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Statkraft and Inovyn sign 130MW hydropower PPAs

Statkraft and INEOS Inovyn have signed two new long-term power agreements for electricity from Statkraft’s hydropower assets in Norway.

TotalEnergies bags two Danish carbon storage licenses

TotalEnergies has been awarded two licenses to explore CO2 storage potential in the Danish North Sea.

Masdar and Verbund sign green hydrogen pact for Central Europe

MoU focuses on developing pathways to produce and export hydrogen for Austria and southern Germany

Statkraft and Nel unite to create hydrogen economy in Norway

Plans to create green hydrogen value chain in Norway are underway in collaboration between Norwegian companies.

Sumitomo Electric expands battery business to US

Sumitomo Electric Industries has announced that it will expand its redox flow battery business in the United States.

French nuclear fleet failure, drought and war to blame for record power prices in 2022

Last year Europe saw very high levels of wholesale power prices, driven by gas prices that repeatedly broke all-time high records.

CIP enters Irish offshore market with landmark Statkraft deal

CIP has acquired a 50% stake in Statkraft’s offshore wind portfolio in Ireland, supporting CIP's aim to develop 2.2GW of offshore wind in the country.

‘Shock therapy’ spurs the rise of next generation renewables investors

Corporate buyers turn to long-term clean energy PPAs to hedge against rising and volatile electricity prices  The number and volume of renewable energy power purchase...

Norway’s energy firms hacked

In a major cyberattack on the energy sector, 50 Norwegian companies have been hacked and another 250 have been warned that they are at risk and should check their computer systems.

Merger to create Norway’s biggest hydropower player

A merger is to create the biggest player in Norway's hydropower market as well as the largest operator of small-scale hydro plants in Europe.
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