Tagged: hydropower

Norway and the road towards renewable energy

Linn Chloe Hagstrøm The Norwegian American During the past two years, more than one in 10 oil industry jobs disappeared from the Norwegian continental shelf, according to VG. The Norwegian national economy has been...

Wind power – the paradox of plenty

Norway is blessed with abundant hydropower resources, holding approximately half of Europe’s reservoir capacity, and is the only industrialized nation meeting almost all of its domestic electricity needs through hydropower. However, Norway still needs...

Renewable energy hat-trick for Hydro

Hydro is planning the first groundbreaking for the Holsbru project this fall. In addition, the company has delivered a concession application for two hydropower projects in Sogn. Altogether, the three projects will increase Hydro’s...

Statkraft upgrades renewable power generation in Norway

Statkraft has decided to spend more than NOK 1 billion upgrading hydropower facilities. In western Norway, the new power plants Eiriksdal and Makkoren will replace older facilities, while Nedre Røssåga power plant in northern...

Norway to increase renewable energy investment

NEW DELHI: Wanting to further its ties with India, Norway is planning to increase its investment in the country in the area of renewable energy, including solar and hydropower. “Solar energy is one of...

Norway #10 on Forbes “Best Countries for Business 2009”

The economic downturn that’s swept the globe has crushed financial markets, exploded unemployment and shaken confidence in the banking system. The disaster isn’t shared equally, though, writes Forbes. Some countries are in a much better position...

Statkraft acquires hydropower projects in Turkey

Statkraft AS and Global Investment Holdings, a Turkish diversified holding company, have signed an agreement to transfer hydropower projects to Statkraft. Under the agreement Statkraft acquires Yesil Enerji, a company with controlling interests in...