Category Archives: Norway

Press Releases & News from Norway distributed via EuropaWire

Equinor’s Mendubim Solar Plant Powers Up, Boosting Brazil’s Renewable Portfolio

(IN BRIEF) Equinor celebrates the commencement of operations at the Mendubim solar plant in Brazil, adding 531 MW of solar power to its energy portfolio and marking a 30% increase in its equity power production in the country. The project, … Read the full press release

MacGregor Secures Major Crane Order for State-of-the-Art Cable Layer from VARD

(IN BRIEF) MacGregor, a part of Cargotec, has clinched a significant order to supply three cranes for installation on a cutting-edge cable layer from global shipbuilder VARD. The contract encompasses a 100-tonne active heave-compensated (AHC) crane, a 20-tonne offshore crane, … Read the full press release

Stora Enso and SEB Forge Path for Forest Industry Entrepreneurs with Innovative Financing Model

(IN BRIEF) Stora Enso’s innovative Harvesting Partner concept, aimed at fostering entrepreneurship and skillful operators in the forest industry, has expanded across Sweden, Finland, Norway, and Lithuania since its launch in November 2022. In collaboration with SEB, Stora Enso has … Read the full press release

Hydro and NKT Forge Partnership for Low-Carbon Aluminium Power Cable Innovation

(IN BRIEF) Hydro and NKT have announced a strategic partnership to develop a cutting-edge, low-carbon aluminium power cable value chain, aimed at facilitating the growth of Europe’s renewable energy grid. The collaboration, set to extend towards 2030, will focus on … Read the full press release

Hydro Rein Partners with IOWN Energy for Large-Scale Wind Power Projects in Sweden and Norway

(IN BRIEF) Hydro Rein, Hydro’s renewable growth venture, has struck a deal with Swedish renewable energy developer IOWN Energy to acquire an 80 percent stake in a 2.4 GW portfolio of wind power projects in Sweden and Norway. The partnership … Read the full press release

DNV Facilitates Macquarie Capital’s Investment in ChargeZone: Accelerating India’s EV Charging Infrastructure Expansion

(IN BRIEF) DNV played a crucial role in facilitating Macquarie Capital’s decision to invest in ChargeZone, a leading Indian provider of EV charging infrastructure. Conducting technical due diligence (TDD) for the investment, DNV leveraged its expertise in the EV industry … Read the full press release

Equinor Resumes Helicopter Flights After Safety Review

(IN BRIEF) Equinor, following consultation with the Civil Aviation Authority, has made the decision to resume flights with Sikorsky S-92 helicopters to installations on the Norwegian continental shelf (NCS). This decision comes after a temporary suspension of all flights following … Read the full press release

NIB Signs Loan Agreement with Arva AS to Enhance Northern Norway’s Electricity Distribution Network

(IN BRIEF) The Nordic Investment Bank (NIB) has entered a 7-year loan agreement with Arva AS, a Norwegian distribution grid operator, to bolster the efficiency and resilience of the electricity distribution network in Northern Norway. Valued at NOK 500 million … Read the full press release

Yara Brasil and Petrobras Forge Partnership to Drive Decarbonization in Fertilizer and Industrial Sectors

(IN BRIEF) Yara Brasil Fertilizantes S.A. (Yara) and Petrobras have entered into a non-binding Memorandum of Understanding (MOU) aimed at exploring potential business collaborations concerning the production and decarbonization of local fertilizer and industrial products in Brazil. With Brazil being … Read the full press release

Leading the Charge: Nordic Leaders Fortum and Hydrovolt Team Up to Revolutionize Battery Recycling

(IN BRIEF) Fortum Battery Recycling and Hydrovolt, two prominent players in sustainable battery recycling, have formed a strategic alliance to drive the Nordic battery industry forward. Hydrovolt will supply black mass generated from EV battery recycling to Fortum’s plant in … Read the full press release

Aluminium Giant Hydro Collaborates with HILT CRC on Emission Reduction

(IN BRIEF) Hydro, a global aluminium producer, has partnered with the Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC) to advance decarbonization efforts. Through this collaboration, Hydro aims to leverage research expertise and innovative technologies to reduce emissions in … Read the full press release

UK Energy Transition Outlook 2024: DNV Highlights Need for Policy Clarity

(IN BRIEF) DNV, a leading independent energy expert, released its 2024 UK Energy Transition Outlook (ETO) report, highlighting the urgent need for the UK Government to prioritize long-term policy clarity and consistency to drive the transition away from fossil fuels. … Read the full press release

DNV’s ReWind Pilot Demonstrates Cost and Time Savings in Wind Turbine Decommissioning

(IN BRIEF) DNV has successfully piloted ReWind, a digital service aimed at enhancing the sustainability of wind turbine decommissioning. The pilot involved seven customers across seven countries, resulting in significant time and cost savings compared to traditional methods. ReWind automates … Read the full press release

Skanska and Obos Invest NOK 1.1 Billion in Sustainable Residential Block in Fornebu, Norway

(IN BRIEF) Skanska, in partnership with Obos, announces a NOK 1.1 billion investment in a new residential block in Fornebu, Norway, with Skanska’s share amounting to NOK 555 million. The construction contract, valued at NOK 533 million, will be executed … Read the full press release

Equinor and Deepak Fertilisers Forge Long-Term LNG Supply Partnership

(IN BRIEF) Equinor and Deepak Fertilisers have inked a significant 15-year agreement for the supply of liquefied natural gas (LNG), commencing deliveries in 2026. Drawing from Equinor’s expansive global LNG portfolio, which encompasses production from the Hammerfest LNG Plant in … Read the full press release

Norsk Hydro ASA Secures USD 1 Billion Credit Facility for General Corporate Purposes

(IN BRIEF) Norsk Hydro ASA announced the signing of a USD 1,000 million revolving multi-currency credit facility on February 15, 2024. The facility, with a two-year tenor and a one-year extension option, replaces the company’s previous undrawn USD 1,300 million … Read the full press release

DNV and Renji Hospital Extend Successful Collaboration into Seventh Year, Reinforcing Commitment to Medical Quality Certification

(IN BRIEF) DNV and Renji Hospital in Shanghai proudly announce the renewal of their partnership, continuing their successful collaboration into its seventh year. Renji Hospital’s international department has actively participated in DNV’s International Medical Quality Certification Programme since 2017, aiming … Read the full press release

Yara Reports Lower Fourth-Quarter Earnings but Sees Positive Market Trends for 2024

(IN BRIEF) Yara, a leading fertilizer company, announced its fourth-quarter financial results, revealing a decline in earnings compared to the previous year due to lower market prices and one-off position effects. Despite this, the company’s EBITDA stood at USD 586 … Read the full press release

DNV Releases Major Update to Standard DNV-ST-N001, Enhancing Safety and Efficiency in Offshore Marine Operations

(IN BRIEF) DNV unveils a substantial revision to the widely utilized standard, DNV-ST-N001, aimed at guiding the design and planning of marine operations for offshore wind farms, subsea cables, and oil and gas assets. The update, the first in five … Read the full press release

Solcast’s Satellite Irradiance Data Validated as Bankable by DNV, Enhancing Solar Energy Market Confidence

(IN BRIEF) Solcast, a DNV Company specializing in solar irradiance historical actuals and forecasting, celebrates a significant achievement as DNV validates its satellite irradiance data as bankable. With over 600 million data values per hour generated using live satellite imagery, … Read the full press release