Austri Vind, OX2 to develop 250 MW of wind power

Austri Vind and OX2 have signed an agreement to plan and build 250 megawatts of onshore wind power in Norway (Image: OX2 Hedbodberget, Rättvik Wind Farm)

Austri Vind and OX2 have formed a partnership to develop wind power projects in Norway, according to recent announcements from both firms.  The companies signed the agreement in January, which calls for the development and construction of 250 megawatts of onshore wind power through three separate wind power projects: Raskiftet, Kvitvola and Kjølberget.

The Norwegian Water and Energy Directorate  has issued permits for all three projects and the companies are awaiting the final ruling by the nation's Oil and Energy Department, which is expected to come down during the year.

"There is a great deal of interest in investing in major wind power projects in Norway, but many projects have weaknesses, such as complex grid connections," said OX2 CEO Paul Stormoen. "The projects we are now working on in partnership with Austri benefits from unusually good wind and grid conditions, and we are hoping to start the construction of 100 MW this year."

Both companies have extensive experience in developing wind power facilities. OX2 has built and financed approximately 30 wind power projects with a total energy generation capacity of 800 MW and Austri Vind has developed wind projects in four municipalities in the county of Hedmark, Norway.

More information on renewable energy in Norway can be found at PennEnergy Research  

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