Norwegian power firm Statkraft expects to make an investment decision in the summer on a new gas fired power plant in Germany as part of its growth strategy, its continental European arm said on Wednesday.
According to Reuters, the plant, with a capacity of 450 MW, would complement its existing activities at Knapsack in western Germany. Statkraft also plans capacity modernization at its Emden generation site on the German North Sea coast.
Last September, Statkraft already announced it would build a 430 MW gas fired unit at the Knapsack chemical park, and Wednesday's announcement would add a second new unit. State-owned Statkraft is Europe's largest producer of renewable energy with experience in hydro power, which provides nearly all of Norway's electricity.
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