Solarcentury was acquired by Statkraft in November 2020, making it part of Norway's state-owned energy company. The business operates globally with over 200 staff across European offices in the UK, the Netherlands, Spain, France, and Germany; Latin American offices in Panama, Mexico and Chile; and an African office in Kenya.
Cyborg Score Rationale
Solarcentury maintains strong market presence in utility-scale solar development with proven execution across multiple geographies. However, as a private subsidiary of Statkraft post-2020 acquisition, transparency is limited. 2026 annual revenue of $131.4 million demonstrates solid commercial scale.
Top Insights
Solarcentury operates as an EPC (engineering, procurement, and construction) player in solar energy, building solar systems for investors, businesses and homeowners in various sizes from utility scale to household scale.
Company was acquired by Statkraft on November 2, 2020, transitioning to state-owned Norwegian energy company ownership.
Operates with over 200 staff across Europe, Latin America, and Africa offices.
Contributes 5% of annual net profits to SolarAid, a charity founded to eradicate kerosene lamps from Africa.
Named Competitors
Lightsource BP — Renewable energy developer and operator
Renewable Energy Systems — Wind and solar development, EPC contractor
Recent Developments
(May 2021) Officially integrated with Statkraft and retired Solarcentury brand as part of merger finalization
(July 2022) Announced 100 MW solar park development in Mozambique
(March 2026) Company profile updated on Tracxn reflecting continued operations
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