EnergyWatch

Statkraft partnership enters license agreement for bio plant

Silva Green Fuel, a joint venture between Statkraft and Swedish cooperative Södra, has entered a partnership with a Danish-Canadian company to install a demonstration plant based on biofuels.

Photo: PR-foto: Statkraft/Södra

Via their partnership Silva Green Fuel, Statkraft and Swedish cooperative Södra have entered a license agreement with biofuel company Steeper Energy to install an upcoming demonstration plant in Norway.

The plant is valued at EUR 50.6 million and for Silva the partnership marks the "first step" towards the company producing bio fuels to the transport sector at an industrial scale, reads a press release from Danish-Canadian Steeper Energy.

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