The company develops hydroelectric power plants in emerging markets outside Europe. It generates power from hydro, wind, gas, solar and bio-power sources. It generates power from hydro, wind, gas, solar and bio-power sources. Ensure that our website functions properly. Uniper readopted the name Sydkraft for its operations in Sweden. Sydkraft AB is involved in the generation of thermal, nuclear and hydro power through its subsidiaries. We believe that renewable energy can power every industry, every business, every community, every home. The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating. Type Private Status Active Founded 1895 HQ Oslo, NO | view all locations Website https://www.statkraft.com/ Cybersecurity rating ESG rating 60-79 out of 100 | View all ESG data Sectors Energy & Utilities GlobalDatas expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. Important locations and subsidiaries - A list of key locations and subsidiaries of the company, including contact details. (SPACs), Transportation, Infrastructure & Logistics. The company has 5300 employees in 21 countries with their headquarters located in Oslo, Norway. The product is a PDF. Statkraft is headquartered in Oslo, Norway. [3] The total project is expected to cost more than 600 million euros.[4]. Power industry news, data and in-depth articles on the global trends driving power generation, renewables and innovation. Europe is responsible for development and ownership of wind, solar, grid services, hydro assets in Europe outside of the Nordic countries. Statkraft is the largest producer of hydropower in Europe and ranks in the top ten worldwide. "Statkraft and E.ON have signed 4.5 billion swap agreement", https://en.wikipedia.org/w/index.php?title=Sydkraft&oldid=1127865148, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 17 December 2022, at 02:31. Target project contacts by company, project and location. Private equity deal activity in the power industry in The US decreased by 19% in Q1 2023, Whos investing where? We develop and operate renewable energy assets within hydropower, wind, solar, gas and biomass, supply district heating and buy and sell energy. 1 0 obj It generates power from hydro, wind, gas, solar and bio-power sources. Statkraft has 5,300 employees in 21 countries. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect. Statkraft has 5,300 employees in 21 countries. Access more premium companies when you subscribe to Explorer, Contact the team or request a demo to find out how our data can drive your business forward, Transportation, Infrastructure and Logistics, Top 10 Power Plant Owners in Europe by Capacity, Gain a 360-degree view of Statkraft AS and make more informed decisions for your business, P.O.Box 200, Lilleakerveien 6, Oslo, 0216, Gain access to our premium signals and make informed decisions for your business, Understand Statkraft AS portfolio and identify potential areas for collaboration, Dive into past operations, including product releases, deals, acquisitions & more, Benchmark the company against the market with exclusive information on key competitors, Gain insight into Statkraft AS key executives to enhance your sales strategy, GlobalData Plc 2023 | Registered Office: John Carpenter House, John Carpenter Street, London, EC4Y 0AN, UK | Registered in England No. Download Statkraft AS' latest annual report or quarterly interim report. This company develops and generates hydropower, wind power, gas power, and district heating. Renewable energy certificates & emission reductions, StatkraftHUB - The Zero Emission Conference. We also continue to innovate, putting renewable energy to work in new ways. It owns the 600 MW Baltic Cable transmission cable between Sweden and Germany. We understand and match the needs of all parties and enable a profitable transition to green energy. Company history - Progression of key events associated with the company. Many of the projects in the portfolio are in the advanced stages of development and some of them will participate in the upcoming Renewable Electricity Support Scheme (RESS) auctions. Statkraft AS is the parent company of multiple subsidiaries, and is fully owned by Statkraft SF, which is owned by the Norwegian Ministry of Trade, Industry and Fisheries. stream Group management consists of the CEO and the Executive Vice Presidents (EVP's) of the Business and Staff Areas. endobj We help our customers manage their individual risks and maximise value by handling the complexities of the energy and commodity markets. Our approach to business shall always be sustainable and responsible, and we use the Sustainable Development Goals as a guiding framework. Statkraft is involved in other hydropower projects in the Nordic region and Southeast Europe. BOX: 200 0216 OSLO Norway, Please consider the environment, print only if necessary. Visiting address:Lilleakerveien 6, NO-0283 Oslo, Norway. Primary NACE classification: x;`wE:$srnn9X1*Lf info@opencorporation.org Today, we are Europes largest renewable energy producer and a global company in energy market operations. This function is not a member of the corporate management and participates in the CFO management team. Eman will help you find what you are looking for. Is the tide turning for Australias fossil fuel exports? It is based in Oslo, Norway. <>/Font<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 780 540] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> The main shareholders were previously Scottish Equity Partners, VantagePoint Capital . Statkraft has been making clean energy possible for over a century. The companys services include analysis and consulting services, and energy services, among others. The company develops hydroelectric power plants in emerging markets outside Europe. Language links are at the top of the page across from the title. Our corporate governance statement clarifies the distribution of roles between the Norwegian state as owner, the board and the management in the company. Download the full report to align your strategies for success and get ahead of the competition. Dahanu Solar Power Completes Project Financing of $84.30 Million for Solar PV Power Plant in Raja Lightsource bp secures financing to build 368MW solar projects in US, Iberelica to supply renewable energy for Cepsas green hydrogen projects, Constellation to acquire NRGs stake in 2.6GW Texas nuclear power plant. This company did not compile the OpenCorporation questionnaire, for this reason [2] After split of Uniper from E.ON, E.ON Sverige's thermal, nuclear and hydro power generation was given to Uniper while renewable energy (except hydro), services, distribution, and retail sale remained in E.ON Sverige. We are expanding globally to increase renewable power generation from water, wind and sun. The group has approximately 2,000 employees including the subsidiaries Skagerak Energi and Trondheim Energiverk. Through our market activities, district heating and cooling services, we create value for our customers and the societies we operate in. If as a company manager or official of STATKRAFT AS you want to enter in touch with our staff, provide more information to OpenCorporation or get an account to access and compile the company questionnaire, please write an email to Statkraft has the following subsidiaries: Statkraft has been making clean energy possible for over a century. This organization did not define their priority tags yet. Understand the energy storage landscape for Statkraft AS, drawing on intelligence spanning electrochemical, electromechanical, thermal and hydrogen storage. Have you found what you were looking for? The company has more than 3,200 staff in more than 20 countries. It generates power from hydro, wind, gas, solar and bio-power sources. The history of Sydkraft reaches back to 1906; however, the current company was created as a . Private equity deal activity in the power industry in The UK remained flat in Q1 2023, Whos investing where? At Statkraft, we develop and operate renewable energy assets, buy and sell energy and invest 100 per cent of our growth entirely in renewables. The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating. Our strategy is a response to changing markets. Business description - A detailed description of the companys operations and business divisions. In this, the companys core strengths, weaknesses, opportunities and threats are analyzed, providing you with an up to date objective view of the company. The product is a PDF. In addition, based on our 125-year legacy as a partner to power intensive industries, we can provide reliable and renewable energy supply for data centres. The Board of Directors is responsible for the overall management and supervision of the company. Key competitors - A list of key competitors to the company. The Norwegian state acquired its first ownership rights to a waterfall when they bought Paulenfossen in Southern Norway in 1895. Statkraft is a leading company in hydropower internationally and Europe's largest generator of renewable energy. Help us understand how visitors interact with our website. Statkraft collects personal data to operate effectively and provide you with the necessary services. copy Each MW of these developments will be necessary if we are going to be successful in tackling climate change. Statkraft AS is the parent company of multiple subsidiaries, and is fully owned by Statkraft SF, which is owned by the Norwegian Ministry of Trade, Industry and Fisheries. Its wholly owned subsidiaries are Sydkraft Nuclear Power AB, Sydkraft Hydro Power AB, Sydkraft Thermal Power AB, and Barsebck Kraft AB. Statkraft also has shareholdings in the Norwegian power companies BKK, Agder. History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events. They cannot be disabled. Today, we are Europes largest renewable energy producer and a global company in energy market operations. WaYc==D$t| |f}# @ Acquisitions & Subsidiaries Jul 18, 2022 Bergvik Skog Jul 15, 2021 Solarcentury Apr 10, 2021 Tenhults Feb 08, 2020 Tujo In 1986 the power plants and central power grid were split off as Statskraftverkene, which was divided again in 1992 into Statkraft and Statnett. In 1915, in cooperation with the Swedish and Danish electricity grids, Sydsvenska Kraftaktiebolaget participated in the construction of resundskabeln, the first electricity interconnection between Sweden and Denmark. Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. By 2025, Statkraft aims to achieve 2,000MW of solar and 6,000MW of wind power capacity. The majority of our energy production is generated through this renewable energy source. We facilitate shovel-ready data centre site projects, helping investors reduce risks and time to market. From start-ups to market leaders, uncover what they do andhow they do it. Statkraft, Europe's largest producer of renewable energy, has signed an agreement to acquire the solar pioneer Solarcentury. Please select an option from the list below. Statkraft is a leading company in hydropower internationally and Europe's largest generator of renewable energy. support@opencorporation.org. In 1977, the company changed its changed name to Sydkraft. 3 0 obj Major products and services - A list of major products, services and brands of the company. It is a subsidiary of the international energy group Uniper for operations in Sweden. N.B. By driving technology development, bringing new market solutions to maturity and putting renewable energy to work in new ways, we are leading the shift to renewable energy. The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating. is owned by Statkraft Markets GmbH (99.32 %) and Statkraft Markets B.V. (0.68 %). In February, the company and Inovy signed two long-term green power agreements. The CFO & IT organisation is responsible for optimising financial management, driving Group performance, allocating resources efficiently, managing risk, and IT. 100 % Devoll Hydropower Sh.A. The company is engaged in the generation of thermal, nuclear, and hydro power. : This evaluation refers to 2020 and is outdated: Our main trading desks are located in Oslo, Dsseldorf and London. In 1971, the Oskarshamn Nuclear Power Plant was commissioned, with Sydsvenska Kraftaktiebolaget as major shareholder. % All Rights Reserved. It also owns majority stake in OKG AB. The CEO is responsible for the day-to-day . IPP (Independent Power Producer), Hyderabad, New Delhi, New Delhi - Hyderabad, Navigating Through Price Caps & Other Surprises: The Future of PV Project Development, Energy Trading Opportunities for Asset Owners. It specializes in developing, building, and operating hydro, wind, solar, gas, and biomass assets. Executive biographies - A brief summary of the executives employment history. This product is a company SWOT Analysis. The majority shareholding in Sydkraft AB was acquired in 2001 by E.ON in a deal valued at US$6.5billion. Access new construction projects and identify projects matching key criteria such as location, stage, sector, size, funding and many others. Our corporate governance statement clarifies the distribution of roles between the Norwegian state as owner, the board and the management in the company. Statkraft is a global company in energy market operations. Statkraft AS (Statkraft), a subsidiary of Statkraft SF, is a power utility which produces electricity and supplies district heating. Roan wind farm in Norway, one of the wind parks included in Fosen Vind. Statkraft AS (Statkraft), a subsidiary of Statkraft SF, is a power utility which produces electricity and supplies district heating. Statkraft has worked with solar energy since 2010 and has solar power plants in India and the Netherlands. Credit: Statkraft. Nordics is asset owner of Statkraft's power production within hydro, wind and solar in the Nordic countries as well as ownership position in other Norwegian regional power The Business area will also be responsible for Statkraft's offshore wind development. Including the subsidiaries Skagerak Energi and Trondheim Energi, the group has some 2100 employees.. Statkraft is a Norwegian state owned electricity company. Each license type allows a set number of users to access the report. The acquisition of the solar portfolio will be a further addition to Statkraft Irelands renewable energy capacity in the country, as the company has an existing onshore wind capacity of 1.25GW along with 500MW of offshore wind. By basing our district heating and cooling services on renewable sources like waste and biofuel, we contribute towards a more climate-friendly energy supply while providing stability and flexibility to our customers. The read only version of the questionnaire submitted to this company is publicly available: Including the subsidiaries Skagerak Energi and Trondheim Energi, the group . Development status The project construction is expected to commence from 2025. (30 October, 2020, Oslo) Nel Hydrogen Electrolyser AS, a subsidiary of ASA (Nel, OSE:NEL) and Statkraft AS (Statkraft) have signed a letter of intent (LoI) for the delivery of 40 - 50 MW of alkaline electrolysers to support green steel production by Celsa Armeringsstl AS (Celsa) at Mo Industripark in Norway. The company develops hydroelectric power plants in emerging markets outside Europe. Save hours of research time and resources with our up-to-date, most comprehensive Statkraft AS. Statkraft is organised in fem business areas and two staff areas. Asset Owner [1], In 2013, Statkraft began constructing the Devoll Hydropower project In south eastern Albania. They let us give you a better experience, and help us improve our products. On 16 September 2005, Sydkraft AB changed its corporate name to E.ON Sverige. Group management consists of the CEO and the Executive Vice Presidents (EVP's) of the Business and Staff Areas. Sydkraft AB is a power company headquartered in Malm, Sweden. Corporate strategy - The publisher's summarization of the companys business strategy. This is a site license, allowing all users within a given geographical location of your organization access to the product. Copyright 2002-2023 Research and Markets. The company is engaged in the generation of thermal, nuclear, and hydro power. For more details on Bore Array Offshore Wind, buy the profile here. Statkraft AS (Statkraft), a subsidiary of Statkraft SF, is a power utility which produces electricity and supplies district heating. url copied. Statkraft will purchase all electrical output from the floating wind project with a guaranteed minimum price per MWh until 2029. 2 0 obj Statkraft AS is a hydropower company, fully owned by the Norwegian state. From 1950 to 1960, the state constructed large hydropower plants across the country. Statkraft achieved record revenues and results in bo For seven consecutive years, Statkraft has looked ahead towards 2050 and presented its analysis of the future. The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating. Gain key insights into the company for academic or business research purposes. Identify potential customers and suppliers with this reports analysis of the companys business structure, operations, major products and services and business strategy. We trade energy in more than 20 countries and are active in 13 Energy Exchanges. Group Management. The group has also opened offices in France (2009) and the United States. Statkraft, via its 100% owned subsidiary Gronn Kontakt UK Ltd, will take on the current electric vehicle charging network staff in the UK and will manage, operate and maintain the charging stations. International is responsible for acquiring, developing, owning and operating renewable assets outside western Europe, and covers hydro, wind, batteries and solar. endobj 03925319, Artificial Intelligence: Leading Technology Companies, Cybersecurity: Leading Technology Companies, Electric Vehicles: Leading Technology Companies, Strategic Alliances Announced in Last 12 Months, Special Purpose Acquisition Corps. Through the 1990s and 2000s Statkraft acquired a number of local power plants in Norway in addition to expanding internationally. From Wikipedia, the free encyclopedia Statkraft AS is a hydropower company, fully owned by the Norwegian state. Statkraft AS - Major Products and Services, Statkraft AS - Locations And Subsidiaries, Statkraft AS, Power, Deals By Year, 2017 to YTD 2023, Statkraft AS, Power, Deals By Type, 2017 to YTD 2023, Mar 20, 2023: NCC commissioned to remodel hydropower plant in Jmtland, Sweden, Mar 07, 2023: Valmet to replace turbine automation at Statkrafts gas power plant in Emden, Germany, Mar 07, 2023: CMC Poland enhances strategic partnership with Statkraft - up to 400 GWh per year, Mar 02, 2023: Statkraft Announces Results for the fourth quarter and year end 2022, Feb 28, 2023: Statkraft and Elkem sign new competitive long-term power agreement in mid-Norway, Feb 27, 2023: Statkraft AS: Release of fourth quarter results 2022 and annual report for 2022, Feb 27, 2023: Statkraft Announces Release of fourth quarter results 2022 and annual report for 2022, Statkraft AS, Major Products and Services, Statkraft AS, Power, Deals by Type, 2017 to YTD 2023. Sydkraft was founded in 1906 as Sydsvenska Kraftaktiebolaget with August Schmitz as CEO. url copied, Source: European Trade Union Institute (ETUI), Trade union organizations linked to headquarters and subsidiaries, Global Confederation Headquarters Norway. We are also developing portfolios globally including in Brazil, Chile, India, the UK and Ireland. Statkraft acquires 320MW solar project portfolio in Ireland. It serves customers in Norway, Germany, Sweden, the UK, Albania, Brazil, Peru, and other countries. Visiting address:Lilleakerveien 6, NO-0283 Oslo, Norway. copy If you detect corporate behavior in contrast with what emerges from the OpenCorporation corporate rating card in your country, or in the branch where you work, report it to Statkraft has developed solar projects for over twenty years, is a leading solar developer in the European solar market and plan on growing solar portfolios globally. The company develops hydroelectric power plants in emerging markets outside Europe. Solar power will be an even more important energy source in the future. 3'g v~I Z!NE6"qw4hdmH96L?re|Y~dX=>)|F({m+t{R%@# 24{y/vcjoxZc/ 4+Y!sq-Rugzw4t As part of their growth strategy, Statkraft had acquired companies in Brazil, Chile and Peru. The transaction made Statkraft Europe's largest producer of renewable energy in 2018. Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. so that our team can take it in account. subsidiaries, joint ventures and associates, please refer to notes 24 and 39 to the Group Financial . You need to be logged in to bookmark content, # of Solarplaza events this organization has attended or been involved with, # of years during which this organization has actively attended Solarplaza events. The acquisition of this 320MW of solar energy further diversifies our own portfolio and continues our upward growth trajectory. The CEO is responsible for the day-to-day management of the company. We provide tailored solutions for charging electric vehicles powered by our own renewable energy in Norway, Sweden, Germany and the UK. Speak directly to the analyst to clarify any post sales queries you may have. Solar Market Snapshot The Netherlands (2021), Top 50 - Operational Solar Projects The Netherlands, Copyright 2023 Solarplaza International. Statkraft is a global company in energy market operations. By downloading this case study, you acknowledge that GlobalData may share your information with, Industrial solutions for power generation, Scotlands hydrogen strategy: Building a green energy economy, Navigating the carbon conundrum: solutions for a changing energy sector. Wind power is a renewable and emission free energy resource. Marketsis responsible for commercially optimising and developing Statkrafts flexible generation portfolio as well as providing market access, supporting investment decisions and securing long-term value through global hedging strategies. . Statkraft subsidiary Statkraft Ireland has completed the acquisition of nine solar projects from JBM Solar in Ireland for an estimated fee of $17.3m (15.5m). Statkraft has 5,300 employees in 21 countries. District heating is a separate energy system that forms a natural part of the energy supply for towns and cities and densely populated areas. * The position of map pins may not reflect the exact location. This product is a company SWOT Analysis. This product is a company SWOT Analysis. Statkraft AS - Strategic SWOT Analysis Review. display the current evaluation. On 24 July 2008, Statkraft AS and E.ON AG signed a final agreement on asset swap, according to which E.ON acquired Statkraft's 44.6% of shares in E.ON Sverige by exchange of assets worth of 4.5billion. The CEO is responsible for Statkrafts operations towards the Board and has delegated various responsibilities to the Executive Vice Presidents (EVP) of the business and staff areas. ]UYUf b2#3.}W{XB0bgwwws{suL|?wn7Xc0B= HkO_y>3H#o34m-;xs >T>+iw\0u ?,csSM/~w~5l8| ;e|;q`3%#s[{||s^;_ o In April, the company announced the acquisition of two wind farms under development in Shetland. Statkraft AS (Statkraft), a subsidiary of Statkraft SF, is a power utility which produces electricity and supplies district heating. The link below will always open the 2020 evaluation: 2020: https://www.opencorporation.org/en/ranking/statkraft-as/2020 In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the countrys total power installed capacity mix to 80%. Statkraft is a global company in energy market operations. We aim to use our renewable energy supply to power electrolysis, providing green hydrogen as a climate-friendly and affordable alternative to fossil fuels for industry customers and the construction and transportation sectors. The transaction is an acquisition of 100 per cent of the shares in Solarcentury Holdings and its subsidiaries. Production of electricity (3511). HVAC (Heating, Ventilation, & Air Conditioning). The link below will always open the latest evaluation available: Last: https://www.opencorporation.org/en/ranking/statkraft-as/last This product is a company SWOT Analysis. SWOT analysis - A detailed analysis of the companys strengths, weakness, opportunities and threats. Sydkraft Energie AB. Statkraft is a subsidiary of Statkraft SF (owned by the Norwegian Ministry of Trade, Industry and Fisheries). Hydroelectric power provides the majority of Statkraft's renewable energy. Used to track visitors across our website and to display more relevant ads. After all its our business to accelerate the sustainable energy transition. In 1921 The Norwegian Water Resources and Energy Directorate (NVE) was created to operate the nation's power plants. Key elements such as SWOT analysis and corporate strategy are incorporated in the profile to assist your academic or business research needs. Solar power is the fastest growing renewable energy globally. Ministry of Trade, Industry and Fisheries, "Statkraft kjper 43 vindkraftverk i Tyskland og Frankrike", "Norwegian utility Statkraft makes $151 million swoop on Solarcentury", https://en.wikipedia.org/w/index.php?title=Statkraft&oldid=1152779387, This page was last edited on 2 May 2023, at 07:59. Statkraft has 5,300 employees in 21 countries. Statkraft SF was created as a government enterprise. In the 1970s, the company moved into production of nuclear power. The main shareholders were previously Scottish Equity Partners, VantagePoint Capital Partners, Zouk . Statkraft is organised in five business areas and two staff areas. Work carried out to date has ensured that the Irish electricity grid system is operating successfully with renewable energy levels of up to 65% at any given time which proves that we are not that very far away from having a Grid system which can be run almost exclusively on renewable energy.. Matteo Neri, General Manager for Statkraft subsidiaries in Italy, has busy workdays traveling around the southern Italian regions of Puglia, Lazio, Molise and Sicily to identify and develop the best solar power project opportunities for Statkraft to invest in. Subsequent to that it will enter into commercial operation by 2029. Our values define, unite and drive us in our mission to lead the shift to renewable energy. The company is Europe's leader in renewable energy. Home Category : Mergers & Acquisitions News STATKRAFT 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 November 16, 2020 Affiliated Subsidiaries Country Company Name; Brazil Statkraft Energias Renovaveis S/A: United Kingdom Bryt Energy: Peru Statkraft Per S.A. . The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050. Banja power plant was completed in 2016,[2] with the third being completed by 2019. The company has more than 200 power and district heating plants with a total installed capacity of approximately 16 000 MW; and total annual power generation is approximately 57 TWh, of which almost 90 percent is hydro power. We use excess heat to heat and cool buildings, towns and cities across the Nordic region. News "The market is booming", Matteo says, sitting in Statkraft's central Rome . Understand and respond to your competitors business structure and strategies with the publisher's detailed SWOT analysis. Apr 05, 2023: Statkraft signs PPA for 210MW solar projects in Portugal, Mar 30, 2023: Fortescue Future Industries and Statkraft secure power for proposed Holmaneset green hydrogen and green ammonia project, Mar 20, 2023: NCC commissioned to remodel hydropower plant in Jmtland, Sweden, Mar 13, 2023: Statkraft explores opportunities for its fast-growing EV charging business Mer. We have been making clean energy possible since 1895. Statkraft is currently constructing the largest onshore wind power project in Europe, Fosen Vind in Norway. We have been making clean energy possible for over a century and continue to lead the way towards a carbon free future. With a total energy production of 44.9 TWh in 2007, the Statkraft Group is the third largest energy producer in the Nordic region, as well as the largest energy producer based on . The company develops hydroelectric power plants in emerging markets outside Europe. x}nG C=j~%Z3>xh5HH/x2". Statkraft is a Norwegian state owned electricity company. EU has set ambitious goals for the reduction of CO2 emissions and the development of renewable energy. The Head of Corporate Audit reports functionally to the Board of Directors and administratively to the CEO. The total annual power production was 70 TWh in 2021. Statkraft is a subsidiary of Statkraft SF (owned by the Norwegian Ministry of Trade, Industry and Fisheries) Statkraft has the following subsidiaries: Statkraft Markets; Solarcentury; Statkraft has been making clean energy possible for over a century. Statkraft is a leading company in hydropower internationally and Europes largest generator of renewable energy. In addition, the business area is responsible for the project execution of large projects in Statkraft, and the group procurement function. Statkraft Romania S.R.L. Tune into this webinar to find out how the market has shifted from Feed in Tariffs, to PPAs to merchant solar. We are also developing portfolios globally including in . STATKRAFT AS 2020 | Rating & Ranking | OpenCorporation Rating & Ranking Company details 55.33 Rating 2020 (on 100) Previous 2019 53.98 STATKRAFT AS Norway (NO) Ranking 2020: 175 on 604 companies Primary NACE classification: Production of electricity (3511) Company description In 2007 Statkraft and E.ON signed a letter of intent to swap Statkraft's shares in E.ON Sweden in exchange for flexible power production assets and shares in E.ON. Examine potential investment and acquisition targets with this reports detailed insight into the companys strategic, business and operational performance. The total value of the asset swap was 4.4 billion. Corporate Staff is responsible for functions supporting the whole Statkraft Group, including HR, Corporate Relations (communication and PA), Sustainability, Governance & Compliance, HSSE, Corporate Strategy & Analysis and Corporate Office. Today, we are Europe's largest renewable energy producer and a global company in . This website uses cookies to ensure you get the best experience. This long-term route-to-market partnership with Statkraft, which is for 100 per cent of the electricity generated by the project, has been set up with pre-agreed terms for the full duration, reducing the financial risk to its investors. Statkraft. About Statkraft Statkraft AS (Statkraft), a subsidiary of Statkraft SF, is a power utility which produces electricity and supplies district heating. District heating based on renewable energy sources can have a positive environmental effect. It develops and generates hydropower, wind power, gas power and district heating, and is a major player on the European energy exchanges. Statkraft noted that the deal will allow the company to help Ireland achieve its targets outlined in the Climate Action Plan that was published in June 2019. 4 0 obj Statkraft subsidiary Statkraft Ireland has completed the acquisition of nine solar projects from JBM Solar in Ireland for an estimated fee of $17.3m (15.5m). The Statkraft Group is Europe's largest generator of renewable energy, as well as Norway 's largest and the Nordic region's third largest energy producer. The flexibility of our hydropower reservoirs helps balance the intermittent production of our growing wind and solar portfolio. We cover: The 2020 target compared to what was achieved. view questionnaire. 50 % SN Power AS 50.1 % Fosen Vind AS Statkraft subsidiary Statkraft Ireland has completed the acquisition of nine solar projects from JBM Solar in Ireland. The company is developing new production capacity in selected countries in South America and Asia. Sydkraft AB is a power company headquartered in Malm, Sweden. In 2004, Sydkraft bought the Swedish energy company Graninge. Statkraft develops and generates hydropower, wind power, gas power, district heating and solar power, and is also a player in the international energy markets. Title Level; 2022-08-26: Communication on Progress Statkraft 2021: Active: 2021-08-28: Communication on Progress, Statkraft 2020: Active: 2020-08-29: Communication on Progress: Active: 2019-08-29 . as a company manager or official of STATKRAFT AS, https://www.opencorporation.org/en/ranking/statkraft-as/2020, https://www.opencorporation.org/en/ranking/statkraft-as/last. This is an enterprise license, allowing all employees within your organization access to the product. Statkraft is one of the most important proprietary traders in the European Energy Market. 2023 OpenCorporation | All texts and contents of the website are released under a free license Attribution 4.0 International (CC BY 4.0) unless otherwise specified. In 2004 Statkraft was reorganized as a limited company, Statkraft AS, still wholly owned by the state. The product is a PDF. <> The rating is calculated on the following metrics Key operational heads - A list of personnel heading key departments/functions. With a total energy production of 44.9 TWh in 2007, the Statkraft Group is the third largest energy producer in the Nordic region, as well as the largest energy producer based on renewable energy sources in Europe, consisting of 40% of the production in Norway. The nine projects have a combined capacity of 320MW. In November 2020, Statkraft announced it had acquired Solarcentury for NOK 1.45 billion, taking full control of the company and its solar production facilities in Europe and South America.[6]. Improve competitive bidding with insights into all publicly disclosed IT services contracts for Statkraft AS (including IT outsourcing, business process outsourcing, systems integration & consulting and more). SIC Code 49,493 NAICS Code 22,221 Show More Statkraft Org Chart View Statkraft org chart to access information on key employees and get valuable insights about Statkraft organizational structure. We develop and operate renewable energy assets across Europe, South America and Asia. In February, the company and elkem signed a competitive long-term power agreement in mid-Norway. The Statkraft Group is Europe's largest generator of renewable energy, as well as Norways largest and the Nordic region's third largest energy producer. [1] In 2006, E.ON Sverige sold its broadband network to Tele2. Opinion: Its time for California to decide the future of its floating offshore wind industry, Enercon secures 260MW wind turbine contract in Turkey, India takes a five-year pause on coal power plant commission, Prysmian to expand Finnish plants submarine cable production capacity, Virtually powerful: why the time of the virtual power plant has arrived, Weekly data: How Central Eastern Europe can accelerate its renewables rollout, European gas price lowest since the start of the energy crisis, Whos investing where? It generates power from hydro, wind, gas, solar and bio-power sources. A world leader in sustainable generation, Statkraft is a global company in energy market operations with 4000 employees in 16 countries. Volatile markets caused by the energy crisis and war in Ukraine continue to cause a challenging situation for people and businesses across Europe. report available on the market, Understand Statkraft AS position in the market, performance and strategic initiatives, Gain competitive edge and increase your chances of success. It is a subsidiary of the international energy group Uniper for operations in Sweden. Statkraft has expanded internationally over the beginning of the 21st century, opening plants in Nepal (1993), Peru (2003), Chile (2004), India (2004), UK (2006), Albania (2007), Germany (office 1999, power generating from 2007), Brazil (2008), Netherlands (office from 1998, power generation from 2018), and Ireland (2018). Executive Vice President New Energy Solutions. Originally, the company was producer of hydroelectricity. Commercial Metals Company and its subsidiaries manufacture, recycle and market steel and metal products, related materials and services through a network of facilities that includes seven. Statkraft is a leading company in hydropower internationally and Europes largest generator of renewable energy. Through the subsidiary Statkraft Varme, the Statkraft Group owns and operates a number of district heating plants in Norway and Sweden. A selection of companies mentioned in this report includes: HAVE A QUESTION? Production takes place in more than 300 hydropower plants in Norway, Sweden, Germany, UK, Turkey, as well as several countries in South America and Asia. Statkraft is a renewable energy producer. Private equity deal activity in the power industry in Europe decreased by 15% in Q1 2023, Plugging the CCUS gap: From early-stage incentives to delivery at scale, Texaco Q&A: Eddy Devriese talks oil analysis, cost savings and electrification, Eskom Completes Project Financing of $260 million for Wind and Solar Power Plants, South Africa. Global Federation, P.O. M[8uIkHeH3Rb4o_PA!SAJMZ*dQ,y+LY>\`M'yj#4?X3bM&`MP_J2tY!iA[-mgAN@[^EXb(pUUC(DE(2$U:sxHC9K@#r`a)DaAT[xaY`"_"L?4h -C Ic)>(SB\Ce]xxjkv(41L 52ub!{. Key employees - A list of the key executives of the company. (for more information visit the section The also plans, develops, constructs, and operates energy facilities and conducts physical and financial energy trading in European energy exchanges. endobj %PDF-1.5 Statkraft's strategy is to meet the growing demand for cheaper, cleaner energy by building scale and increasing efficiency in the market units it operates in - Europe, India and South America. <>>> Statkraft AS (Statkraft), a subsidiary of Statkraft SF, is a power utility which produces electricity and supplies district heating. <> In addition to power, we trade global gas, oil, oil products, metals and dry bulk in order to understand cross-commodity influences on the power market and to provide additional risk management strategies for Statkraft. The history of Sydkraft reaches back to 1906; however, the current company was created as a result of the split of Uniper from another international energy group E.ON. Visit the contact page for more information on how to get in touch with us. Statkraft is a leading company in hydropower internationally and Europes largest generator of renewable energy. We wont turn them on unless you say yes! This is a single user license, allowing one user access to the product. Detailed insights into open, awarded and pre-solicited tenders and contracts for Statkraft AS. this evaluation was made only on data available to the project staff. We buy renewable energy from generators, provide them with market access and supply major industrial companies and retailers with CO2 neutral, green energy. Statkraft is the largest owner and operator of onshore wind power assets in the Nordics and has a strong track record with developing, constructing and operating wind power plants. Statkraft Ireland managing director Kevin ODonovan said: We believe that Ireland will need contributions from all forms of renewable energy to meet 2030 binding targets of reaching 70% green energy. Statkraft is the largest owner and operator of onshore wind power assets in the Nordics and has a strong track record with developing, constructing and operating wind power plants. Statkraft own wind power plants in Germany and France.[5]. Statkraft is currently constructing the largest onshore wind power project in Europe, Fosen Vind in Norway. Visiting address:Lilleakerveien 6, NO-0283 Oslo, Norway, Renewable energy certificates & emission reductions, StatkraftHUB - The Zero Emission Conference. We process customer and vendor data, including: contact information of the relevant persons involved; information relating to accounts; spend thresholds, spending and spending patterns; Unlock Statkraft AS profile and new opportunities for your business. Renewable energy certificates & emission reductions, StatkraftHUB - The Zero Emission Conference. We are Europes largest producer of renewable energy, developing, building and operating hydro, wind, solar, gas and biomass assets. Statkraft is a global company in energy market operations. It consists of two hydropower plants, Banja and Moglic in the Devoll valley, with an installed capacity of roughly 256 MW. In the Low Emissions Scenario 2022, the company's experts are more optimistic on behalf What if someone told you that they have the solution to one of the worlds biggest challenges? The transaction is an acquisition of 100 per cent of the shares in Solarcentury Holdings and its subsidiaries. The nine projects have a combined capacity of 320MW. We will build profitable scale in the markets where were already present, finding the best opportunities in renewable energy within each country and across technologies. Methodology). 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