Clemens Kraftverk AS, a company in the Clemens Kraft Group of companies, has signed an agreement with Sognekraft AS to acquire 6 small scale hydro power plants in Fjærlandsfjorden in the municipality of Sogndal. Total normal production from these plants is 125 GWh. This compares to the power consumption by more than 6000 homes. The power plants will be taken over with effective date December 31st, 2018.
At the same time, the parties have entered into a long term agreement on operations of hydropower plants in the region, whereby Sognekraft is going to operate these 6 SSHPPs.
- We are very happy with this agreement, and the long term co-operation agreement with Sognekraft, CEO Børge Edvardsen Klingan of Clemens Kraft says . – Sognekraft and Clemens Kraft are both leading players in the industry, and the new agreement means an important industrial co-operation between the two companies –
After this acquisition, Clemens Kraft has an annual production of approximately 450 GWh from 35 power plants in operation. In addition, the company has 10 power plants under construction, and a number of projects due for further steps towards construction commencement.
Clemens Kraft has as an industrial target to produce minimum 600 GWh within the end of 2021. The company is a subsidiary of Opplysningsvesenets fond (Ovf), that owns 50.1% of the company. The Swiss CPV/CAP Pensionskasse Coop owns the remaining 49.9 % of the stock. Clemens Kraft has its main office in Oslo and is today among the largest owners and developers of SSHPPs in Norway.
- I am very happy about this agreement with Clemens Kraft, where we in Sognekraft will operate the 6 power plants. We are looking forward to a long-term relationship with Clemens Kraft, including development and operation of power plants in the region, says Terje Bakke Nævdal, CEO of Sognekraft –
Sognekraft has its main operations within production, distribution and sale of power. Sognekraft has concession rights for the power grids in several municipalities in Indre Sogn. The company owns and operates hydro power plants with an annual production of 730 GWh, and markets approximately 700 GWh to end consumers. By the end of 2018, the Sognekraft Group has a staff of 113 persons. Sognekraft has an ambition to grow within production of renewable energy and will be working on several large development projects in the region for the years to come.
Børge Edvardsen Klingan, CEO
Phone +47 916 39 906
Terje Bakke Nævdal, CEO
Phone +47 911 81 056
Tokagjelet hydropower plant
We are pleased to announce the commencemen of construction work at the Tokagjelet hydropower plant, which is the largest power plant in the Clemens Kraft portfolio so far. The 76 GWh production at Tokagjelet is key for the Company in order to reach the target of minimum 600 GWh of small hydro power production by 2021.
The project is located in Kvam Herad in Hordaland, with a waterway of 2050 meters to be drilled in the mountain using a TBM machine. The tunnel hole is scheduled for a diameter of 2.6 meters (Approx 8 feet).
The location of the hydropower plant is planned inside the mountain with two Pelton turbines totaling 27 MW capacity. The plant is estimated to produce approximately 76 GWh annually, which corresponds to a power consumption of approx. 3800 households. Production will be delivered on the 132 kV grid to BKK. Construction time is estimated at approx. 2 years.
Clemens Kraft is a subsidiary of Opplysningsvesenets fond. In 2017, the Swiss CPV / CAP Pensionskasse Coop purchased 49.9% of the shares in Clemens Kraft. The cooperation between Ovf and CPV implies a significant financial strengthening of the company, giving increased capacity to develop and increase its commitment to renewable energy. Clemens Kraft is currently one of the largest builders of small power plants in Norway.
Clemens Kraft was established to carry out small-scale hydro power development on the basis of properties owned by the fund. In recent years, the company has also acquired several small hydropower companies. Clemens Kraft currently has 28 small power plants in production, 11 power plants under construction and 12 projects under preparation for construction start.
CEO at Clemens Kraft:
Børge Edvardsen Klingan, phone 916 39 906
Head of construction at Clemens Kraft:
Jan Terje Solhaug, phone 991 52 488
Pioneering technology enables long distances directional drilling.
Norhard reports on their Facebook page https://www.facebook.com/norhardas/ that «We have started the drilling of the upper part of the Gudå hydropower plant in beautiful surroundings at Meråker. The shaft should be drilled with a diameter of 1.2 meters over a 550 meter (1650 inches) distance.»
Watch the movie from riging and startup drilling made by Norhard. See also https://norhard.no/en/ for more information about Meråker and other projects they have in their portfolio.
Gudå kraftverk – Meråker.Vi er nå godt i gang med boringen av øvre del av trykksjakten til Gudå kraftverk i vakre omgivelser på Meråker. Sjakten skal bores med diameter 1,2 meter over en strekning på 550 meter. Se film fra opprigging og oppstart boring.Del gjerne!
Posted by Norhard As on Thursday, November 1, 2018
The landowners in Øvrebø in Jølster municipality have signed with Clemens Kraft AS for the Development of the Øvrebø powerplant.
The project has a calculated average production of 9.9 GWh. It will utilize a fall of 196 meters, with the intake on kote 523 and the station on kote 327, with a penstock at approximately 1300 meters.
Landowner Frithjof Plahte in Bindal has entered into an agreement with Clemens Kraft considering the construction of a small-scale power plant of 28.8 GWh.
The project is named Hellifossen Kraft AS, and CK is in the process of developing the project.
CK has started planning and submitted a plan change application to change the entry placement in August. It is currently unclear where the intake will be.
CICERO provides a review.
As an independent research institute, CICERO (Center for International Climate and Environmental Research – Oslo) gives a renewed opinion on the institution’s framework and guidance for assessing and selecting eligible green bond investment projects and assessing the robustness of the framework when it comes to fulfilling the institutions’ environmental goals.
CICERO finds that the Clemens Power Green Bond Framework provides a solid framework for climate-friendly investments. Revenue will finance renewable energy and eligible projects run by river power plants without dam reservoirs.
Read the full report from CICERO here: Clemens Kraft qualifies for dark green bonds
- Byggearbeid på Kjeldalselva kraftverk13. februar 2019 - 1:33 pm
Stasjonsfundament til Kjeldalselva kraftverk er snart ferdig og overbygget starter opp i februar. Generator og turbin er planlagt å monteres inn i juni måned. Rørgate er lagt fra stasjon og opp til tunnel. Tunnelen er ca 20% ferdig, 200 meter er drevet av totalt 1000 meter. På inntaket er arbeidene stoppet for vinteren, dette starter opp […]