{"id":3065,"date":"2019-06-11T13:34:00","date_gmt":"2019-06-11T13:34:00","guid":{"rendered":"https:\/\/nysnoinvest.no\/investerer-i-norsun-bidrar-til-okt-produksjonskapsitet-for-hoy-effektive-solceller-i-ardal\/"},"modified":"2026-04-10T10:18:29","modified_gmt":"2026-04-10T10:18:29","slug":"investerer-i-norsun-bidrar-til-okt-produksjonskapsitet-for-hoy-effektive-solceller-i-ardal","status":"publish","type":"post","link":"https:\/\/nysnoinvest.no\/en\/investerer-i-norsun-bidrar-til-okt-produksjonskapsitet-for-hoy-effektive-solceller-i-ardal\/","title":{"rendered":"Investing in NorSun &#8211; contributing to increased production capacity for high-efficiency solar cells in \u00c5rdal"},"content":{"rendered":"\n\n<section class=\"global-px global-article-container post-header\">\n    <h4>June 11, 2019<\/h4>\n<\/section>\n\n\n<h1 class=\"wp-block-post-title\">Investing in NorSun &#8211; contributing to increased production capacity for high-efficiency solar cells in \u00c5rdal<\/h1>\n\n\n<p class=\"is-style-intro\">NorSun, the leading producer of monocrystalline wafers for ultra-high efficiency solar cells outside Asia, secures NOK 515 million to fund capacity expansion at the production facility in \u00c5rdal. This is the first industrial investment by Nysn\u00f8 Climate Investments.<\/p>\n\n\n\n<p>The round was led by Nysn\u00f8 Climate Investments and ABN AMRO\u2019s Energy Transition Fund, investing in total NOK 160 million with the remainder coming from existing shareholders. After the capital increase, Nysn\u00f8 and ABN AMRO will be among NorSun\u2019s largest shareholders next to NorSun\u2019s existing shareholders Scatec and Arendals Fossekompani, who are also contributing in the capital increase.<\/p>\n\n\n\n<p>The equity round is accompanied by an additional NOK 285 million in loans and grants from Enova and Innovation Norway, bringing the total capital to NOK 515 million. NorSun has produced n-type monocrystalline wafers for high-efficiency solar cells for more than a decade at the 450 MW capacity production facility in \u00c5rdal, Norway. Monocrystalline wafers are rapidly becoming the new standard in the solar industry. To maintain and grow its market share, NorSun will now more than double its production to 1.000 MW per year.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u2013 <em>The solar industry will continue to play a key role in the decarbonization of global energy supply. NorSun has a unique competitive position and a very low carbon footprint made possible by over a decade of technological improvements and a state-of-the-art production facility powered by low cost renewable hydropower. We are very excited by the future prospects of NorSun and to invest alongside strong existing and new investors, <\/em>said Eivind Egeland Olsen, Investment Director in Nysn\u00f8.<\/p>\n<\/blockquote>\n\n\n\n<p>Read more in the press release from NorSun:\u00a0<a href=\"https:\/\/www.nysnoinvest.no\/wp-content\/uploads\/2019\/06\/20190611-NorSun-secures-NOK-515-mill-to-finance-expansion.pdf\">20190611-NorSun-secures-NOK-515-mill-to-finance-expansion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NorSun, the leading producer of monocrystalline wafers for ultra-high efficiency solar cells outside Asia, secures NOK 515 million to fund capacity expansion at the production&#8230;<\/p>\n","protected":false},"author":3,"featured_media":3066,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"wds_primary_category":2,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3065","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/posts\/3065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/comments?post=3065"}],"version-history":[{"count":0,"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/posts\/3065\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/media\/3066"}],"wp:attachment":[{"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/media?parent=3065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/categories?post=3065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/tags?post=3065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}