Rundedal solar park in the Netherlands
The world is embracing solar power on a scale we have never seen before. Statkraft has developed solar power for the past ten years, and our ambitions are high.
Today, approximately 26% of the world’s power production comes from renewable energy sources. In the future, our society is going to need even more energy, and this will mainly be covered by renewables. Power production is expected to increase with 45% to 70% by 2040. Wind and solar power alone will account for half of this production. Hydro, wind and solar power complement each other and are perfect partners. New battery technology can store electricity, making solar power even more economically viable..
Statkraft develops and owns solar power assets in India and the Netherlands, and is looking for opportunities to expand both in Europe and South America.
Towards number one
Our solar power ambitions
To meet the increased need for renewable energy solutions we are ramping up as a major solar and wind developer. We have built 1 GW of wind and solar, and have yet another gigawatt under construction. Our ambition is to develop 2 GW of solar power by 2025.
Solar power is a highly scalable energy source, as solar systems exist in many different sizes, from small plants on rooftops to utility-scale solar parks. Our strategic focus is on the latter type of development.
Read more about our strategic ambitions
How solar plants work
The energy from the sun’s radiations is referred to as solar energy. This energy is received as heat and light and can be converted to various useable forms – the most common being electricity. Photovoltaic cells convert the energy from solar radiations into electricity.
Richard MardonHead of Business & Project Dev, UK Wind and Solar