Our initiatives
March 10, 2025After years of investment, the global battery manufacturing capacity reached 3 TWh in 2024, and over the next five years, production capacity could triple if all announced projects are completed, according to the International Energy Agency (IEA).
March 10, 2025A major wind energy project in Botosani County aims to reach 1,200 MW of installed capacity by 2031, with nine wind farms planned. In the short term, two renewable energy projects are set to begin operations in 2025.
March 6, 2025The technology continues to gain prominence in the UK energy market, representing 9.15% of the total awarded capacity in the auction and surpassing other renewables and strengthens its role in grid stability. What key trends do these results reveal?
March 6, 2025The largest battery site in Europe has commenced operations in the UK. The 200MW/400MWh Blackhillock site in Moray, Scotland, is now live, with a further 100MW scheduled to come online in 2026, making a total of 300MW/600MWh.
March 6, 2025Net operating revenues stood at €4.6 billion in 2024, compared to €5.7 billion the previous year, while underlying operating profit (EBIT) decreased to €2.3 billion from €3.6 billion in 2023. This is one of the best EBIT figures in Statkraft’s history, despite significantly lower prices. New wind assets in Spain contributed to the group’s increased production, which reached 66.3 TWh in 2024 (+7%).
