Hydro Invests in Illvatn Pumped Storage Project to Boost Renewable Power Production
Hydro is set to invest in the Illvatn pumped storage project in 2025, which will contribute 107GWh of electricity to its aluminium production. This initiative is part of the company's strategy to address future renewable power demand.
Theia Market Signal Identification - AI AssistedPublished Feb 22, 2026
Hydro plans to invest in the Illvatn pumped storage project in 2025, aiming to add 107GWh of electricity to its aluminium production capacity. This initiative is part of the company's strategy to meet the anticipated future demand for renewable power through its own production initiatives.
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