SSE Renewables

Name

SSE Renewables

Legal name

SSE plc

Website

https://sserenewables.com

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Renewable Energy Generation

NAICS

Wind Electric Power Generation (221115), Hydroelectric Power Generation (221111), Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations) (EUACAFAF)

akta.pro secondary industries

Incentives, Grants & Program Administration (Auctions, Tenders, IRA/ITC/PTC Advisory) (EUAMAAAJ), Renewable Energy Infrastructure (FSAAAKAG), Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ)

Keywords

• Offshore wind energy
• Onshore wind development
• Hydro power generation
• Battery energy storage
• Renewable energy generation

Headquarters

HQ city

Glasgow

HQ country

United Kingdom

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D

Revenue model

1. Renewable Energy Generation & Sales: SSE generates revenue from electricity production across its operational portfolio of offshore wind farms, onshore wind farms, solar farms, and hydro power stations. Energy is sold into wholesale markets, through corporate power purchase agreements (CPPAs), and via regulated tariff arrangements.
2. Contract for Difference (CfD) Capacity Payments: Offshore wind projects like Berwick Bank receive 20-year CfD contracts providing guaranteed strike prices (£89.49/MWh for Scottish projects) ensuring stable revenue streams independent of wholesale market volatility.
3. Corporate Power Purchase Agreements: Direct agreements with large energy consumers like Musgrave Group for supply of wind-powered electricity from specific wind farms, providing price certainty and decarbonisation benefits to corporate customers.
4. Capacity Market Revenue: Battery energy storage systems like Derrymeen BESS secure 10-year Capacity Remuneration Market contracts providing payments for grid balancing and security of supply services.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

SSE Renewables develops, constructs, and operates large-scale renewable energy assets across the UK, Ireland, and mainland Europe, including offshore wind farms, onshore wind farms, hydroelectric power stations, grid-scale battery energy storage systems, and solar projects. It sells the electricity generated through wholesale markets, corporate power purchase agreements (CPPAs), and government-backed Contracts for Difference (CfD) auctions, while also providing grid balancing and capacity market services.

Product overview

SSE Renewables is a leading renewable energy company developing, constructing and operating renewable energy assets across four core product areas: Offshore Wind, Onshore Wind, Solar and Battery, and Hydro. The company operates major offshore wind projects including Dogger Bank (3.6GW, world's largest under construction), Berwick Bank (4.1GW potential), Beatrice, Seagreen, and Greater Gabbard. Its onshore wind portfolio spans the UK, Ireland, and Southern Europe with operational farms including Jubera in Spain (64MW) and Chaintrix in France (28MW), plus projects in construction in Italy. The company is developing significant battery storage projects including Derrymeen (100MW/200MWh) and Thornsberry (120MW/240MWh), and pumped storage hydro including the proposed Sloy conversion. International operations extend to Netherlands, Japan, Greece and Poland through joint ventures and partnerships.

Differentiator

Problem solved

Functional benefit

Products and services

• Offshore Wind
• Onshore Wind
• Solar and Battery
• Hydro

Quantifiable outcome

• Dogger Bank will power 6 million UK homes when complete
• +5 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Ten partnerships are on record, tiered core and minor.

• EquinorcoreStrategic or Co-development PartnerJoint venture partner in Dogger Bank Wind Farm (3.6GW) alongside SSE Renewables and Vårgrønn. Equinor will operate Dogger Bank throughout its 35-year operational life. Also partnered on carbon capture projects (Keadby 3, Peterhead) and hydrogen storage (Aldbrough).
• VårgrønncoreStrategic or Co-development PartnerJoint venture partner in Dogger Bank Wind Farm (3.6GW) alongside SSE Renewables and Equinor. Brings offshore wind expertise to the project.
• BnM (Bord na Móna)coreStrategic or Co-development Partner50:50 joint venture Littleton Wind Farm DAC for 68MW Littleton Wind Farm in County Tipperary, Ireland. Pursuing goal of delivering up to 800MW of onshore wind capacity in Ireland. Also partnered on earlier 90MW wind farm proposal in County Offaly.
• FuturEnergy Ireland (ESB and Coillte joint venture)coreStrategic or Co-development Partner50:50 joint development partnership for Glenora wind project (158MW) in Ireland and six-project co-development portfolio across Donegal, Cork, Kerry, and Mayo. FuturEnergy is a 50/50 JV between Irish utility ESB and forestry company Coillte.
• Sewell FMminorImplementation/ SI/ Consulting PartnerHull-based facilities management provider awarded contract to provide FM services at Dogger Bank Wind Farm, supporting onshore converter stations in East Yorkshire and Redcar. Scope includes HVAC, grounds maintenance, water hygiene, cleaning, and waste management.
• GreensolverminorImplementation/ SI/ Consulting PartnerLeading European asset management company appointed to provide day-to-day operation and maintenance services for Chaintrix-Bierges and Vélye Wind Farm in France. Manages 24/7 operation and monitoring, maintenance management, HSE compliance. Provides asset management services to over 5GW across Europe.
• Acciona EnergiaminorStrategic or Co-development PartnerSSE entered into agreement with Acciona Energia to pursue new offshore wind energy opportunities in Spain.
• Pacifico EnergycoreStrategic or Co-development PartnerOctober 2021 partnership formed SSE Pacifico (50:50 JV) to explore offshore wind sites in Japan. SSE Pacifico exploring 6GW portfolio of early-stage development opportunities in Wakayama and Shizuoka Prefectures, plus floating offshore wind studies.
• Musgrave GroupcoreGTM or Marketing PartnerLandmark corporate power purchase agreement signed April 2025 for 100% wind-powered energy supply from Richfield Wind Farm (Co. Wexford) and Bessy Bell 2 Wind Farm (Co. Tyrone) to power offices, 11 distribution centres, and 105 SuperValu and Centra retail stores. First all-island retail CPPA.
• Offshore Wind Industry Council (OWIC)minorStrategic or Co-development PartnerOCcAM seabird mortality tool originally developed and funded by SSE Renewables was transferred to OWIC as free-to-use industry resource. OWIC supported further development to expand scope to nine key seabird species.

Scale indicators10 records

Recent moves12 records

Expansion highlights6 records

Broad incumbents

• TotalEnergies: Global integrated energy major and SSE Renewables' JV partner in Seagreen. A broader incumbent with offshore wind, onshore wind, solar, and battery interests across the UK and globally, competing for the same corporate PPA and grid-scale renewable tenders.

Direct peers

• Vattenfall: Swedish state-owned utility with a sizable UK and European offshore wind portfolio (e.g., Norfolk projects, Kriegers Flak). Competes in the same UK CfD auctions and European offshore wind tenders and shares the same corporate PPA and wholesale revenue model.
• RWE: German integrated utility with a rapidly growing offshore wind presence in the UK (Sofia, Dogger Bank South) and globally. Competes directly with SSE Renewables in UK offshore wind tenders and has comparable CfD / PPA / corporate renewable customer dynamics.
• EDF Renewables: French utility's renewable arm with significant UK and French offshore wind development (e.g., Neart na Gaoithe, Fécamp). Direct competitor in UK CfD auctions and cross-border European offshore wind, with matching project structure (JV-led, CfD/PPA revenue).
• Statkraft: Norwegian state-owned renewable energy developer and Europe's largest generator of renewable energy. Competes with SSE Renewables across European onshore wind, hydro, and grid services, with overlapping geographies in UK, Ireland, and continental Europe.
• Ørsted: World's largest offshore wind developer and operator with deep UK and European footprint. Directly competes with SSE Renewables in UK CfD auctions and broader offshore/onshore wind development, and serves the same corporate PPA and grid-balancing customer base.
• Iberdrola (ScottishPower Renewables): Spanish-headquartered global renewable developer with a major UK subsidiary (ScottishPower Renewables). Directly competes with SSE Renewables across UK offshore wind, onshore wind, and grid-scale battery storage, serving the same corporate and utility customers.
• Equinor: Norwegian integrated energy major that is SSE Renewables' JV partner in Dogger Bank and a leading global offshore wind developer. Competes head-to-head in UK and international offshore wind tenders and shares similar capital intensity, technical profile, and utility off-taker customers.
• EnBW: German utility with growing offshore wind interests in the UK (e.g., He Dreiht, Moray West stake). Competes in UK/North Sea offshore wind tenders and operates onshore wind across Europe, comparable in scale and customer mix to SSE Renewables.

Regional players

• ESB: Irish state-owned utility and SSE Renewables' JV partner via FuturEnergy Ireland. Direct competitor and collaborator in the Irish onshore wind and battery storage markets, addressing the same regulatory framework and corporate off-takers in Ireland.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/sserenewables
• LinkedInlinkedin.com/company/sse-renewables/?viewAsMember=true
• Instagraminstagram.com/sserenewables

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SSE Renewables