Statkraft will start sale of its stakes in two UK wind parks

15/06/2017 10:35 Wind


Norway's state-owned electricity company Statkraft will this month offer for sale its stakes in two wind parks off Britain's coast, Sheringham Shoal and Dudgeon, and wants to reach an agreement early in 2018, as stated by a spokesman for the firm on Tuesday.

The company, Europe's biggest producer of hydropower which has been hit by low electricity prices in the Nordic region, made known about plans to divest its stakes in UK offshore wind farms last year but had offered no schedule.

Statkraft targets to sell its 40 percent stake in 317-megawatt (MW) capacity Sheringham Shoal, which began in 2012, and to sell its 30 percent stake in 402 MW Dudgeon, which should be operational by the end of 2017.

The two Statoil-controlled farms off Britain's Norfolk coast can provide over 600,000 British homes with renewable energy.

Possible acquirers of Statkraft's stakes might comprise a recently created green energy fund set up by ex-chief executives of Norway's telecom companyTelenor and Sweden's energy firm Vattenfall, Jon Fredrik Baksaas and Lars G. Josefsson, as reported on Tuesday in the Norwegian business daily Dagens Naeringsliv.


252 chargers for electric vehicles until 2020 will be provided within NEXT-E project

20/11/2017 16:35:00

NEXT-E project will supply 222 fast (50 kW) and 30 ultra-fast (150-350 kW) chargers for electric vehicles for Czech Republic, Slovakia, Hungary, Slovenia, Croatia and Romania by the end of 2020, as reported by Balkan Green Energy News.


Luxembourg to become a European funding center for renewables

20/11/2017 16:21:00

At the COP23 summit held in Bonn, Luxembourg’s finance and environment ministers met directors of the European Investment Bank to discuss about the institution of a de-risking mechanism to allow the financial backing of ecologically-friendly projects. Luxembourg is a very small country but releases a big amount of emissions and wants to become less polluting.


UK Embassy launches solar power unit in Peru

20/11/2017 11:05:00

A solar project backed by the UK has been officially launched in Peru.