Hydro plans to build a new pumped storage power plant in Luster Municipality, Norway. With construction starting in 2025 and operations beginning in 2028/2029, the total investment for the
In April 2020, the Norwegian Ministry of Energy granted Norsk Hydro a concession to develop the Illvatn pumped storage power plant. An application for a plan change is being processed
Hydro has made the final investment decision for its largest hydropower development in over 20 years. Construction of the Illvatn pumped storage power plant in the Luster Municipality will
Norsk Hydro has approved a US$120m net investment in the Illvatn pumped storage project in western Norway, its first major hydropower expansion in more than two decades, with
Norsk Hydro has made its final investment decision to build the Illvatn pumped storage power plant in Luster, Norway, marking its largest hydropower investment in more than 20 years.
Norwegian aluminium and renewable energy company Norsk Hydro ASA (OSE:NHY) today announced plans to build a NOK-1.2-billion (USD 115m/EUR 103m) pumped-storage power
The project involves constructing an 8 km tunnel to connect a lower reservoir called Fivlemyrane at 1,018 meters above sea level with the Illvatn reservoir at 1,382 meters, and the new
The plant will pump water from Fivlemyrane to Illvatn to increase reservoir capacity and winter production, and includes a new 13 kilometer power line which is planned to be built with power
Norsk Hydro has approved the construction of the Illvatn pumped-storage project in Luster, western Norway, the company''s largest hydropower development in more than 20 years,
Norway''s Hydro has committed to building the Illvatn pumped storage power plant, signaling a critical market shift where industrial players are directly investing in long-duration storage
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