Hydro REIN offers renewable energy solutions for more sustainable industries.
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Since 2015, Hydro has contributed to the development and commercial de-risking of 2.5GW of greenfield wind projects in Norway and Sweden from a long-term offtaker position. Our Markets team has converted wind power production into baseload power for use in Hydro Aluminium Metal. In 2020, Hydro Energy took over operatorship at Norway’s second largest wind farm, Tonstad Vindpark (208 MW). We have also developed battery use cases at Hydro’s plants to establish storage capacity to avoid peak power prices and tariffs.
With the creation of Hydro REIN, Hydro is stepping up its efforts to help the industry tackle climate change. Recently, Hydro REIN has put in place a significant pipeline of wind and solar project leads for long-term power supply to Hydro’s plants. We are also looking for opportunities beyond the Hydro portfolio and developing a range of energy solutions to assist industries with the management and optimization of its energy consumption and storage behind-the-meter.
Our business model is based on agility and the ability to leverage Hydro’s 100+ years of renewable energy and industrial development. Our diverse team has the expertise and the resolve to develop projects, services and solutions that make a difference for our clients and the societies they are part of.
Read this article titled 'Greener sourcing for a Circular Economy', where we argue that it matters for the climate where materials come from and how they are produced. We can make low-carbon living possible – here is how: [ Ссылка ]
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Hydro – the energy and aluminium company
Hydro is a leading industrial company that builds businesses and partnerships for a more sustainable future. We develop industries that matter to people and society.
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Since 1905, Hydro has turned natural resources into valuable products for people and businesses, creating a safe and secure workplace for our 34,000 employees in more than 140 locations and 40 countries.
Read more about Hydro's strategy here: [ Ссылка ]
Today, we own and operate various businesses and have investments with a base in sustainable industries. Hydro is through its businesses present in a broad range of market segments for aluminium, energy, metal recycling, renewables and batteries, offering a unique wealth of knowledge and competence.
Hydro is committed to leading the way towards a more sustainable future, creating more viable societies by developing natural resources into products and solutions in innovative and efficient ways.
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