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Telenor, Hydro Sign 10-year Deal for the Supply of Renewable Energy

Telenor, Hydro Sign 10-year Deal for the Supply of Renewable Energy Image Credit: Hydro

Telenor Infra has signed a 10-year power purchase agreement (PPA) with Hydro Energi for a total supply of 330 GWh annually from the Stor-Skälsjön wind park in Sweden, co-developed by Hydro Rein.

Telenor Infra has signed a 10-year power purchase agreement (PPA) with Hydro Energi for a total supply of 330 GWh annually from the Stor-Skälsjön wind park in Sweden, co-developed by Hydro Rein.

The 260 MW Stor-Skälsjön wind power project is located in Sundsvall and Timrå municipalities in Sweden (SE2). The park will comprise of 42 turbines. Construction has started and commissioning is planned for autumn 2023. It is partly owned by Hydro Rein, Hydro’s venture into renewable growth.

The 10-year contract with Telenor Infra will start when the park starts operations, and the power will be used to cover Telenor’s Norwegian consumption. Hydro Energy is responsible for commercial handling at Stor-Skälsjön and delivering of power from the wind park to Telenor.

Olivier Girardot, Head of Hydro Rein
We are looking forward to supply Telenor with renewable power as part of their sustainability agenda. When companies like Telenor are committing for the long term offtake of power from wind projects not yet in operation, they are contributing to new capacity of renewable power, as well as decarbonizing the Nordic power market.

Cecilie Heuch, Executive Vice President, Chief People and Sustainability Officer at Telenor Group
As part of Telenor Group’s commitment to reduce our greenhouse gas emissions and meet our science-based targets, we are pleased to have entered into this agreement with Hydro for the provision of renewable energy to our operations in Norway. For Telenor to reduce our greenhouse gas emissions, sourcing renewable electricity is key, and Power Purchase Agreements are our preferred mechanism to do so, as they can contribute to new capacity of renewable energy.

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

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