Stats exciting!

Michael Olney

One of Europe’s largest producers of renewable energy has opened its new office in Cork city to help accommodate future growth.

Statkraft Ireland was joined by Minister for Enterprise, Trade and Employment Simon Coveney TD last Friday for the official opening of its new office in Cork Airport Business Park. The Norwegian state-owned company, which this month celebrated five years in Ireland, has witnessed significant expansion of its workforce and project portfolio.

The number of employees working for the company has more than tripled to 126 since 2018, when Statkraft acquired the Irish and UK wind development businesses of the Element Power Group. Since then, the company has invested around €450m into the Irish business and is now one of the biggest renewable energy developers in Ireland with more than a 4GW pipeline of onshore, offshore, solar, battery and grid services projects.

Statkraft Ireland recently relocated from its original office in Cork Airport Business Park to a significantly larger premises nearby to accommodate its rapidly growing workforce. Mr Coveney said: “Statkraft has access to top talent in Cork and is proving to be a vital cog in Ireland’s green transition.” Kevin O’Donovan, Managing Director of Statkraft Ireland, said: “The success of Statkraft Ireland to date is a testament to the hard work and dedication of a talented group of people committed to the rollout of renewables to mitigate climate change and strengthen Ireland’s energy security. Statkraft is committed to supporting Ireland meet its renewable energy targets.”