Norwegian aluminium maker Norsk Hydro NHY.OL and two partners said on Monday they plan to build an onshore wind farm costing between 3 and 4 billion Norwegian crowns ($304 million-$405 million) on Norway’s west coast. The plant, if approved, would have output of 1 terrawatt hour (TWh) of electricity, providing renewable power to existing and … Continue reading Norsk Hydro plans wind farm to power industrial plants
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Wind energy PPA deals signed in Scandinavia
Norwegian aluminium company Norsk Hydro has signed a long-term Power Purchase Agreement (PPA) with the Green Investment Group. With a duration of 29 years, this is the world’s longest wind power purchase agreement. The Green Investment Group (GIG) has put forward €270 million to develop the 235 MW project in the Swedish town of Överturingen. … Continue reading Wind energy PPA deals signed in Scandinavia
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Hydro signs new long-term wind power contract for Norwegian aluminium portfolio
Norwegian aluminium company Norsk Hydro ASA’s wholly-owned subsidiary Hydro Energi AS has signed a long-term wind power contract for 29 years with Green Investment Group. The contract is believed to be the world’s longest corporate wind power contract. The agreement, which encompass building of a new wind farm near Sundsvall and Østersund in Sweden (SE2), … Continue reading Hydro signs new long-term wind power contract for Norwegian aluminium portfolio
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