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Commissioning started at Porkeri Wind Farm
Vestmannasund project update
Minesto reaches historic milestone – delivers first tidal energy to the Faroese grid
SEV demonstrates Corporate Social Responsibility
Wind turbine struck by lightning
Electricity prices will not increase in 2022
Minesto to concentrate Dragon Class operations in the Faroe Islands in 2022
62% renewables in January
Minesto announces power production performance aligned with simulated predictions
Porkeri Wind Farm Inagurated
58% renewables in December 2020
New Board of Directors
49% sustainable electricity production first quarter 2021
Satisfactory result for 2020
Neshaga - A Recreational Pearl
Oil is Backup
SEV’s Employees are Satisfied and Thriving
The majority of the power grid is now underground
Hydropower Expansion on Eysturoy Completed
Húsahagi – An Important Project
60+ retirement group formed at SEV
SEV advancing through new technology
Sund Power Plant excellent marks for environmental protection
SEV recommends wind turbines for Suðuroy
Power supply to Tórshavn strengthened
High-tension faults reduced by 92%
In 2014, 51% of electricity production was green
Tidal Energy on the Horizon
71% green electric energy over six months
Green Progress
65% green electricity first half of 2015
SEV the Nordic Council Nature and Environment Prizewinner 2015
Electric energy was 60% green in 2015
2015, a year of records for SEV
Green Future on the Horizon
Finn Jakobsen has stopped as CTO
Entire Country Equipped with Wireless Meters
Tangible plan for the green course
The green strategy of the Faroe Islands is recognised in a Nordic Council report
Battery system at Húsahagi awarded 1st price at international conference
510 students attend classes at Húsahagi
51 per cent green energy in 2017
Expansion of Sund power plant according to plan
Security of supply is top priority
Customers as power producers
Wind and Solar the Highest Priorities for Green Strategy
New Report Recommends Solar Power and Wind Power
New PhD Research Project on Renewable Energy in Isolated Electricity Systems
SEV signs agreement with Swedish marine energy developer Minesto
Sustainable energy share at an all time high in October
Green electrical power production almost 49% in 2018
The Fossá hydropower plant has produced electricity for 65 years
Room for both public and private enterprise in the Faroese electrical system
Sund Power Plant awarded international certification for maintaining a good work environment
IT Security Top Priority for All Employees
Annual Accounts 2018
51% sustainable energy generation in the first quarter
One step closer to solar power in Sumba
39% renewables in first half of 2019
Tidal energy project
SEV wins wind tender
September rains secure sustainable energy
First field solar PV plant in the Faroes inaugurated
Green January
COVID-19 - SEV locks the doors
Nearly Half of Faroese Electricity Generation Sustainable in First Quarter of 2020
Satisfactory year for SEV
Minesto activities in Vestmannasund
47% sustainable electricity generation in April
SEV and Minesto featured in CNBC article
Closing in on Vestmannasund kite launch
Minesto to complete Vestmannasund installation during upcoming tidal windows
The name is 'Havfrúgvin'
39% renewables in first half 2020
Minesto Update
COVID-19 - SEV locks the doors again
Porkeri Wind Farm taking shape
Update on tidal wave project
The Faroes’ first offshore wind farm
Renewables made up 56% of electricity generated in the Faroe Islands in November
40% green energy in the first half-year of 2021
68% renewables in March
Minesto launches tidal array build-out plan, empoweringFaroe Islands towards 100% renewable energy
PhD thesis on Ensuring Supply Reliability and Grid Stability in a 100% Renewable Electritity Sector in the Faroe Islands
Renewable energy increased by 15% during the first six months of 2022
Funding for Mýruverkið II has been provided
Renewable energy generation in July 2022
Green Energy September
2022 - A record year
Increase in electricity prices
Minesto and SEV strengthen partnership for tidal energy build-out in the Faroe Islands
One step closer to improved wind energy penetration
Oil prices weigh heavily on SEV's annual accounts
A New High in Solar Power Production
50% of the electricity generated during the initial half of 2023 came from green energy sources
In the initial half of 2023, 56% of Suðuroy's power consumption was sourced from renewable resources
Clearing lines and poles in the mountains
Sev CEO awarded Leader of the Year
Green Days
Visit from the President of the European Commission
Wind Power Tender
58% Green Energy First Half 2024
Proposed budget for Sev 2025 approved
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06.12.2024
Proposed budget for Sev 2025 approved
The General Assembly approved the proposed budget for 2025 on 6th December. See Financial Status 2024 and Budget for 2025
22.07.2024
58% Green Energy First Half 2024
Sustainables made up 58% of total electricity generation in the first half of 2024. Wind power and hydro power generation, respectively, increased as thermal power generation
16.07.2024
Wind Power Tender
The Faroese Environmental Agency has launched an on shore wind power tender seeking up to 30 MW on the island of Sandoy. This will be the first wind power production site in Sandoy
14.03.2024
Visit from the President of the European Commission
Ursula von der Leyen, President of the European Commission visited our Húsahagi windpark in Torshavn on Thursday 14th of March. She was welcomed by Hákun Djurhuus, CEO of Sev as we
31.01.2024
Green Days
"Always look on the bright side of life"Strong winds and heavy rain can be tiresome but on the upside, sustainables made up 92% of total electricity generation in the Faroe Islands
26.01.2024
Sev CEO awarded Leader of the Year
"Management is a team effort and it is my great pleasure and privilege to be the team captain" said Hákun Djurhuus, CEO of Sev in his acceptance speech as he received the award Lea
20.11.2023
Clearing lines and poles in the mountains
Normally, we prefer windy and wet weather as it is needed for sustainable energy production. However, calm, cold and dry weather conditions are perfect for maintenance work in the
08.08.2023
50% of the electricity generated during the initial half of 2023 came from green energy sources
Electricity consumption in the first half of 2023 increased by 7% and amounted to 224 GWh. Green energy generation increased by 20% compared to the same period in 2022 and was 112
08.08.2023
A New High in Solar Power Production
The solar power production in June 2023 broke the record for highest production with reaching 35.8 MWh, since the implementation if the solar power farm in Sumba. Comparatively, th
07.08.2023
In the initial half of 2023, 56% of Suðuroy's power consumption was sourced from renewable resources
This period saw a significant upsurge in wind energy, solar power, and hydropower, while thermal energy experienced a notable decrease. Notably, wind energy saw a remarkable increa
21.04.2023
Oil prices weigh heavily on SEV's annual accounts
The 2022 Annual Accounts have been adopted by the AGM on 21st of April 2023. "Result after taxes amounted to DKK 16.7 million, which is less than satisfactory", said Kári Johansen,
28.03.2023
One step closer to improved wind energy penetration
We are in the process of increasing our capacity to utilize wind energy in the Main Area of the Faroe Islands with the investment in a synchronous condenser and a battery energy st
23.01.2023
Minesto and SEV strengthen partnership for tidal energy build-out in the Faroe Islands
Press Release Minesto, leading ocean energy developer, and SEV, Faroese utility company, have renewedand expanded the collaboration agreement outlining respective roles and respons
20.01.2023
2022 - A record year
2022 proved to be a record year in electricity generation in the Faroe Islands. In total 434 GWh of electrical power were generated, which is a 2.3 percent increase and a new recor
16.01.2023
Increase in electricity prices
While inflation has had a substantial impact on electricity prices throughout Europe, electricity prices in the Faroe Islands have hitherto not been affected. SEV has been able to
07.10.2022
Green Energy September
For 8 days in September, sustainable electricity generation on the islands of Suðuroy reached 100% and the motors of the thermal power plant were temporarily switched off. For 10
08.08.2022
Renewable energy generation in July 2022
July 2022 As a result of the bad weather, the month of July was outstanding in terms of power generated from renewable energy sources. The power generated from wind and water was,
27.07.2022
Funding for Mýruverkið II has been provided
SEV has now received the necessary funding for the pumped storage system in Vestmanna – also called Mýruverkið II. The funding has been provided by Faroese and foreign lenders. The
12.07.2022
Renewable energy increased by 15% during the first six months of 2022
The need for energy in the Faroe Islands increases continuously, and in the first six months of 2022, the energy generation reached a total of 209,5 GWh, which is a growth of 3.5%
27.06.2022
PhD thesis on Ensuring Supply Reliability and Grid Stability in a 100% Renewable Electritity Sector in the Faroe Islands
On Friday 24th of June, Helma Maria Tróndheim successfully defended her PhD thesis entitled Ensuring Supply Reliability and Grid Stability in a 100% Renewable Electritity Sector in
13.04.2022
Minesto launches tidal array build-out plan, empoweringFaroe Islands towards 100% renewable energy
Leading marine energy developer Minesto has launched a detailed plan for large-scalebuild-out of tidal energy arrays in the Faroe Islands. The plan includes four new verifiedsites
12.04.2022
68% renewables in March
The share of renewables in total Faroese electricity generation in March 2022 was 68 per cent. For a total of 10 days, renewable electricity generation exceeded 80 per cent. Hydr
14.03.2022
Minesto to concentrate Dragon Class operations in the Faroe Islands in 2022
Press Release Minesto Minesto has decided to concentrate this year’s operations with its Dragon Class marine energy converters at the established and grid-connected site in
10.02.2022
62% renewables in January
Renewable electricity generation saw an all-time high in January 2022. A total of 24 GWh were produced from hydro power, wind power, biomass as well as solar power. Total electri
26.11.2021
Electricity prices will not increase in 2022
Next year's budget has been adopted by the Extraordinary General Meeting. Although costs have increased in the year 2021 due to high prices on fossil fuel and below average sustai
25.11.2021
Wind turbine struck by lightning
And just like that our oldest wind turbine went out with a blast. Struck by lightning the small 150 kW Nordtank wind turbine that has been in service since 1993 sustained irreparab
15.07.2021
40% green energy in the first half-year of 2021
We are using more power than ever before. Within the first half of this year there were produced 202 GWt, which is the most within the first half-year. Around 81 of these GWt wer
23.04.2021
Satisfactory result for 2020
The annual accounts and annual report were adopted at the Annual General Meeting Friday 23 April 2021. SEV’s financial result for 2020 was a profit of DKK 49.8 million after taxa
20.04.2021
49% sustainable electricity production first quarter 2021
Sustainable electricity production in the first three months of 2021 reached 49 per cent of total production Extremely cold and calm weather in January and February resulted in bel
23.03.2021
Minesto announces power production performance aligned with simulated predictions
As part of the continued operations programme in its tidal energy project in the Faroe Islands, Minesto has made significant progress related to electricity generation to grid. The
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