SN Power is a Norway-based renewable energy company focused on developing, owning, and operating hydropower assets in emerging markets. Established in 2002 as Statkraft Norfund Power Invest (SN Power), it has pursued run-of-river and reservoir projects across Asia, Africa, and Latin America, typically through joint ventures and long-term offtake arrangements.
The platform covers the full project lifecycle—from site development and permitting to construction, asset management, and power sales—along with associated grid connections. Over time, SN Power’s portfolio and ownership structure have evolved through acquisitions and divestments; in 2021 its assets and operations were integrated into Scatec ASA’s hydropower business. The company is associated with Norway’s state-backed development and energy institutions and contributes to renewable electricity supply and grid stability in the markets where it operates.
The 150 MW Tidong project in Himachal Pradesh is set to complete by 2026. The deal awaits regulatory approvals. Statkraft shifts focus to Europe and South America.
The deal includes a 445 MWp solar plant and 1000 MWp pipeline in Rajasthan. Statkraft shifts focus to Europe and South America. Serentica aims to boost India's renewable energy capacity.
Statkraft divests its stake in Malana Power, focusing on core markets. LNJ Bhilwara Group to expand in renewable energy.
