EV charging stations, Statkraft, a hydropower company is planning to expand its electric vehicle charging business in Germany and Britain. It’s also looking forward to purchasing some more power plants by the end of 2019.
EV charging Expansion in Germany & Britain by hydropower Co., Statkraft
The electric vehicle (EV) charging business is growing rapidly and the company has the competition from Finland based headquartered, Fortum and with leading European Energy company Vattenfall has boosted its products across Europe.
Statkraft is a leading company in hydropower internationally and Europe’s largest generator of renewable energy. The Group produces hydropower, wind power, solar power, gas-fired power, and supplies district heating. Statkraft is a global company in energy market operations.
Statkraft’s CEO, Christian Rynning-Tonnesen
“We are looking at EV charging companies in Germany and we are also looking at the UK for EV charging cooperations,” Statkraft’s CEO Christian Rynning-Tonnesen said.
Need For EV Charging Stations
As many automakers are looking to make powerful and different models of plug-in electric and hybrid which will need sufficient charging stations so as the consumers can charge their EV/H easily without any worries.
EV Sold in March were fully electric in Norway
The electric vehicles which were sold in the month of March in Norway, were fully electric based on this data the installations of charging stations is more important.
EV Charging Stations Expansions from Norway to Sweden
Statkraft’s Rynning-Tonnesen said Groenn Kontakt, an EV charging network operator which Statkraft controls together with Agder Energi, is planning to expand from Norway to Sweden.
EV in Norway, Sweden, Germany, Britain, Ireland
The company is aiming to focus on the particular markets are Norway, Sweden, Germany, Britain, and Ireland.
The company also plans to invest 10 billion Norwegian crowns ($1.14 billion) in renewable energy projects by 2025.
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