-+ 0.00%
-+ 0.00%
-+ 0.00%

Statkraft applies for licence to build new Høyanger K5 hydropower plant

Barchart·08/21/2026 02:37:00
Listen to the news

(Høyanger, 21 August 2026) Statkraft applies for a licence from the Norwegian Water Resources and Energy Directorate (NVE) to build a new Høyanger hydropower plant and Breidal hydropower plant in Høyanger municipality. The hydropower plants will replace the existing Høyanger K5A and K5B hydropower plants and provide more renewable power for the industry and increased flexible capacity, without new reservoirs or additional water resources.


In May, Statkraft announced plans to invest NOK 80 billion in Norway over the next ten years. A new Høyanger K5 hydropower plant is an important part of the plan to upgrade and further develop Norway’s hydropower assets. The investment framework for the development is just under NOK 3 billion.

Read more at globenewswire.com

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.