(OFF) KOWL 200,000 MWH P/A STARTS OPERATING

The installation of the wind turbines at Kincardine, the world’s largest floating wind farm, has marked the start of the long-term Power Purchase Agreement (PPA) between Statkraft and Kincardine Offshore Windfarm Ltd (KOWL).

The 50 MW Kincardine floating wind farm will provide over 200,000 MWh per year to the Scottish grid, enough to power over 50,000 homes, Statkraft said.

Statkraft will purchase all electrical output from the floating wind project with a guaranteed minimum price per MWh until 2029. 

This long-term route-to-market partnership with Statkraft, which is for 100 per cent of the electricity generated by the project, has been set up with pre-agreed terms for the full duration, reducing the financial risk to its investors - link - Adnan Durakovic - link - more like this - link

STATKRAFT AWARDED CONTRAT TO DELIVER GREEN HYDROGEN

Through the Green Shipping Program, HeidelbergCement and Felleskjøpet announced a tender to supply green hydrogen for a zero-emission bulkship. 

The ship will transport grain from Eastern Norway to Western Norway and rock/gravel on its way back and will be operated using emission-free green hydrogen in the combination with rotor sails. 

Earlier this spring, the parties chose Egil Ulvan Rederi AS as their shipping company and have now awarded Statkraft and Skagerak Energi the contract for delivery of green hydrogen in competition with more than ten suppliers.

"Statkraft is Europe's largest producer of renewable power, and the production of renewable hydrogen and hydrogen-based fuels is in line with our strategic ambitions. 

This contract is an important milestone in our efforts to establish Statkraft as a leading hydrogen producer in Norway and Sweden and fits well with the series of other initiatives we have on hydrogen for sea and land transport," says Birgitte Ringstad Vartdal, Executive Vice President at Statkraft - link - more like this - link - more like this (Sweden) - link