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Statkraft

Statkraft AS

Oslo, Norway

HydroWindSolarEnergy StorageBiomassOtherState-owned enterprise
Founded 18955000+ employees
Profile last updated: March 13, 2026

About

Founded in 1895, Statkraft is a state-owned enterprise headquartered in Oslo, Norway with approximately 5000+ employees specializing in Hydro, Wind, Solar.

Statkraft is a Norwegian state-owned renewable energy company and Europe's largest producer of renewable energy. It develops, operates and owns hydropower, wind and solar assets and operates gas power and district heating plants, and it is also a global energy trading player. Founded in 1895, its headquarters are in Lilleaker, Oslo, and it has around 6,500 employees in 20 countries. Its activities include hydropower rehabilitation and upgrades in Norway, wind development in Norway, Sweden, the UK, Ireland, Brazil and Spain, and international hydropower projects in South America, Asia and the Balkans.

Headquarters

Oslo, Norway

Founded

1895

Employees

5000+

Company type

State-owned enterprise

Focus areas

hydropowerwind powersolar powerenergy tradingrenewable energyenergy storagehydrogenelectric vehicle chargingdistrict heating

Products & services

Business models

B2B

Value chain

DevelopmentConstructionO&MAsset ManagementTradingAdvisory

Service areas (1)

  • Hydropower, wind, solar and energy trading

    Development, operation and trading of renewable power generation across Europe, South America and Asia.

Locations

Headquarters

Lilleakerveien 6, 0283, Oslo, Norway

Service regions

NorwaySwedenUnited KingdomGermanyNetherlandsSpainIrelandAlbaniaTurkeyBrazilChilePeruIndiaNepal

Projects

9

Aura og Osbu hydropower upgrade

PlannedHydropower upgrade

Planned upgrade of Aura and Osbu hydropower plants in Sunndal to use water resources more efficiently, including a new underground plant.

Sunndal, Norway

Svean hydropower plant

Under ConstructionHydropower

Construction of a new power station to replace the existing Svean plant, which is nearing the end of its technical life.

Norway

Bjølsegrø dams rehabilitation

PlannedDam rehabilitation

Rehabilitation of the Bjølsegrø dams in Kvam to meet current safety requirements, with works planned for 2026 to 2029.

Kvam, Norway

Fosen wind power development

OperationalOnshore wind farm

Six wind farms in Mid-Norway developed as a joint venture, gradually commissioned between 2018 and 2020, including Roan, Storheia and Hitra.

Norway

Smøla wind farm

OperationalOnshore wind farm

Norway's first large wind farm, with 68 turbines and an annual production of about 450 GWh.

Smøla, Norway

Banjë hydropower plant

OperationalHydropower

Hydropower plant in the Devoll project, officially opened in August 2016, about 65 km southeast of Tirana.

Albania

Ventos de Santa Eugênia Wind Complex

OperationalOnshore wind farm

Statkraft's largest wind complex outside Europe, with 519 MW capacity, developed as a hybrid project with solar and battery storage.

519 MW capacityBrazil

Andershaw wind farm

OperationalOnshore wind farm

Wind farm in Scotland, completed in 2017.

United Kingdom

Lange Runde solar park

OperationalSolar park

Netherlands' largest solar plant when officially opened in February 2018, producing electricity equivalent to the consumption of 4,000 households.

Netherlands

Credentials & affiliations

Partnerships

Norfund, Statoil, E.ON, Masdar, Google, OX2, BayWa r.e., Grid Battery Storage, Södra, Nordic Wind Power, TrønderEnergi, Lyse, Norwegian Ocean Sun, Mark-E, EVN, Sira Kvina, Aneo

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