Romania: Electricity consumption slightly...

According to data from the National Institute for Statistics (INS), electricity consumption in...

Greece: PPC advances major...

The PPC Group is accelerating renewable energy projects in northern Greece, focusing on...

Greece: Natural gas demand...

The Greek natural gas transmission system operator DESFA reported that total natural gas...

Bosnia and Herzegovina: RS...

The Ministry of Energy and Mining of the Republic of Srpska (RS) has...
Supported byClarion Energy
HomeSEE Energy NewsCroatia: Statkraft to...

Croatia: Statkraft to sell renewable energy projects

Norwegian energy company Statkraft has announced plans to divest its renewable energy and battery storage projects in Croatia, along with assets in the Netherlands and India. This strategic move aims to redirect efforts toward markets with higher growth potential.

In May, Statkraft completed the acquisition of various wind, solar, and battery storage projects from French company Neoen in Croatia, expressing its intent to accelerate growth in this sector. However, in June, the company unveiled a revised strategy that shifted its focus and set less ambitious goals in solar energy, onshore and offshore wind, battery storage, and hydrogen.

Earlier this week, Statkraft confirmed its decision to sell its onshore wind, solar, and battery operations in Croatia and the Netherlands, as well as hydropower and solar production assets in India. The company is now prioritizing markets with strong potential in the Nordic region, Europe, and South America.

In Europe, Statkraft plans to reinforce its position in renewable energy by optimizing its portfolio to enhance scale, strength, and profitability in high-potential markets. The company will concentrate on investments in hydropower in Norway and continue its global market operations. Additionally, it aims to gradually develop an industrial role in offshore wind power production in Northern Europe and invest in green hydrogen production.

Outside Europe, Statkraft is shifting its focus to South America, where it sees significant opportunities for expansion and the application of its core competencies.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania: Electricity consumption slightly declines in first eight months of 2025, solar generation surges 35%

According to data from the National Institute for Statistics (INS), electricity consumption in Romania during the first eight months of 2025 totaled 33.3 TWh, a decline of 0.8% compared to the same period in 2024. Industrial electricity consumption reached 25.06...

Greece: PPC advances major solar and energy storage projects

The PPC Group is accelerating renewable energy projects in northern Greece, focusing on the former lignite power plant sites of Ptolemaida, Kardia, Agios Dimitrios, and Amyntaio. Once fully operational, the solar power plants currently under construction are set to...

Greece: Natural gas demand surges 16.7% in first nine months of 2025 driven by exports and LNG growth

The Greek natural gas transmission system operator DESFA reported that total natural gas demand, including exports, reached 56.36 TWh in the first nine months of 2025, up 16.7% from 48.31 TWh in the same period in 2024. The main driver...
Supported byVirtu Energy
error: Content is protected !!