4 December 2024
Reference is given to the third quarter report of the 11 November and investor
presentation of the 13 November. The Norwegian Water Resources and Energy
Directorate ("NVE") require ground mounted Solar PV power plants to have
completed a maturity assessment by the grid company including grid connection
approved by the TSO (Statnett) prior to starting a concession approval
procedure.
The system operator (TSO) in the Norwegian energy system, Statnett, has given
the approval and reservation of a 105 MW grid connection for the Ålamoen Solar
PV power plant. This enables Energeia to start the concession application
procedure with NVE.
Ålamoen Solar PV power plant is located in Hjartdal municipality in Vestfold and
Telemark county, and is currently assessed to be between 106 and 140 MW in size
depending on final technical design. The concession application is planned filed
to NVE in the second half 2024.
Subject to the NVE concession application procedure, construction and operation
may start in 2025.
For further information, please contact:
CEO, Viktor Jakobsen, email: viktor@energeia.no and telephone: +47 916 11 009
Deputy CEO, Jarl Egil Markussen, email: jarl@energeia.no and telephone: +47 480
23 214
This information is subject to the disclosure requirements set out in the
Norwegian Securities Trading Act § 5-12.