• Connect With Us:
  • Norway's Statkraft reveals hydropower plant rehab plan in latest quarterly report

    Statkraft Logo

    Norwegian state-owned utility Statkraft has announced its intention to invest near US$2 billion through 2018 for upgrades and modernization to its hydroelectric power fleet.

    The company announced the program in its latest quarterly statement that was released earlier this week.

    Statkraft said the rehabilitation works are primarily intended to extend the life of its hydropower plants, meaning increases to the company's cumulative hydropower output will likely be insignificant.

    The report shows that hydropower accounted for about 95% of Statkraft's total output in 2013. The company has hydroelectric assets in Norway, Finland, Sweden, Germany, the United Kingdom, Peru, Chile, Brazil, Sri Lanka, India and the Philippines.

    HydroWorld.com reported in June 2013 that the company had signed an agreement with the Norwegian Investment Fund for Developing Countries (Norfund), expressing the group's intention to restructure and prolong their cooperation within renewable energy.

    The company also announced its entry into the Albanian market that same month.

    Hydro Industry Financials

    Buyers Guide Products

    Modernization and renewal

    TOSHIBA contributes to numerous modernizations ...

    TES VSETIN Service Activities

    Installation and initiation Operator training W...

    Generators and Motor Repair

    Service Activities: Installation and initiation...

    Hydropower Generation Services OnSite

    We evaluate each situation and provide turnkey ...

    Maintenance & Construction Services

    NAES is a leading provider of construction, ins...

    Analysis, Repair & Upgrade Spring-bed Hydroelectric Bearings

    Pioneer offer you the less expensive option to ...

    Most Read Articles

    Recent Comments

    Buyers Guide Companies

    SBIW Inc

    Rehabilitation of turbine, generator and auxili...

    Shenyang Getai Hydropower Equipment Co Ltd

    Manufacturer of steel runner for water turbine,...

    Alstom

    Alstom provides products and services for turnk...

    Ayres Associates

    Provides inspection and FERC compliance, rehabi...

    HydroWorks Ltd

    Designs and manufactures Pelton, Francis and Ka...

    Continuing Education

    Professional Development Hours
    To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

    03/01/2014
    Volume 33, Issue 2
    file
    01/01/2014
    Volume 22, Issue 1
    1401hrw-cvr

    Archived Articles

    2006 | 2007 | 2008 | 2009 | 2010 2011 | 2012 | 2013
    Hydro Review Past Issues

    Premium Content AD Promo Space