ST

Statkraft

Cork, Ireland

HydroWindSolarBiomassEnergy StorageState-owned enterprise
Founded 18955000+ employees
Profile last updated: September 26, 2026

About

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

Statkraft is Europe's largest renewable energy generator, owned by the Norwegian State. It develops, owns and operates hydropower, wind, solar and battery storage assets, and markets their output through physical and financial energy solutions and power purchase agreements. Statkraft is also an active energy trader across more than 20 countries and trades renewable and carbon certificates. In Ireland, since entering the market in 2018, it develops, builds, owns and operates onshore wind, solar and battery storage projects and provides third-party asset management services. The company has around 6,200 employees across more than 20 countries.

Headquarters

Cork, Ireland

Founded

1895

Employees

5000+

Company type

State-owned enterprise

Focus areas

hydropowerwind powersolar powerbattery storagepower purchase agreementsenergy tradingrenewable certificatesvirtual power plantasset managementroute-to-market

Products & services

Business models

B2BIPP

Value chain

DevelopmentConstructionO&MAsset ManagementTradingCommunity Engagement

Service areas (4)

  • Asset management

    Third-party wind, solar and battery operations and management services in Ireland.

  • Power purchase agreements

    Short and long-term power purchase agreements for corporate and other customers, including a route-to-market for battery optimisation.

  • Energy trading and renewable certificate trading

    Trading of energy, commodities and renewable and carbon certificates across energy markets.

  • Wind and solar development in Ireland

    Development of onshore wind, solar, battery storage and grid services projects.

Locations

Headquarters

Building 3400, Cork Airport Business Park, T12 AE76, Cork, Ireland

Operating locations (1)

  • Axis Business Park, Clara Road, Tullamore, Offaly, Ireland

Service regions

IrelandEuropeRepublic of IrelandNorthern Ireland

Projects

9

Clonfad Solar Farm

OperationalSolar farm

Solar farm in Westmeath, completed in 2025, with an approximate output of 175 MW.

175 MW capacityClonfad, Ireland

Monaraha Solar Farm

OperationalSolar farm

Solar farm in Co Tipperary with over 45,000 panels and an approximate output of 21 MW, completed in 2024.

21 MW capacityIreland

Kilathmoy Wind Farm

OperationalOnshore wind farm

23.5 MW onshore wind farm on the Limerick/Kerry border, operational since February 2020.

23.5 MW capacityIreland

Kelwin-2 Battery Project

OperationalBattery storage

Second large-scale battery project in Ireland, completed in Tarbert, Co Kerry.

26 MW capacityTarbert, Ireland

Cushaling Battery Energy Storage System

OperationalBattery storage

Ireland's first 4-hour grid-scale battery energy storage system, officially opened in Co Offaly.

Ireland

Irishtown Solar Farm

Under ConstructionSolar farm

Solar farm in Co Meath, construction started in 2024, with an approximate output of 50 MWp.

50 MW capacityIreland

Kilcush Solar Farm

Under ConstructionSolar farm

Solar farm in Co Offaly, construction started in 2026, expected to power around 20,000 homes.

Ireland

Harlockstown Solar

Under ConstructionSolar farm

Solar project in Ireland where construction was launched with a sod-turning ceremony attended by a government minister.

Ireland

Monaincha Wind Farm

OperationalOnshore wind farm

Wind farm in Ireland managed by Statkraft on behalf of its owners.

Ireland

Credentials & affiliations

Awards

Best Small Workplace in Ireland

Great Place to Work2023

Partnerships

Microsoft, Copenhagen Infrastructure Partners

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