Solar power

Solar power is a clean, abundant and inexhaustible source of energy. The world is embracing solar power on a scale we have never seen before. Statkraft has developed solar power for the past ten years, and our ambitions are high.

As the world’s energy demands continue to increase, solar power will play an ever more important role in the global energy system. A sharp drop in the cost of solar technology coupled with an increasing demand for renewable energy means that solar power is now the fastest-growing energy source in the world. Solar capacity has grown 27 times over the last decade and solar energy is expected to outshine other renewables as the world’s largest source of electricity from 2035, according to Statkraft’s Green Transitions Scenario.

Green Transition Scenario

According to our Green Transition Scenario, the levelised cost of energy (LCOE) for solar PV in Europe is expected to decline nearly 40%, helping solar power capacity to grow 11 times to 2050.

Location: Emmen, the Netherlands

Photo: Ole Martin Wold

Lange Runde solar energy park will help the Netherlands meet its climate targets. Bart Robrecths and Andrea Boccabella from Statkraft's solar team kept the construction process on track.

Renewables: Bright future for solar energy

The sun is the fastest-growing energy source in the world. If the trend continues, up to 30 per cent of the world's electricity needs can be met by solar energy by 2040. This has renewed Statkraft's interest in investing in solar power.

Minister Dara Calleary and Kevin O'Donovan holding up solar panels

Minister Dara Calleary joins Statkraft & Microsoft to turn sod on energy provider’s latest solar project

Minister of State for Trade Promotion, Digital and Company Regulation, Dara Calleary TD, joined Statkraft and Microsoft on Thursday (18 May) to turn the sod on Harlockstown Solar – Statkraft’s latest solar project in Ireland.

Photo: Ole Martin Wold

Rundedal solar park in the Netherlands

Our solar power ambitions

To meet the increased need for renewable energy solutions in Ireland, we are ramping up as a major solar and wind developer. We have built 1 GW of wind and solar, and have yet another gigawatt under construction. Our ambition is to develop at over 1 GW of solar power by 2025.

Solar power is a highly scalable energy source, as solar systems exist in many different sizes, from small plants on rooftops to utility-scale solar parks. Our strategic focus is on the latter type of development.

Case Study: Clonfad Solar Farm

Clonfad Solar Farm in Co. Westmeath was completed in 2025.

Over the course of 400,000 accident-free work hours, our teams installed close to 300,000 solar panels, bringing this 174 MWp project to life which will generate enough clean electricity to offset 40,000 tonnes of CO₂ annually.

Solar farm projects in Ireland

In Ireland, Statkraft has completed and is currently constructing a number of solar projects:

Clonfad solar farm

Construction of Clonfad solar farm, located in Westmeath, was completed in 2025. The project will consist of over 300,000 solar panels and will have an approx output of 175 MW.

Monaraha solar farm

Construction of Monaraha solar farm, located in Co Tipperary, was completed in 2024. The project will consist of over 45,000 solar panels and will have an approx output of 21 MW.

Irishtown solar farm

Construction of Irishtown solar farm, located in Co Meath, started in 2024. The project will have an approx output of 50 MWp