Free-market success will require accepting merchant risks and even ‘reverse subsidy’ logic of paying for grid access, say developers, investors and utilities gathered at Munich event.
Norwegian utility Statkraft has partnered with flow machine specialist redT on a fully-financed solar-plus-storage offering for the UK’s thriving C&I renewables market.
Spanish energy sourcing platform Fortia Energia has signed a 10-year power purchase agreement (PPA) with Norwegian renewables firm Statkraft for power supply to large industrial customers in Spain and Portugal, mainly from Statkraft's wind and solar portfolio.
Norwegian state-owned electricity company Statkraft plans to reach 2GW of solar by 2025, as part of a NOK1 billion (US$1.2 billion) investment in renewable energy.