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flag Equinor launches Power PWR to unify renewables and power assets, adapting to growing electricity demand.

flag Equinor, a Norwegian energy firm, is creating a new business unit called Power PWR to combine its renewables and flexible power assets, aiming to strengthen its position in the growing power market. flag Led by Helge Haugane, the unit will integrate offshore and onshore wind projects, solar, and energy storage to ensure grid stability and increase value creation. flag Equinor sees this move as crucial for adapting to rising electricity demand from electrification, AI, and data centers.

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