EnergyWatch

Newly purchased farms herald Statkraft's big European push

This week, the Norwegian utility adds wind capacity of 346MW to its portfolio, which will only grow larger in the coming years. Both optimization and power sales will add value, says solar and wind boss.

Photo: StatkraftPR

The ambition of becoming a global leader is alive and well at Norwegian power utility Statkraft.

Monday this week, the company announced new purchases in Germany and France, adding 346MW of wind power to the portfolio, thereby bring Statkraft's combined wind capacity up to 2.3GW – a figure that will continue to grow substantially if the group is to hit its target to develop 2.5-3GW of renewables annually up to 2025.

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