Energy giant Statkraft intends to develop 4GW of onshore renewables each year by 2030, an acceleration of its previous 2025 target of 2.5GW – 3GW.
By the end of the decade Statkraft aims to have developed 30GW of renewables capacity which will mostly come from solar PV, wind and battery storage and would increase its current annual power generation by 50% to nearly 100TWh per year by 2030.
The updated growth strategy will be focused on four “strategic pillars” which are hydropower; accelerating solar, wind and battery storage; provide market solutions to customers and the scaling up of green energy technologies such as green hydrogen, biofuel or electric vehicles (EVs) chargers.
Among those green energy technologies, Statkraft intends to reach 2GW of green hydrogen production capacity by 2030, both by continuing developing in Nordic markets (Norway and Sweden) as well as expanding in newer markets.
Statkraft recently collaborated with Aker Horizons with the intention to explore possible green hydrogen projects in India and Brazil.
[Jonathan Tourino Jacobo]