first_imgNorway’s Statkraft looks to ‘ramp up’ its solar, wind development efforts FacebookTwitterLinkedInEmailPrint分享Recharge News:Norwegian utility Statkraft has unveiled a revised strategy that will see it “significantly ramp up as a wind and solar developer” with ambitions in Europe, India and South America.The group will also look for new business opportunities in renewables and decarbonisation in Norway and beyond, as the hydro-focused group seeks to combine “flexible hydropower and intermittent onshore wind and solar power to deliver reliable, renewable and cost competitive energy,” said CEO Christian Rynning-Tønnesen.Statkraft also laid out an updated geographical focus for the new approach, which it said was driven in “response to technological developments” in each sector.In the Nordics it plans to “optimise” its hydro portfolio, complete the 1 GW Fosen onshore wind project, and “lead the Norwegian energy transition” by pursuing growth in areas such as EV charging, hydrogen and biofuels.In the rest of Europe, South America and India, Statkraft will pursue wind and solar development opportunities, as well as boosting its hydro portfolio.Statkraft operated just under 1 GW of wind capacity by the end of 2017, according to information on its website.More: Statkraft plans wind and PV ramp-up under revised strategylast_img