Norsk Renewables

Stavanger, Norway Founded: 2017 • Age: 9 yrs
Solar energy projects are developed, financed, and operated in Norway.
Annual revenue - Latest available
Total funding $6.4M 2 rounds
Employees 15 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

About Norsk Renewables

Norsk Renewables is a company based in Stavanger (Norway) founded in 2017 by Lars Helge Helvig and Petter S Berge. Norsk Renewables has raised $6.35 million across 2 funding rounds from investors including AV Group. The company has 15 employees as of November 14, 2024. Norsk Renewables operates in a competitive market with competitors including Statkraft, Njordr, Fenix Repower, Over Easy Solar and Sunva, among others.

  • Headquarter Stavanger, Norway
  • Employees 15 as on 14 Nov, 2024
  • Founders Lars Helge Helvig, Petter S Berge
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Norsk Solar As
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $6.35 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.41 M (USD), Series A

    Feb 15, 2024

  • Investors
  • Employee Count
    15

    as on Nov 14, 2024

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Funding Insights of Norsk Renewables

Norsk Renewables has successfully raised a total of $6.35M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.41 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Norsk Renewables

Norsk Renewables has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include AV Group.

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Institutional
Investor Description Founded Year Domain Location
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Investments & Acquisitions by Norsk Renewables

Investments
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Financial Statements - Norsk Renewables

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Norsk Renewables Comparisons

Norsk Renewables Primary company
Description
Solar energy projects are developed, financed, and operated ...
Location
Stavanger, Norway
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
15
As of 2024
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Peer comparison for Norsk Renewables

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Competitors of Norsk Renewables

Norsk Renewables operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Statkraft, Njordr, Fenix Repower, Over Easy Solar and Sunva, among others.

Company Name Domain Founded year HQ Location Description
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Renewable energy production services are provided by Statkraft.
Locked Locked Locked
Creates innovative technologies for renewable wind and solar energy projects.
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Onshore wind and solar projects are developed and built.
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Provides prefabricated solar units for green and flat roof installations.
Locked Locked Locked
Offers solar energy systems, installations, and battery storage for Norwegian properties.
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Detailed competitors of Norsk Renewables

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Latest news on Norsk Renewables

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Frequently Asked Questions about Norsk Renewables

Norsk Renewables was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Norsk Renewables is headquartered in Stavanger, Norway. It is registered at Stavanger, Rogaland, Norway.

Torbjorn Elliot Kirkeby-Garstad is the current CEO of Norsk Renewables.

Norsk Renewables is a funded company, having raised a total of $6.35M across 2 funding rounds to date.

As of Nov 14, 2024, the latest employee count at Norsk Renewables is 15.

Norsk Renewables was established in 2017 in Stavanger, Norway, as a provider in the renewable energy sector. Operations are conducted as an independent power producer with vertical integration, encompassing the development, financing, construction, ownership, and management of solar projects. Focus is placed on solar energy initiatives across Norway, supporting the transition to renewables through independent operations.

Norsk Renewables's top competitors include Statkraft, Fenix Repower and Njordr.

Norsk Renewables has 1 investor. Key investors include AV Group.

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