Solarcentury — Cyborg Score 6/10

Solid
Solar Energy

Strategic Profile

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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