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Making a move: Jens Stoltenberg

Oslo unveils renewables cash booster

Norway will double a state fund promoting investments in renewable energy to Nkr20 billion ($3.41 billion) next year, Prime Minister Jens Stoltenberg said.

"Over the last three years my government has doubled the funding for investments in this area. We will continue along this path, ensuring that Norway remains among the top international producers of renewable energy," Reuters quoted him as saying at a conference today.

"Next year we will double the capital in the Fund for Renewable Energy from Nkr10 billion to Nkr20 billion," he added.

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