Norwegian energy storage solar power company

Who is Norsk renewables?

Norsk Renewables AS, formerly called Norsk Solar, is a vertically integrated independent power producer with a commercial offering that includes solar, wind, and storage. We are passionate about the clean energy transition, and we proudly focus on markets where we can significantly impact CO2 reduction, and enable sustainable growth.

Can Norway install solar panels on water?

The country lacks empty land spaces to install solar farms but they are planning to generate solar energy on the surface of the water. Norway’s idea is to install floating solar panels on hydropower reservoirs where a large amount of water is collected.

How much thermal power does Norway produce?

However, since 2012, the thermal power production has stayed between 3.3 to 3.6 TWh. In 2018, thermal power covered 2.4 percent of the total of Norway’s electricity production. Currently, Norway has 32 thermal power plants with a capacity of 1108 MW. For the past few years, their energy generation has stayed stable at 3.4 TW.

How much electricity does Norway use per year?

However, according to WorldData.info, Norway has a total consumption of 122.20 billion kWh of electric energy per year. This is an average of 22,850 kWh Per capita. Norway’s per capita number is larger than Europe's per capita which is just 5,925.27 kWh.

What happened to Norway's power supply system in the 1990s?

During the beginning of the 1990s, the Norwegian power supply system had surplus energy. In the early 2000s, the consumption rate was very high, thereby resulting in the reduction of power surplus. After the 2008-2009 financial crisis of Norway, production skyrocketed. Therefore, the consumption was weaker and the production was higher.

Is Norway a sustainable country?

Furthermore, the usage of homegrown electricity has increased in line with modernization as well as economic growth in Norway. Therefore, the country is leading the charge in a sustainable future. Since the late 1800s, Norway has harvested energy from renewable sources. Norway’s main asset is its hydropower when it comes to generating clean energy.