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Norway

Norway’s residential PV market saw small contraction in 2020

Around 31.7 MW was installed and 1,613 rooftop PV systems were deployed under the Plusskundeordningen solar rebate program last year. This compares to 31.9 MW and 1,666 projects a year earlier. Low power prices and policy confusion are the main causes of this slight market contraction.

Plans for Norwegian graphite battery factory

Norwegian polysilicon maker and silicon business Elkem is planning to build a manufacturing facility in Herøya.

Norway extends support for rooftop PV

The Norwegian government has decided to postpone the planned reduction of the Plusskundeordningen solar-rebate program, currently managed by the Norwegian Water Resources and Energy Directorate, until the end of this year.

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Norway deployed 51 MW of solar in 2019

The figure took the nation to a cumulative 120 MW at the end of the year, according to figures published by Norwegian solar industry organization the Solenergiklyngen. Around 2 MW of the capacity added in 2019 came in the form of off-grid projects.

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Norway’s $1tn wealth fund to invest in unlisted renewables

The world’s largest sovereign wealth fund will invest in non-listed infrastructure, with the government stressing such commitments will not be a climate policy measure but an investment strategy. The fund had already announced an intent to gradually divest holdings in oil and gas companies and related projects.

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Norway saw 23.5 MW of solar come online in 2018

Despite the small figure, last year saw the nascent Norwegian PV market expand 29% from the previous year. The country’s cumulative installed PV capacity reached approximately 68 MW at the end of December.

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Norwegian solar market grew by 59% in 2017

The country’s cumulative installed PV capacity reached 45 MW at the end of last December. Newly installed PV systems for 2017 totaled around 18 MW, which was the largest annual growth ever registered in the Norwegian PV market.

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Norwegian firm signs 2 GW, $2.9bn solar project deal in Iran

Saga Energy, a partner of Taiwan’s Delta Group, has inked a €2.5 billion deal to construct 2 GW of solar PV in Iran, working alongside local partner Amin Energy. Company also hopes to build module fab in the country.

Sweden’s electricity certificate system sees share of solar increase

According to provisional figures, the amount of PV capacity operating in the Norwegian-Swedish electricity certificate market, mostly located in Sweden, has almost doubled in 2016.

Norway’s oil producer Statoil eyes first investments in solar

The Norwegian oil company confirmed it is evaluating new business opportunities within solar. The company launched a $197 million fund dedicated to renewable energies in February 2016.

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