Funding flows into new Norwegian hydro power

New hydro power is becoming something of a rarity in Norway, where most new capacity stems from upgrades to existing plants. However, utility SFE has just secured a loan of EUR 30 million to construct a new one.
Photo: PR / Statkraft
Photo: PR / Statkraft

It's becoming rare to see new hydro power plants constructed in Norway, where a centuries-spanning tradition has seen expansion in the most favorable locations.

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