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Statkraft turbine order for Albania projects

25.07.13

Statkraft, Europe's largest producer of renewable energy and the leading power company in Norway has awarded Alstom a contract worth around EUR100 million to supply 6 Francis turbine-generator units to its subsidiary in Albania. The turbines will be supplied to Statkraft’s new hydropower plants on the Devoll river, southern Albania.


Albania relies on hydropower for about 90% of its electricity production. The Devoll hydropower project is currently the first large scale public-private-partnership investment in the country and one of the largest hydropower investments in the Balkans. With a total capacity of 243 MW, the Devoll river project will generate approximately 700 GWh of renewable, environmentally-friendly energy each year and increase the current electricity production in Albania by approximately 17%.

The deal underlines the strong Statkraft and Norwegian push to develop renewable energy generation in Europe and elsewhere based on the strong renewable energy heritage and expertise. Statkraft’s CEO Christian Rynning-Tønnessen will speak about Statkraft’s international strategy at INTPOW Renewable Energy Forum 2013 Seehttp://event.intpow.com for more details.

Source: http://online.wsj.com



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