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Solar power

The world is embracing solar power on a scale we haven’t seen before; it’s a clean, abundant, inexhaustible source of energy bringing benefits at the local and global scale. Statkraft has developed solar projects for over twenty years, and our ambitions remain high. 

We develop and own solar power assets, and are looking for opportunities to expand across the UK, as well as further into Europe, South America and India.

Having acquired solar pioneer Solarcentury in November 2020, our highly skilled solar development team operates across Europe and Latin America with a global pipeline of over 6.5GW, positioning us as a major developer in the European solar market. 

Solar power in numbers

  • 700 MWp
    UK solar projects installed
  • 210,000
    Equivalent homes powered with green electricity
  • 20
    British utility-scale solar farms built

Towards number one

As the world’s energy demands continue to increase, solar power will play an ever more important role in the global energy system. A sharp drop in the cost of solar technology coupled with an increasing demand for renewable energy means that solar power is now the fastest-growing energy source in the world. Solar capacity has grown 27 times over the last decade and solar energy is expected to outshine other renewables as the world’s largest source of electricity from 2035, according to Statkraft’s Low Emissions Scenario. In 2050, solar power is expected to account for 38 per cent of global power generation.

Low Emissions Scenario

According to our Low Emissions Scenario, solar PV will become the largest source of power generation already in 2035, and in 2050 it will meet close to 40 per cent of the world’s energy demand. By that time, the cost of solar PV will have fallen by 50 per cent..

Lange Runde solar energy park in Emmen
Location: Emmen, the Netherlands
Photo: Ole Martin Wold

Lange Runde solar energy park will help the Netherlands meet its climate targets. Bart Robrecths and Andrea Boccabella from Statkraft's solar team kept the construction process on track.

Renewables: Bright future for solar energy

The sun is the fastest-growing energy source in the world. If the trend continues, up to 30 per cent of the world's electricity needs can be met by solar energy by 2040. This has renewed Statkraft's interest in investing in solar power.

Floating solar panel
Location: Banja, Albania
Photo: Statkraft

Floating solar power being tested in the reservoir at Statkraft's hydropower plant in Banja, Albania.

Renewable: First floating solar power plant

Calm reservoirs in sunny southern regions. Why not double the benefits and use the hydropower reservoirs to produce solar power too? For the first time, Statkraft is testing floating solar power at a hydropower plant in Albania.

Large batteries in Dörverden, Germany
Location: Dörverden, Germany
Photo: Sabine Grothues

In 2016, Statkraft installed a large set of batteries at the Dörverden run-of-river power plant in Germany.

Renewable: Balancing with batteries

Solar cells generate power when the sun shines, and wind turbines when the wind blows, but not necessarily when the need for energy is greatest. Can batteries store renewable energy "in a can" – for later use?

Black friars
Solarcentury

Renewables leader Statkraft boosts solar capability with the acquisition of Solarcentury

Statkraft, Europe’s largest producer of renewable energy, has signed an agreement to acquire the solar pioneer Solarcentury. Together the companies are well positioned for accelerated growth in solar and to become one of the world’s leading renewable energy companies.

Your questions answered

How does solar power work and what to expect as a resident living near a solar farm? We've compiled a list of the most frequently asked questions here.