UK solar developer Solarcentury has officially become part of Norwegian energy giant Statkraft, five months after the acquisition was first announced. The merger will establish Statkraft as one of the most prolific solar developers in Europe, giving the firm access to a 6GW pipeline of solar assets across the continent, as well as an expanding portfolio in South America. Statkraft, which is owned by the Norwegian state and claims to be Europe’s largest producer of renewable energy, said the acquisition would help it meet its goal of developing at least 8GW of wind and solar capacity by 2025. The two companies had made “significant progress” towards the target since last autumn’s acquisition announement, it said, noting that Solarcentury has finished construction of 550MW of solar capacity and achieved “key milestone permits” for a further 1.22GW over the last six months.
Business Green 3rd May 2021 read more »