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Home » Finance » Norsk Hydro Plans USD 115 Million Pumped-Storage Power Plant in Luster Municipality
Finance

Norsk Hydro Plans USD 115 Million Pumped-Storage Power Plant in Luster Municipality

By Alan MaSeptember 26, 20242 Mins Read
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Credit: Narrativ/Hydro
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Norsk Hydro ASA, a Norwegian aluminium and renewable energy company, has announced plans to construct a NOK 1.2 billion (USD 115 million/EUR 103 million) pumped-storage power plant in Luster Municipality as part of its Hydro Energy initiative. The project, named Illvatn, aims to enhance hydropower production by pumping water from the Fivlemyrane reservoir, situated at

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aluminium Hydropower Norsk Hydro Norway Renewable energy
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