Statkraft CEO Christian Rynning-Tonnesen
Statkraft on track for 9GW renewables by 2025
Utility will continue to develop 3GW/yr of renewable capacity after 2025
Norwegian utility Statkraft is on track to develop 9GW of renewable energy by 2025 followed by around 3GW/yr after that point. The firm has 1.2GW of completed capacity and 1.4GW under development, including four solar plants in Spain and a solar farm in Ireland. “Statkraft continues to deliver on the strategy and has decided to construct several solar farms in Europe,” says CEO Christian Rynning-Tonnesen. Statkraft is also bidding with BP to develop offshore wind in the Norwegian North Sea. It will spend around 50pc of its net annual investments in the coming period on the development of wind and solar. It will also invest heavily in hydropower. Renewables and hydrogen In its Low Emissions
Also in this section
18 June 2025
Gas Processors Association Europe brings together leading specialists at annual event in Netherlands to analyse the challenges and opportunities presented by technology at heart of Europe’s decarbonisation strategy
10 June 2025
Eni’s CCUS deal with BlackRock’s Global Infrastructure Partners reflects a growing belief among big investors in the CCUS growth story
3 June 2025
Africa faces challenges in adopting CCS but also has vast potential, with the technology being not just a climate tool but a catalyst for development
2 June 2025
Rather than a simple climate option, CCS is now being seen as a workable solution for Africa’s growth strategy
