production project in Mo i Rana city of Norway. […]

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Norway to become member of International Solar Alliance

Norway has decided to become a member of the International Solar Alliance, an initiative of India aimed at promoting renewable energy and sustainable development. Norwegian Foreign Minister Anniken Huitfeldt announced Norway’s membership of the International Solar Alliance (ISA) during her official visit to India, a statement by the country’s Embassy said on Tuesday. The International […]

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Norway Searching for Green Hydrogen Avenues in India: Greenstat

Vegard Frihammer, founder and CEO of Greenstat Norway – a leading player in Renewable Energy – has held that Norway is searching for opportunities in the green hydrogen segment in India. The Greenstat CEO says that the company needs a market like India where collaboration in green hydrogen is possible. The Norwegian company has established […]

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Norway to Launch 1.5 GW Offshore Wind Tender in Late 2022

Norway will launch its first tender for offshore wind turbines in the southern North Sea later this year. The government has confirmed that the project will be bottom-fixed to develop 1.5 GW of electricity meant to power the Norwegian mainland. The growth of Norway’s offshore wind industry would enable the country to transition from oil […]

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