Norwegian energy company Statkraft has announced that president and CEO Christian Rynning-Tønnesen will leave the company after more than 13 years in office.
Norwegian renewable energy solutions provider Scatec has signed an agreement to sell its 42% equity share in a solar plant in South Africa to a subsidiary of a fund managed by asset manager Stanlib Asset Management Proprietary Limited.
Spanish multinational electric utility company Iberdrola has partnered with Norges Bank Investment Management to invest in 1,265MW of new renewables capacity in Spain, with solar plants making up 80% of the portfolio.
Elkem has been given NOK16 million (US$1.78 million) from the Research Council of Norway to develop a silicon manufacturing process that eliminates all direct CO2 emissions associated with its production.