NorSun

NorSun is a Norwegian solar energy company that manufactures and markets high performance monocrystalline silicon ingots and wafers.

Business Model: Non-Profit

Revenue: $0

Employees: 501-1,000

Detailed NorSun Information

Geographic Data

NorSun headquarters map

Address:

City: Oslo

State: Oslo

Zip:

Country: Norway

Financial Info

Stage:

debt financing

Raised Last:

$94M

Raised Total:

$304M

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Description

NorSun is a Norwegian solar energy company that manufactures and markets high performance monocrystalline silicon ingots and wafers. Annual production capacity at the company&s;s modern production facilities in Ã…rdal, Norway and Vantaa, Finland is expected to exceed 200 MWp by the end of 2009. NorSun&s;s customers are industry leading manufacturers of high efficiency solar cells that value quality, innovation and manufacturing excellence. The company is committed to grow economies of scale and deliver technological advances that contribute to an efficient and affordable conversion of sunlight into electricity.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
11/2006 Private Equity Round 3 $105.8M Norsk Hydro ASA
Good Energies
ITOCHU Corporation
Good Energies
ITOCHU Corporation
Norsk Hydro ASA
3/2009 Debt Financing 2 $94M DNB
Nordea
DNB
Nordea
3/2009 Private Equity Round 3 $72.3M Norsk Hydro ASA
Good Energies
Scatec AS
Good Energies
Norsk Hydro ASA
Scatec AS
12/2006 Venture Round 1 $8.4M ITOCHU Corporation
ITOCHU Corporation
11/2006 Venture Round 1 $23M Norsk Hydro ASA
Norsk Hydro ASA
Announced Date Name Price

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