- Category: Onshore Wind
31 Jan 2013
- Published on Thursday, 31 January 2013 08:26
- Hits (1418)
Sweden’s Arise Windpower will begin construction on their first major wind power project in Norway by 2014.
The wind energy company has concluded a conditional agreement with Havgul clean energy AS for the acquisition of a project in Aremark municipality, Norway that is currently in the permitting process.
The project will use up to 45 wind turbines for a generation capacity of around 130 megawatts.
Arise Windpower is one of Sweden’s leading onshore wind power companies. It is currently pursuing a strategy of diversification by developing major wind farms in Norway and Sweden.
The company intends to develop these wind farms independently or in partnership with other long-term investors, such as the Aremark project where they are working with Havgul.
Havgul, which is headquartered in Oslo, is a Norwegian developer of large wind projects in Norway, Sweden and the United States.
Arise Windpower has set a target to have 1,000 MW of onshore wind power constructed and under management by 2017. Of this, half will remain in the ownership of the company. The current project portfolio of the company – mostly in southern Sweden – includes 900 MW distributed capacity, with 139 MW in operation and an additional 102 MW under construction. – EcoSeed Staff