Post by Norsk Hydro
394,660 followers
⚡ The energy transition depends on more than renewable power. It depends on long-term commitments that strengthen industry, drive innovation, and create lasting value. Hydro and Eviny have signed a power purchase agreement securing 0,5 TWh yearly of renewable power between 2031 and 2040. The agreement helps ensure continued production of low-carbon aluminium in Norway, a material that is increasingly critical for Europe's economic development, energy transition, and industrial resilience. Access to competitive, renewable power is essential for both climate progress and industrial competitiveness. By providing long-term predictability for industry and energy producers alike, the agreement supports investments in technology, renewable energy, and the solutions needed to scale a low-carbon future. 🌱 Together, Hydro and Eviny are helping create the conditions for sustainable value creation, stronger industry, and continued climate benefits for decades to come. 👉 Learn more: https://brnw.ch/21x3VFh