SCA’s wind power engagement moves forward
Oct 9 2012 Statkraft SCA Vind AB takes the next step in the joint wind power venture. Statkraft is investing six Billion Swedish Kronor in two wind parks in Northern Sweden.
Statkraft SCA Vind AB, owned by energy company Statkraft and SCA Forest Products, is planning to build seven wind parks in Sweden with 360 wind turbines.Two of these wind parks are under construction, and Statkraft has today announced its investment of SEK six Billion in two more.Once completed, the seven wind parks will provide a total production of 3 000 GWh per annum, more than two per cent of all electricity used in Sweden, renewable energy that can replace fossil fuels and thereby reduce carbon dioxide emissions by more than 2 million tonnes a year.Statkraft provides financing while SCA grants land for the wind power farms.