Vattenfall to spend $1.93 billion on modernization

摘要

Sweden-based European energy conglomerate Vattenfall says it will invest about US$1.93 billion in modernizing and increasing production at its hydroelectric plants. Amongst the biggest of Vattenfall's projects is refurbishment of the 94 MW Storuman plant, which will see an increase in production of 8 GWh per year after two new turbines are installed.