Norway Energy Storage Projects 2025

Shell, Equinor, TotalEnergies to invest $714 million in carbon storage

OSLO, March 27 (Reuters) - Shell (SHEL.L), Equinor (EQNR.OL) and TotalEnergies (TTEF.PA) said on Thursday they will invest 7.5 billion Norwegian crowns ($713.66 million) into expanding their...

ABB to supply systems for Illvatn pumped storage plant, Norway

The project is intended to secure long-term renewable electricity supply for Norsk Hydro''s aluminium production and improve flexibility in its energy system. The facility will operate within the

Norsk Hydro Plans 84GWh Pumped Storage Project for Norway

Norsk Hydro, a Norwegian aluminum and renewable energy company, is planning an 84GWh pumped storage project in Luster Municipality, Norway. The Illvatn project, with an estimated

Hydro approves largest pumped hydro project in more than 20 years

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,

Standalone energy storage project financing options in Norway 2025

Energy storage projects (whether built on a stand-alone basis or paired with a renewable energy generation project) in the United States are eligible for investment tax

84 GWh pumped storage project planned for Norway

Norsk Hydro holds a 25.6% ownership share in the Røldal-Suldal facilities. The Illvatn pumped storage project, with an estimated price tag of NOK1.2 billion (US$113 million), is expected

Norway''s $2.8 billion full-scale carbon capture transport and storage

Heidelberg Materials is expected to start capturing CO 2 from the cement factory in Brevik in 2025, while the transport and storage project for Northern Lights in Øygarden is ready to receive

Hydro takes FID on EUR-214m pumped storage project in Norway

Norwegian aluminium company Norsk Hydro ASA (OSE:NHY) has made the decision to invest NOK 2.5 billion (USD 249m/EUR 214m) to build a pumped storage power plant at home to

Elinor Batteries to supply batteries for grid-scale energy storage in

October 21, 2025 – Elinor Batteries has been awarded the contract to supply battery solutions for three large-scale battery parks in Southern Norway, boosting energy storage capacity, reducing grid costs,

Hydro invests NOK 1.2 billion to build Illvatn pumped storage power

The Illvatn pumped storage plant will contribute increased energy production, reservoir capacity, as well as installed power capacity from our facilities in Fortun. As we take this major step,