26 Aug '13, 2pm

Norway Approves $3 Billion for Wind Power Plants to Triple Capacity

Oslo, Norway -- Norway has awarded concessions to build eight new onshore wind farms for about 20 billion kroner ($3.3 billion) in a bid to triple the country’s capacity to more than 2 gigawatts by 2020. Concessions given SAE Vind DA, Sarepta Energi AS and Zephyr AS would add 1.3 gigawatts of wind power , which could produce 3.7 terawatt-hours, enough to supply 185,000 households for a year, the Petroleum and Energy Ministry said in a statement today. The concessions in the Trondheim area also include a power line to be built by Statnett SF, which operates the Norwegian electricity grid. “This is a historic day for Norway’s wind -power production,” Petroleum and Energy Minister Ola Borten Moe said in the statement. The new capacity will “represent a significant part of Norway’s renewables commitment.” Norway aims to have 67.5 percent of its energy consumption from renewabl...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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