Statkraft to build 2.5 to 3 GW of renewable power plants annually worldwide from 2025 onwards

Norwegian state-owned energy company Statkraft today (May 24) announced its expansion targets for wind and solar farms and green hydrogen at the E-world energy & water trade fair in Essen, Germany. »Statkraft’s ambition is to become a leading global renewable energy producer, building 2500-3000 MW per year, equivalent to one new power plant every ninth day from 2025,« said Stefan-Jörg Göbel, Statkraft Country Manager in Germany. A significant portion of that will be in Germany: »We are building an organisation that will be able to develop and build around 300 to 500 MW of wind and solar capacity in Germany every year from 2027.« By 2030, the company plans to operate an installed capacity of 2,000 MW of wind and solar in Germany.
Statkraft has also reiterated its goal to become a leading supplier of green hydrogen in selected European markets. In Germany, the company plans to have at least 250 MW of installed electrolysis capacity operational in 2030.
Sascha Schröder, Vice President Central European Origination, praised the German changes to the Renewable Energy Law and related legislation, but warned against the mandatory introduction of Contracts for Difference (CfD). Rather, these should stand side by side with freely formulable power purchase agreements (PPAs),
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