MNI BRIEF: German Insolvency Rate Slows, 2025 Pickup Expected

MNI China Daily Summary: Tuesday, December 10

MNI BRIEF: China Nov Exports Slows, Imports Slide

MNI BRIEF: Brazil Annual Inflation Rises To 4.87% In November

MNI BRIEF: China Crude Oil Imports Accelerate In November

CHINA NOV EXPORTS +6.7% Y/Y VS MEDIAN +8.9% Y/Y: CUSTOMS

US NFIB NOV SMALL BUSINESS INDEX 101.7

MNI: GERMAN NOV CPI +2.2 % Y/Y

MNI: NORWAY NOV CORE CPI +0.1% M/M, +3% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Statkraft Revised Down Renewable Capacity Addition Targets

POWER

Statkraft has revised down its renewable capacity additions targets and now aims to develop 2-2.5GW of new solar, onshore wind and battery storage per year from 2026, according to the Q2 results.

  • The target was revised down from 2.5-5GW per year from 2025 and 4GW per year from 2030.
  • So far this year, Statkraft has made new investment decisions for 124MW of renewable capacity.
  • Statkraft also finalised the acquisition of Spanish renewables firm Enerfin in Q2 – adding 1.5GW of wind and solar projects to its portfolio.
  • The firm’s power generation capacity now exceeds 21GW as of Q2, with a flexible portfolio of projects under development of around 21GW.
  • Statkraft’s power generation in Q2 stood at 14.4TWh, up by 1.3TWh on the year, supported by an increase in hydropower generation in Norway (+0.3TWh) and higher generation capacity in Germany and Brazil (+0.8TWh).
  • The firm also plans to add 6-8GW of new offshore wind by 2040 in Northern Europe.
Homepagemarkets-real-timeBulletPower Bullets
Homepagemarkets-real-timeBulletPower Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.