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Aker Solutions Wins Hydropower Contract for 150 MW Tussa II Plant

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Aker Solutions Wins Hydropower Contract for 150 MW Tussa II Plant
Source: Yahoo Finance

Aker Solutions Secures Hydropower Contract for 150 MW Tussa II Plant

OSLO, Norway — In a move highlighting the ongoing modernization of Northern Europe’s renewable energy infrastructure, engineering services giant Aker Solutions has secured a major contract for the 150-megawatt (MW) Tussa II hydropower plant. Under the new agreement, Aker Solutions will deliver critical technology upgrades and engineering services to optimize the facility's power generation capabilities. The project, operated by regional utility company Tussa Energi, is poised to strengthen the regional grid and ensure long-term operational reliability.

The scope of the contract centers on the comprehensive modernization of the plant’s electro-mechanical systems. Aker Solutions is tasked with supplying state-of-the-art turbine components and upgrading digital control systems to maximize energy output while minimizing environmental impact. Originally commissioned to tap into the region's vast water resources, the Tussa II facility requires these crucial upgrades to meet modern grid demands and integrate seamlessly with fluctuating wind and solar inputs across the Nordic power pool.

"This contract underscores our commitment to supporting the decarbonization of the energy sector through high-performance hydropower solutions," said a spokesperson for Aker Solutions' Renewables division. "Hydropower remains the backbone of the Nordic energy system. By utilizing our deep engineering expertise, we are enabling Tussa II to deliver reliable, clean energy for decades to come. Modernizing existing assets is one of the most cost-effective and environmentally friendly ways to increase renewable capacity."

The deal reflects a broader trend within the energy market, where traditional oil and gas service giants are pivoting toward green energy portfolios to secure stable, long-term revenue streams. Investors have closely watched Aker Solutions' transition, and this latest contract win reinforces the company's robust position in the lucrative renewable asset life-extension market. As European nations seek to bolster domestic energy security and meet stringent climate targets, the demand for sophisticated hydropower rehabilitation is expected to surge, placing Aker Solutions in a prime competitive position.