- Statkraft is investing in Norwegian hydropower, resulting in construction contracts being awarded to Karmøy-based contractors.
- Aker Solutions secured a contract in Norway to supply equipment for a hydropower plant in Volda.
Aker Solutions to Modernize Nes Power Station for Hafslund Kraft
What happened
Aker Solutions was awarded a contract by Hafslund Kraft for the modernization of Nes Power Station in Buskerud, Norway. The project aims to increase the station's capacity by approximately 80 MW and annual production by about 37 GWh. Aker Solutions' scope includes replacing turbine components for four Francis units and upgrading governor control systems. The contract also requires the delivery of a digital twin to optimize plant operations.
From energy-pedia.com
Why it matters
The modernization of Nes Power Station, a major contributor of renewable energy in Norway, will extend the plant’s operational lifetime and secure reliable power supply. This project supports the broader trend of investment in Norwegian hydropower assets.
Statkraft is investing in Norwegian hydropower, which has resulted in construction contracts being awarded to Karmøy-based contractors.
From energy-pedia.com
Who's involved
- Aker SolutionsAwarded the contract for the modernization of Nes Power Station.
- Hafslund KraftAwarded the contract for upgrading its Nes Power Station asset.
- NorwayThe country where the Nes Power Station modernization project is taking place.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Aker SolutionsSpeculative
Could see increased revenue from securing a major, long-term contract for hydropower modernization.
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The entities involved
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Aker Solutions
company
Nothing else this week.
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Hafslund Kraft
Norwegian electric power company
Nothing else this week.
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Norway
country in Northern Europe