Media Releases Media Releases

Company 27.05.2025

Axpo achieves good half-year results in uncertain environment

In a challenging geopolitical environment, amid increasing uncertainty in capital and energy markets, the Axpo Group achieved good results in the first six months of the 2024/2025 financial year (1 October 2024 to 31 March 2025). Internationally, the company continued to operate successfully in more than 30 countries and across 40 markets. In Switzerland, Axpo delivered 40 per cent of the total electricity consumed, once again making a significant contribution to a secure and low-carbon electricity supply.

Company 14.05.2025

CO2-neutral emergency preparedness: Axpo wins contract for reserve power plant

The Swiss Federal Office of Energy (SFOE) today awarded Axpo the contract to build and operate a reserve power plant in the municipality of Muttenz, located in the northern canton of Basel-Landschaft. Using CO2-neutral fuels, the plant will operate in emergencies only to stabilise the electricity supply in the event of power shortages. Axpo will thus make another substantial investment in Switzerland's security of supply.

International business 07.05.2025

Axpo signs route-to-market contract to support cPPA between Auchan and GoldenPeaks Capital

The contract signed by Axpo will help power French multinational Auchan’s retail network in Poland, it was announced today. The agreement supports a long-term corporate power purchase agreement (cPPA) between Auchan and GoldenPeaks Capital. Under the cPPA, approximately 115 gigawatt hours (GWh) of green electricity will be supplied annually from solar farms owned by GoldenPeaks Capital, helping Auchan achieve its sustainability commitments.

International business 06.05.2025

Axpo and MOSOLF to build one of Europe’s largest solar car park canopy installations

Axpo and the MOSOLF Group, one of the leading system service providers to the automotive industry, are joining forces to build one of the largest solar car park canopy installations in Europe. The project, which was announced today, will be realised at MOSOLF’s site in Kippenheim, southern Germany. Covering an area of 109,000 square metres – roughly the size of 15 football pitches – the state-of-the-art photovoltaic system will feature over 54,000 solar modules with a total capacity of up to 24 megawatt peak (MWp).

Solar energy 05.05.2025

Axpo launches construction of the alpine solar project NalpSolar

Axpo today officially launched construction of the alpine solar project NalpSolar with a ceremonial event held in the municipality of Tujetsch, located in the canton of Grisons (Graubünden), Switzerland. This pioneering project enables Axpo to gain valuable experience in alpine solar energy – a key step towards advancing this technology in demanding high-altitude environments.

International business 30.04.2025

Axpo and Sweden’s Falu Energi sign services deal

Axpo and the Swedish electricity retail company Falu Energi & Vatten AB have signed an agreement for the supply of power balancing services, physical delivery and financial electricity trading, it was announced today. The agreement, which took effect in February 2025, covers the company’s annual energy sales of around 300 GWh and the generation of approximately 70 GWh of electricity a year.

International business 28.04.2025

Axpo and EDF Renewables sign a short-term PPA in Greece

Axpo and EDF Renewables Hellas have signed a short-term power purchase agreement (PPA) for the purchase of electricity from two EDF solar power plants in the Viotia region of Greece, it was announced today.

Gas business 24.04.2025

Axpo expands small-scale LNG operations

Axpo has successfully completed its first LNG ship-to-ship delivery in the Port of Algeciras, marking the expansion of its LNG bunkering operations to a second Spanish port. Axpo’s 7,500-cubic-metre small-scale LNG vessel ‘Avenir Aspiration’ delivered LNG to MSC, a leading global shipping company, reinforcing Axpo’s growing presence in key Mediterranean hubs.

Wind power 23.04.2025

Axpo publishes white paper on wind energy

Switzerland has so far made limited use of its wind energy potential – even though wind power could contribute up to 10 terawatt hours of electricity annually. In a new white paper published today, Axpo explores how wind energy can become a crucial pillar of a secure and renewable electricity supply – particularly during the winter months. More than 60 per cent of potential wind production would occur in the coldest and most energy-intensive season. Wind energy should therefore form an integral part of Switzerland’s future energy mix.

Wind power 15.04.2025

Axpo launches wind measurements at Tannenberg

Following the start of wind measurements at Flumserberg, Axpo is now also assessing the wind energy potential at Tannenberg, located in the municipalities of Waldkirch and Andwil in the canton of St. Gallen. As a first step, a 125-metre wind measurement mast will be installed on Wednesday, 16 April. The mast will collect precise data on wind conditions, weather patterns and bat activity to enable a thorough feasibility assessment for a potential wind farm.

Renewable energy 07.04.2025

Axpo begins work on two solar power plants in Germany

Axpo has commenced the construction of two ground-mounted PV power plants in northern Germany, it was announced today. The new projects are a significant step in the company’s strategy to expand its presence in the German solar market.

Hydropower 03.04.2025

Partial renovation Gigerwald dam

Grids 26.03.2025

Start of construction of underground cabling from Langacher to Sins (Canton Zug)

To ensure the future energy supply, Axpo is increasing the operating voltage of its power lines in the Canton Zug from 50 to 110 kilovolts (kV). This will increase transmission capacities and reduce transmission losses. As part of this project, the existing line between the Langacher and Sins substations will be laid in the ground. Construction work will start at the end of March 2025.

Wind power 20.03.2025

Axpo in dialogue with local communities on potential wind farm at Dreibündenstein

Switzerland needs more renewable energy, particularly in winter. Axpo is therefore initiating preliminary assessments for a potential wind farm in the Dreibündenstein area, in the canton of Graubünden, it was announced today. To this end, Axpo engaged with the local population through two information events. The next steps include feasibility assessments and wind measurements, with a wind measurement mast set to be installed in the coming months.

Renewable energy 19.03.2025

KLL: Another substantial contribution to Switzerland’s electricity supply

At their Annual General Meeting, the shareholders of Kraftwerke Linth-Limmern AG (KLL) approved the report and annual accounts for the 2023/24 financial year. During the reporting period, KLL once again made a substantial contribution to Switzerland's electricity supply.

Renewable energy 19.03.2025

KSL: More electricity produced once again

At their Annual General Meeting, the shareholders of Kraftwerke Sarganserland AG (KSL) approved the annual financial statements and report for the 2023/24 financial year. Electricity production in the reporting year was significantly higher than the already strong previous year and also above the long-term average.

International business 14.03.2025

Axpo enters LNG bunkering in Spain with first MSC delivery supporting growing demand for greener maritime fuels

Axpo has concluded a first delivery of liquified natural gas (LNG) to MSC, the world leader in global shipping and logistics, in the port of Málaga. It is the first operation carried out via Axpo’s chartered small-scale LNG vessel in Spain. There is growing demand for LNG as a cleaner and more cost-effective alternative to the traditional fuels used by the maritime sector.

Company 12.03.2025

Axpo Holding AG purchases additional 4.6% stake in CKW AG

Axpo Holding AG has agreed to acquire 272,403 additional shares in its Swiss subsidiary CKW AG from Anna Holding AG, a holding company of Swiss entrepreneur and investor Martin Ebner, it was announced today. The transaction increases Axpo Holding AG’s stake in CKW AG to 85.6%.

International business 06.03.2025

Axpo signs its first long-term cPPA in Croatia

Axpo and Klimaoprema, a leading Croatian manufacturer of cleanroom systems, ventilation and air conditioning equipment, have signed a ten-year corporate power purchase agreement (cPPA), it was announced today. Under the deal, the entire energy needs of Klimaoprema’s production sites in Croatia will be met. The agreement strengthens Axpo’s position as a leader in long-term energy solutions in central and south-eastern Europe.

Renewable energy 20.02.2025

Axpo supports green hydrogen networking platform in Switzerland

Axpo is committed to actively promoting the hydrogen economy in Switzerland and Europe. In addition to its role as a producer of green hydrogen, the company announced today the launch of a new digital platform designed to bring together participants in the hydrogen market. The initiative will create an invaluable network for customers, producers and transport service providers, and make an important contribution to decarbonisation.

International business 18.02.2025

TIM enters Italy’s energy market with 100% renewable offer

The TIM Group, in collaboration with Axpo Italia, today announced the launch of TIM Energia, a new venture offering green electricity to meet the energy needs of Italy’s small and medium sized businesses.

Nuclear energy 17.02.2025

Axpo signs new fuel contracts for nuclear power plants

Axpo has signed new contracts for the Beznau and Leibstadt nuclear power plants for nuclear fuel. The fuel supply has been diversified, and Russian suppliers will no longer be used in the supply chain in the future.

International business 13.02.2025

Axpo and VW Kraftwerk GmbH deepen cooperation, sign 580 GWh guarantees of origin deals

Axpo and VW Kraftwerk GmbH (VWK) have intensified their cooperation with a new long-term delivery contract for Guarantees of Origin (GOs), which will enable the Volkswagen Group to convert its newly sold electric vehicles’ consumption to renewable energies on a balance sheet level. VWK will acquire guarantees of origin from Axpo with a total annual volume of around 580 gigawatt hours (GWh) from renewable energy projects in Sweden and Spain.

Solar energy 12.02.2025

Axpo and RWZ join forces to expand solar energy in Germany

Raiffeisen Waren-Zentrale Rhein-Main AG (RWZ) and Axpo have entered into a partnership for the development of solar parks in Germany, it was announced today. This collaboration offers new economic opportunities for farmers and advances the energy transition. The expansion of renewable energy is a central pillar of Axpo’s strategy, with Germany playing a key role as an important solar market.

Company 10.02.2025

Axpo extends EUR 7bn credit line to 2028

Axpo successfully extended its unsecured revolving committed credit facility totalling EUR 7.0 billion by one year to February 2028. The early extension is testimony to the financial markets' confidence in Axpo, ensures the continued diversification of the company’s financing structure and retains its financial flexibility to invest in the energy transition.

Renewable energy 09.02.2025

Pradapunt: Arosa voters give green light for new hydroelectric power plant

In a ballot held on 9 February 2025, Arosa voters approved the granting of water rights and the Plessur protection regulations in connection with the planned Pradapunt hydroelectric power plant with about 90 per cent of the votes in favour. This means that the ambitious project has reached an important milestone.

Solar energy 06.02.2025

Axpo launches pioneering alpine ‘NalpSolar’ project

Axpo has given the go-ahead to construction of the NalpSolar alpine solar plant in the Swiss canton of Graubünden, it was announced today. Work is planned to commence, weather permitting, this March. Located 2,000 metres above sea level, the pioneering project will generate important climate-friendly electricity, particularly during the winter months. NalpSolar is part of the federal government’s Solar Express initiative, while the expansion of renewable energy is a key pillar of Axpo’s strategy.

International business 22.01.2025

Axpo offtakes 60MW from three solar plants in Hungary

Axpo has signed its first electricity purchase agreements in Hungary, it was announced today. Together the deals cover approximately 60 megawatts (MW) of green energy under pay-as-produced power purchase agreements (PPAs). Ensuring market access for two green energy producers, the PPAs cover balancing risks and provide revenue certainty by hedging against spot price market volatility.

International business 21.01.2025

Axpo signs long-term PPA with Exilion in Finland

Axpo Nordic and Exilion Tuuli Ky, a Finnish renewable energy investor and producer, have signed a corporate power purchase agreement (PPA), it was announced today. The long-term deal covers the supply of 70 GWh a year of renewable electricity from a wind farm in northern Finland, which will be used to meet the energy needs of Colgate-Palmolive.

Renewable energy 20.01.2025

Axpo signs 10-year route-to-market agreement with British Solar Renewables

Axpo will buy all metered output from solar farm in Whaddon, Wiltshire owned and developed by British Solar Renewables (BSR). Facility is a co-located, utility-scale 16MWh battery energy storage system (BESS) alongside 25 MW of solar PV. BESS will be managed by Flexitricity, leveraging its unique trading arrangement with Axpo to provide full market access for optimisation services. Energy to be traded on wholesale markets. Battery to be optimised across wholesale markets, balancing services and the National Energy System Operator’s Balancing Mechanism.

Limmern pumped-storage plant 20.01.2025

Linth-Limmern power plant: another substantial contribution to security of supply

The Board of Directors of Kraftwerke Linth-Limmern AG (KLL) has approved the report and accounts for the 2023/24 financial year for submission to the Annual General Meeting. During the reporting period, the KLL power plants once again made a substantial contribution to Switzerland's security of supply.

Company 17.01.2025

Axpo AGM approves amendment to Articles of Association and elects new board director

At today's Annual General Meeting of Axpo Holding AG, shareholders approved all Board of Directors proposals. They also adopted an amendment to the Articles of Association proposed by the canton of Aargau that requires annual approval of Board of Directors and Executive Board remuneration by the AGM. This provision was part of a proposed new shareholders agreement set to come into force in 2025 but rejected last year by voters in Schaffhausen canton. The proposal - also submitted by the Canton of Aargau to create a profit reserve instead of distributing a special dividend was rejected. Martin Bäumle was elected to the Board of Directors as successor to Roger Wüthrich-Hasenböhler.

Company 01.01.2025

Happy New Year – with 30% lower electricity prices for CKW customers!

Die Axpo Tochter CKW gehörte 2024 in der Schweiz zu den Anbietern mit den günstigsten Strompreisen. Ab heute können wir die Strompreise für unsere Kundinnen und Kunden um weitere rund 30 Prozent senken. Die Axpo Gruppe wünscht ein frohes neues Jahr und freut sich darauf, auch 2025 ihren Beitrag zu einer nachhaltigen und sicheren Stromversorgung der Schweiz zu leisten.

Company 19.12.2024

Axpo invests in Swiss smart grid startup Hive Power to promote flexible energy consumption solutions

Together with lead investor Creadd Ventures, Axpo is participating in the funding round for Swiss startup Hive Power, which specialises in innovative solutions for intelligent power grids. This investment, made as part of Axpo's "Partnering & Investing" initiative, aims to strengthen the existing strategic partnership between Axpo and Hive Power. This step underscores Axpo's strategic objective of advancing innovation and supporting the energy transition.

International business 18.12.2024

Axpo expands biomethane activities in Italy

Axpo has agreed to purchase additional biomethane projects in Italy, it was announced today. Located in Sicily, the plants will each produce approximately 45 GWh of renewable energy a year and commence operations in the second half of 2026. Construction of the facilities will begin in early 2025. The announcement underlines Axpo’s commitment to biomethane production in the country following the company’s entry to the Italian market in September 2024.

International business 16.12.2024

Axpo marks 100 LNG cargoes to Europe

Axpo has achieved a new milestone in its liquefied natural gas (LNG) business with the delivery of 100 LNG cargoes to Europe in less than four years. LNG continues to be an important component of Axpo’s trading & sales business, providing security of supply to Axpo customers in Switzerland and internationally.

Renewable energy 13.12.2024

Axpo and partners launch further green hydrogen plant

A ground-breaking ceremony was held today by Axpo and its partner shareholders in the H2Uri company to mark the start of construction on a new green hydrogen production plant in Bürglen, central Switzerland. The facility will be Axpo's second such plant in the country. From 2026, green hydrogen from the 2 MW plant will fuel the first hydrogen passenger vessel on Lake Lucerne, as well as other applications.

Company 11.12.2024

Axpo Systems opens the first OT Security Operation Centre in Switzerland

Cyber attacks on industrial control systems and other operational technologies (OT) are on the rise and threaten critical infrastructures. With the newly opened OT Security Operation Centre, Axpo Systems is offering a specialised and reliable security solution for the first time in Switzerland to effectively protect energy suppliers and other system-relevant sectors.

Company 05.12.2024

Thomas Sieber to step down as Chairman of the Axpo Board of Directors in 2026

After 10 years at the helm of Axpo Thomas Sieber has informed the shareholder representatives that he will not be standing for re-election as Chairman of the Board of Directors at the 2026 Annual General Meeting. The decision allows the shareholders to start the succession process with sufficient lead time.

Company 05.12.2024

Axpo reports another successful financial year as strategy pays off

All divisions make good progress, with largest contribution to earnings once again from international customer and trading business. Adjusted EBIT of CHF 1,848 million, cash flow from operating activities CHF 1,466 million, net financial position increases to CHF 1,791 million while equity strengthens to CHF 13,151 million. Reliable supply of more than 40 per cent of electricity consumed in Switzerland; rapid expansion of renewable energies; status as international energy leader in customer and trading business further consolidated. Investments in long-term preservation of company value mitigate impact of expected ownership reversions and upcoming decommissioning of nuclear power plants. Board of Directors proposes CHF 241 million ordinary dividend plus additional special dividend of CHF 429 million.

Nuclear energy 05.12.2024

Axpo will operate the Beznau nuclear power plant until 2033, investing a further CHF 350 million while doing so

After a comprehensive review, Axpo decided on 4 December 2024 to secure the operation of the Beznau nuclear power plant until 2033 by investing CHF 350 million. This means that in 2033, Beznau will be able to look back on 64 years of reliable and low-carbon electricity production.

International business 02.12.2024

Axpo and Hydro sign long-term contract

Hydro Energi and Axpo Nordic have signed a ten-year contract to supply 2.63 terawatt hours (TWh) of electricity to Hydro. Under the long-term contract, from 2026 to 2035 Axpo will deliver electricity to Hydro in Swedish price area SE2.

International business 26.11.2024

Axpo and Stegra sign 2 TWh electricity deal

Axpo Nordic and Stegra have signed a power purchase agreement (PPA) for the supply of electricity to Stegra’s integrated green hydrogen, green iron and green steel production plant in Boden, Sweden, it was announced today.

Renewable energy 20.11.2024

Axpo awarded 163 MW in French green energy tender

Axpo’s solar and wind divisions have successfully secured a combined capacity of 163 megawatts (MW) in two recent public tenders organised by the French government, it was announced today. The results reinforce Axpo’s position as a leading international producer of renewable energies, making a significant contribution to the expansion of climate-friendly electricity generation in Europe.

Nuclear energy 28.10.2024

Beznau nuclear power plant: Unit 1 back on the grid

Unit 1 of the Beznau nuclear power plant is back on the grid after being offline for several weeks. The investigations into the feedwater tank have been completed.

Renewable energy 24.10.2024

Axpo and Borealis sign two PPAs for renewable electricity sourced and consumed in Belgium

Axpo and Borealis, one of the world’s leading providers of advanced and sustainable polyolefin solutions, signed two new long-term power purchase agreements (PPAs). Over the past four years, Axpo and Borealis have signed several long-term deals in Belgium as well as in Sweden and Finland. The two new PPAs will see Axpo deliver more than 900 GWh of wind power procured from Vleemo nv, a Flemish energy company specialising in sustainable wind power projects. The long-term agreements run until the end of 2030 and end of 2035, respectively, with delivery starting in 2026.

Renewable energy 23.10.2024

Pradapunt: Concession application for new hydroelectric power plant

The ‘Wasserkraft Plessur’ project consortium has submitted the concession application for the new Pradapunt hydroelectric power plant to the municipality of Arosa (GR). Axpo and consortium partners Arosa Energie and IBC Energie Wasser Chur plan to invest around CHF 80 million in the project, thereby reaffirming their commitment to the expansion of renewable energies in Switzerland. The new power plant could supply around 10,000 households with clean energy.

International business 09.10.2024

Axpo and Petrol sign first long-term PPA to deliver physical power in Slovenia

Axpo has signed a long-term corporate power purchase agreement (PPA) with Petrol, the largest energy company in Slovenia, it was announced today. The five-year deal is Axpo’s second PPA in Slovenia and the first in the country that will deliver physical power to one of Petrol’s end customers. Under the agreement, Axpo will supply electricity to Petrol, a major energy distributor and a leading energy market player in South Eastern Europe. The power will be used to support the company’s core activities.

International business 01.10.2024

Axpo signs services deal with Sollentuna Elhandel

Axpo has entered an agreement with Sollentuna Elhandel AB for the provision of specialist energy services commencing 1 October 2024, it was announced today. The agreement covers balance responsibility, physical supply and financial hedging for Sollentuna Elhandel's annual 220 GWh of electricity sales and 22 GWh of electricity generation.

Solar energy 23.09.2024

Axpo starts up largest rooftop solar plant in France

Axpo has commenced operations at the largest rooftop solar plant in France, it was announced today. Located in the northern town of Beauvais, the new installation is the latest demonstration of Axpo leveraging its considerable expertise to advance the expansion of renewable energies. In addition to strategic projects in the French solar sector, Axpo is active in other key markets such as Switzerland, Germany, Italy, Spain and Poland as the company continues to make significant contributions to the energy transition.

International business 20.09.2024

Axpo further diversifies financing with sustainability-linked Samurai loan

Axpo Holding AG has secured financing totalling JPY 42 billion (around CHF 250 million) through a so-called ‘Samurai loan’ with a syndicate of more than 20 banks in Japan and Samurai investors. The facility, which includes a sustainability component, diversifies the company’s financing structure and increases its financial flexibility.

Renewable energy 12.09.2024

Axpo enters biomethane market in Italy

Axpo has given the green light to its first biomethane project in Italy, it was announced today. Located in the southern region of Basilicata, the plant will produce approximately 45 GWh of renewable energy a year and is expected to start operations by the end of 2025. The plant will be constructed in the municipality of Grottole and mainly use agricultural waste from neighbouring farms to produce carbon-neutral green gas. This will then be fed into Italy’s national gas network.

International business 28.08.2024

Axpo offtakes 1.5 TWh of green energy annually from RWE in Poland

In one of the largest renewable energy offtake deals in Poland, Axpo bought all the electricity generated by RWE in the country. RWE’s wind farms and solar plants across Poland have a combined installed capacity of 628MW and produce approximately 1500 GWh of electricity annually.

Renewable energy 26.06.2024

Axpo gives investment green light for Vörå wind farm

Swiss energy supplier Axpo has made the final investment decision to commence construction of the Lålax wind farm in Finland’s Vörå municipality. An important milestone in the expansion of wind energy in Finland, the project underlines Axpo's commitment to the region.

Hydropower 25.06.2024

Gigerwald dam facility: Renovation work resumed

In September 2022, Axpo and Kraftwerke Sarganserland AG (KSL) interrupted the comprehensive refurbishment work on the Gigerwald dam facility in Calfeisen Valley and postponed it for two years. The reason behind this decision was the scarcity of electricity during the winter months of 2022/23. The refurbishment work is now back on track. This work is essential for the safe, long-term operation of the facility and the reservoir must be entirely emptied.

Solar energy 18.06.2024

Axpo starts work on 20 MWp solar power plant in northern Italy

Axpo has taken a significant step towards expanding its solar energy initiatives in Italy by commencing construction on a 20 MWp ground-mounted solar power plant, it was announced today. Located at Manzano, in the Friuli Venezia Giulia region of northern Italy, the project ‘Parco Molini’ marks a key development in Axpo's renewable energy strategy across Europe.

Company 18.06.2024

Reserve power plant in Muttenz: CO2-neutral step by step

Company 29.05.2024

Axpo strategy continues to deliver results

In the first six months of the 2023/24 financial year (1 October 2023 to 31 March 2024), the Axpo Group further strengthened its position as an international energy leader by continuing to successfully implement its three-pillar corporate strategy. As Switzerland’s largest producer of electricity, Axpo made a significant contribution to a secure energy supply system, advancing the energy transition by building renewables while successfully growing its customer business with energy trading solutions.

International business 02.05.2024

Axpo and Ineos Oxide sign corporate PPA in Belgium

Axpo and Ineos Oxide, a leading chemicals manufacturer in Belgium, have signed a corporate power purchase agreement (PPA), it was announced today. The long-term deal covers 12 megawatts of renewable energy, making an important contribution to the green transition in the Antwerp port area.

Solar energy 30.04.2024

Axpo and Disneyland Paris commission Europe’s largest solar parking canopy

Following more than three years’ construction, Disneyland Paris and Axpo have equipped 11,200 parking spaces at the leading entertainment resort with solar panels, it was announced today. The solar parking canopy, currently the largest of its kind in Europe, will generate 36 GWh of green electricity a year. The project is of strategic significance for Axpo in its development of renewable energies.

Renewable energy 26.04.2024

Axpo and Rhiienergie open largest green hydrogen production plant in Switzerland

Axpo and electric utility Rhiienergie opened the first green hydrogen production plant in Switzerland’s Graubünden canton, it was announced today. The facility, the country’s largest, is located next to the Reichenau hydropower plant in Domat/Ems and can produce up to 350 tonnes of green hydrogen a year. The inclusion of hydrogen in the energy mix will play an increasingly important role in ensuring the future security of supply.

International business 09.04.2024

Axpo and ENEGO consider 100 MW green hydrogen production plant in Sicily

Axpo has signed a cooperation agreement with French energy investor ENEGO to study the feasibility of a 100 MW green hydrogen plant in Sicily, it was announced today. The project shall be located in the Priolo-Augusta industrial complex on the island’s east coast. Contributing to the creation of a so-called ‘hydrogen valley’ running between Catania and Siracusa, the new plant would help meet demand for green from industries in the surrounding area. For Axpo, this is a further step in its strategy of playing an active role in the development of the green hydrogen economy in Switzerland and Europe.

Grids 08.04.2024

Axpo acquires specialist software company LINIA

Axpo has acquired the Swiss software company LINIA, it was announced today. Completed on 1 April 2024, the deal marks Axpo’s further expansion into automated electricity grid inspection, giving it a unique full-service offering and access to new markets.

International business 03.04.2024

Axpo enters biomethane market in Portugal

Axpo has launched a biomethane project in Portugal that will use agricultural waste to produce more than 15 gigawatt hours of renewable energy a year. Axpo subsidiary Goldenergy, the country’s only energy provider to exclusively sell green electricity and gas, will purchase the plant’s entire production and inject it into Portugal’s natural gas network. The facility is due to commence operations in late 2025.

Company 28.03.2024

Strengthening security of supply: Axpo is giving a clear Yes to the new electricity law, assessing the potential of operating Beznau for longer, and is prepared to construct a reserve power plant

Switzerland needs more electricity to achieve its climate goals. In order for the expansion of renewable energies to become a reality, we need a clear Yes to the draft of the new electricity law on 9 June. To further strengthen security of supply, Axpo has decided to clarify the technical feasibility of operating the Beznau nuclear power plant beyond 60 years. Axpo has also responded to the federal government’s tender (which ends today) and submitted a project for a reserve power plant for emergencies.

Solar energy 13.03.2024

Axpo discontinues planned alpine solar project in Glarus Süd

Following extensive investigations, Axpo has decided to discontinue its planned solar project in Glarus Süd. The reasons behind this decision are natural hazards, limited environmental compatibility and low energy yield. Axpo and the municipality of Glarus Süd regret this decision. Axpo will continue to invest in sustainable forms of energy and drive its Alpine projects forward.

International business 08.03.2024

Axpo and Jabil extend energy partnership in Hungary

Axpo and Jabil, a leading global electronics manufacturer headquartered in the United States, have renewed their long-term partnership in Hungary with a renewable energy corporate power purchase agreement (cPPA), it was announced today. The seven-year deal covers Jabil’s entire energy consumption in Hungary at two locations, marking an important advance towards the company’s environmental, social and corporate governance (ESG) goals.

Renewable energy 07.03.2024

Axpo joins hydrogen transport project in France

Axpo is investing in a hydrogen production and distribution initiative to power the transportation sector in France’s Arve Valley, in Haute-Savoie, it was announced today. The “Arve Hydrogène Mobilité” project (Arv’Hy) will see hydrogen-powered vehicles filling up at an H2 service station from the first quarter of 2025. The project is supported by a number of partners, including Atawey, a pioneer in the development of H2 filling stations, and Jean Lain Mobilités, a major distributor of vehicles in the French Alps, including hydrogen-fuelled cars.

Company 05.03.2024

The electricity industry is in agreement: an electricity agreement with the European Union remains the main priority

The meeting of Switzerland’s largest energy producers and grid operators took place today on the subject of why the country needs an electricity agreement with the EU. Numerous key figures from politics, the electricity sector and the authorities discussed the importance of an electricity agreement for Switzerland. The tenor was clear: an electricity agreement with the EU would ensure greater security of supply, grid stability, legal certainty and opportunities for Switzerland to help shape the future.

Renewable energy 23.02.2024

Axpo and SGV plan hydrogen passenger vessel on Lake Lucerne

Axpo is participating in the H2Uri company in Bürglen, central Switzerland. The regionally produced hydrogen will be used to power a passenger vessel on nearby Lake Lucerne, operated by the Lake Lucerne Navigation Company (SGV) AG, it was announced today. In addition to Axpo and SGV, EWA-energieUri and AVIA Schätzle are also involved in the project.

International business 20.02.2024

Axpo joins major green hydrogen project in Italy

Axpo is joining a large-scale green hydrogen project in the Abruzzo region of Italy, it was announced today. Using existing industrial facilities in Corfinio, Axpo is partnering with Infinite Green Energy (IGE), which initiated the project, to deliver up to 12 tonnes of hydrogen a day to help decarbonise customers’ operations in so-called ‘hard-to-abate’ industrial and transportation sectors. The project includes a 30MW electrolyser powered by a 45MWp solar plant, making it one of the largest hydrogen plants in Italy.

International business 15.02.2024

Axpo and Borealis sign two new long-term wind PPAs

Axpo and Borealis, a leading global provider of sustainable polyolefins solutions, have joined forces once again to sign their fourth and fifth power purchase agreements (PPAs), it was announced today. The ten-year deals in Sweden and Belgium were signed in 2023, and follow three earlier long-term agreements in 2023, 2022 and 2021.

International business 12.02.2024

Axpo opens its first large-scale battery storage facility in Sweden

The commissioning of Axpo’s first large-scale battery storage facility in Sweden, announced today, marks the latest milestone in the expansion of its battery business. The 20MW/20MWh plant, connected to the electricity grid by local energy company Landskrona Energi, follows several projects in Switzerland and Europe. The new facility was officially inaugurated on 12 February 2024 at a ceremony attended by representatives from politics and business.