Norwegian company Statkraft, Europe’s largest generator of renewable energy, plans a record investment of up to $6.6 billion (6 billion euros) in Norway’s wind and hydropower generation. Up to $3.3 billion (3 billion euros) will go to upgrades and transformations of Norwegian hydroelectric power plants, and another up to $2.2 billion (2 billion euros) is earmarked for rehabilitation of dams and modernization of older power plants, Statkraft said on Monday. Around $1.1 billion (1 billion euros) is allocated to the renewal…
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