ABB wins Statkraft contract to modernize Vikfalli hydropower complex in Norway

Reuters2026/08/18 08:22

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ABB won a Statkraft order in Q2 2026 to modernize the Vikfalli hydropower complex in western Norway.
Scope covers control, protection, excitation, and electrical upgrades across three plants totaling 184 MW, extending asset life.
Vikfalli’s three stations generate 830 GWh annually, enough to supply about 53,000 Norwegian homes.
Site work starts at Målset in 2028; Refsdal and Hove upgrades follow in 2029.
Financial terms were not disclosed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ABB Ltd. published the original content used to generate this news brief on August 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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ABB wins Statkraft contract to modernize Vikfalli hydropower complex in Norway

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