Cloudberry reports strong Q2 with 39% production growth

Cloudberry Clean Energy ASA reported consolidated revenue of NOK 106m and proportionate revenue of NOK 157m in Q2 2025. Proportionate production increased 39% to 199 GWh, with an average net power price of NOK 0.62 per kWh.

The company formed one of the Nordics' largest small-scale hydro platforms with Swiss Life, boosting hydro production to around 500 GWh. Cloudberry also partnered with OX2 for the Duvhällen project and reached final investment decision for the 24MW/48 MWh Dingelsundet Battery Project.

The company maintains a proportionate cash balance of NOK 848m.