Search results for: statkraft

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  • 11 May 2023
    Authorities, Business development, Research & Development

    Statkraft and its partner Copenhagen Infrastructure Partners (CIP) have been selected in Ireland’s first auction for offshore wind under the Renewable Electricity Support Scheme (ORESS-1) to develop the 500 MW North Irish Sea Array (NISA) offshore wind project. NISA was one of seven offshore renewable projects issued with a Maritime Area Consent (MAC) last December. […]

  • 20 July 2023
    Authorities, Business & Finance, Industry

    The North Irish Sea Array (NISA), one of the four offshore wind projects selected in Ireland’s first offshore wind auction, could end up overlapping with a bird protection area. The Irish offshore consultancy Gavin and Doherty Geosolutions (GDG) voiced concerns about the government letting this happen and warned that the project is now at risk […]

  • 11 July 2023
    Business & Finance

    Copenhagen Infrastructure Partners (CIP) has reached the first close on its fifth flagship fund, Copenhagen Infrastructure V (CI V), at EUR 5.6 billion in capital commitments received. This puts the fund on track to reach its target size of EUR 12 billion, which would make this the world’s largest dedicated greenfield renewable energy fund, according […]

  • 11 May 2023
    Authorities, Contracts & Tenders, Wind Farm Update

    Ireland has selected four projects with a combined capacity of nearly 3,100 MW in the first offshore wind auction under the Renewable Electricity Support Scheme (ORESS 1). The four projects are the 1,300 MW Codling Wind Park owned and developed by a 50/50 joint venture of Fred. Olsen Seawind and EDF Renewables; the 824 MW […]

  • 17 January 2023
    Business & Finance, Wind Farm Update

    Copenhagen Infrastructure Partners’ (CIP) fund Copenhagen Infrastructure IV K/S (CI IV) and Statkraft have signed an agreement which will see CIP acquiring 50 per cent in Statkraft’s offshore wind portfolio in Ireland. Under the deal, the financial terms of which have not been disclosed, CIP will hold half of the stake in up to 2.2 […]

  • 4 January 2023
    R&D, Technology, Wind Farm Update

    Norway’s H2Carrier and the Greenland-based company Anori have signed a Letter of Intent with the purpose of developing the first commercial offshore wind farm in Greenland as part of a project to produce and export green ammonia. The wind farm is projected to have a capacity of 1.5 GW and supply power to H2Carrier’s floating […]

  • 13 December 2022
    Ports & Logistics, Wind Farm Update

    Mainstream Renewable Power, BP and Statkraft have signed a memorandum of understanding (MoU) with Windport in Mandal, Norway, as part of their bid to develop an offshore wind project at the Sørlige Nordsjø II (Southern North Sea II; SN2) area. According to the developers, Windport, a subsidiary of Global Ocean Technology, is building a port […]

  • 9 December 2022
    Contracts & Tenders

    Mainstream Renewable Power, Ocean Winds, and Statkraft have signed a memorandum of understanding with Aker Solutions, in Norway to collaborate on floating offshore wind at Utsira Nord. Mainstream, majority-owned by Aker Horizons, Ocean Winds, and Statkraft are in a consortium to pursue an application to develop floating wind power at the Utsira Nord license area […]

  • 15 May 2014
    Business & Finance

    Statkraft’s Q1 financial results have shown that the company’s wind power business had significantly contributed to solid performance at the beginning of 2014. In the first quarter of 2014, Statkraft achieved an underlying operating profit before depreciation (EBITDA) of NOK 3836 million, compared with NOK 4180 million in the corresponding period in 2013. The net […]

  • 30 September 2013
    Training & Education

    Statkraft’s international trainee programme is an attractive opportunity for young candidates at the start of their career. Eight new trainee positions are now open for September 2014. The deadline to apply is 20 October. “Do you want challenging tasks in a company with international growth ambitions? If so, you should apply for a trainee position […]

  • 9 November 2010

    Statkraft has entered into long-term Power Purchase Agreements (PPAs) with two independently owned wind farms in Scotland and Wales. The agreements mark the launch of Statkraft’s Renewable Power Purchase business in the United Kingdom and was announced at the RenewableUK 2010 Conference in Glasgow. Both wind farm projects secured bank debt finance and the agreements […]

  • 22 November 2017
    Wind Farm Update

    Statoil, Masdar and Statkraft officially opened the 402MW Dudgeon offshore wind farm in Great Yarmouth, UK, on Wednesday, 22 November.

  • 17 December 2015
    Business & Finance, Wind Farm Update

    The development of the Dudgeon Offshore Wind Farm is progressing as planned and the project is not affected by Statkraft’s announcement of reduced investment plans in offshore wind, according to Dudgeon Offshore Wind Limited. Full production is expected in late 2017 as previously announced, the developer said. As Offshore WIND reported yesterday, Norway’s Statkraft released an adjusted investment […]

  • 15 August 2013
    Business & Finance, Operations & Maintenance

    Statkraft will take over responsibility as Operation and Maintenance (O&M) operator of Sheringham Shoal Offshore Wind Farm in January 2014. The current operator, Scira Offshore Energy Ltd, will remain as the legal entity while employees will be transferred to Statkraft. The joint venture company is owned 50/50 by Statkraft and Statoil. Both owners of Sheringham […]

  • 24 March 2017
    Business & Finance

    Norway’s Statkraft is pressing on with the strategy to sell its offshore wind assets; however, the energy company plans to continue to participate as an enabler of the development and operation of offshore wind projects in the UK through entering into power purchase agreements.

  • 21 May 2015

    RES has signed a five-year framework agreement with Statkraft to provide engineering and project management support to its portfolio of projects. The scope of the partnership covers project management, package management, engineering, engineering management and technical input. The focus is on current UK projects, with the possibility of extending to span a European brief too. […]

  • 16 December 2015
    Business & Finance

    Statkraft AS will no longer invest in new offshore wind projects, the Norwegian utility said in its adjusted investment plan today. The Oslo-listed company said that the new investment plan was adjusted ”to balance the goal of profitable growth within renewable energy with Statkraft’s financial solidity.” “Offshore wind power is capital intensive. The reduced financial terms […]

  • 26 June 2012

    The enterprise general meeting in Statkraft SF has today elected Olav Fjell as the new chair of the board of Statkraft SF. The general meeting in Statkraft AS has then elected Olav Fjell as the new chair of the board of Statkraft AS. The board of Statkraft AS is identical with the board of Statkraft […]

  • 4 February 2016
    Business & Finance

    In its Q4 2015 results, Statkraft said it will focus on managing positions in offshore wind to maximise the value of existing assets and projects, as there will be no new investments in offshore wind. Statkraft’s investment capacity has been reduced as a result of a revised dividend policy from the Norwegian State. “As a consequence of the […]

  • 28 October 2016
    Business & Finance, Operations & Maintenance, Wind Farm Update

    Norway’s Statkraft has started preparations for the divestment of its offshore wind assets which include the company’s shares in the operational Sheringham Shoal offshore wind farm, as well as the Dudgeon and the Dogger Bank projects in the UK. A divestment of all shares in Sheringham Shoal requires Statkraft to transfer its operatorship. Statkraft and Statoil already signed a […]

  • 13 January 2014
    Wind Farm Update

    A reception was held at Wind Farm Place, Wells-next-the-Sea, Norfolk on 9 January 2014 to celebrate Statkraft becoming the Operator of the Sheringham Shoal Offshore Wind Farm, the 88 turbine (317 MW) power plant situated between 9 to 17 miles off the coast of North Norfolk. The two Norwegian companies, Statkraft and Statoil, are owners […]

  • 9 September 2016
    Business & Finance, Operations & Maintenance, Wind Farm Update

    Norway’s Statkraft is preparing a possible divestment of its shares in the operational Sheringham Shoal offshore wind farm, as well as the Dudgeon and the Dogger Bank projects.  The revised strategy follows the announcement in December 2015 that Statkraft would make no new investments in offshore wind. Preparations for the divestment will be carried out in […]

  • 25 March 2014

    Reacting to the Siemens’ announcement regarding the decision to invest £160 million in wind turbine production and installation facilities in Yorkshire, while at the same time Associated British Ports (ABP) is investing a further £150 million in the Green Port Hull development, Bjorn Drangsholt, Statkraft UK Managing Director, said: “Statkraft welcomes the announcement to construct two […]

  • 27 August 2013

    At a summer seminar at Statkraft’s Lilleaker head office, the President and CEO presented the company’s plans for the future, including a stronger international focus. “Norwegian expertise and solidity are highly sought-after assets. We now have a unique opportunity to participate in the global energy transition,” Statkraft President and CEO Christian Rynning-Tønnesen stated Thursday. “We […]

  • 7 November 2014
    Business & Finance

    In the third quarter of 2014, Statkraft achieved an underlying operating profit before depreciation (EBITDA) of EUR 268 million, compared with EUR 219 million in the corresponding period in 2013. Major currency effects and non-recurring items resulted in a net profit after taxes of EUR 487 million, compared with a loss of EUR 197 million in the third quarter of 2013. […]

  • 19 May 2015
    Business & Finance

    Statkraft has established a venture capital unit. Statkraft Ventures GmbH will invest up to 10 million EUR per annum in energy related start-ups. Dr Matthias Dill has been appointed as the unit’s managing director. “Statkraft has been a relevant player in shaping the rapid change of energy markets and aims to continue this role in […]