Statkraft replaces turbines in Spain to increase capacity
Montes de Cierzo reduces turbine count by 82 percent while boosting output from 60MW to 90MW, supporting EU wind dominance.
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Renewable energy generation and energy trading company
statkraft.comLast updated
In short: Statkraft posted strong 2026 results, unveiled an NOK 80bn hydropower investment plan and retreated from green hydrogen.
Montes de Cierzo reduces turbine count by 82 percent while boosting output from 60MW to 90MW, supporting EU wind dominance.
Høyanger K5 receives a capacity doubling after 60 years. The new installation will power 49,000 households with renewable energy.
With Greenvolt Power, the agreement covers 400 MW capacity in Poland to support grid stability and renewable integration for ten years.
The deal supplies 876 GWh annually from 2031 to 2040 in Norwegian price area NO5, supporting stable energy costs for aluminium production.
"Statkraft should be a tool for low electricity prices in Norway, not the opposite," says Sp leader Trygve Slagsvold Vedum.
The developer could not meet several environmental requirements required to build the facility and decided to withdraw from the process after 6 years of procedures...
Statkraft and Greenvolt Power have signed a 10-year tolling agreement covering 400MW of BESS across two operating projects in Poland.
The Mapuche indigenous people believe the Norwegian company has violated their human rights for over 10 years. The Ministry of Trade and Industry will not answer whether Statkraft is breaking the law.
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