Norsk Hydro: Enova support for Hydro's technology pilot approved by ESA
February 04 2015 - 6:04AM
The EFTA (European Free Trade Association) Surveillance Authority
has approved funding of NOK 1.5 billion from Enova for Hydro to
test the world's most energy- and climate-efficient aluminium
production in a full-scale pilot plant at Karmøy, Norway.
Enova's support has been one of the prerequisites for realizing
the pilot project. The main remaining condition to make an
investment decision is a power solution for the pilot plant.
Hydro has previously received the necessary assurances from
Statnett, the national power grid authority, that the electrical
power system in the region will be able to accommodate industrial
development at Karmøy within a reasonable time.
Investor contactContact Olena LepikhinaCellular +47
96853035E-mail Olena.Lepikhina@hydro.com
Press contactContact Halvor MollandCellular +47 92979797
E-mail Halvor.Molland@hydro.com
HUG#1891589
Norsk Hydro (NYSE:NHY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Norsk Hydro (NYSE:NHY)
Historical Stock Chart
From Jul 2023 to Jul 2024