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The Company

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 modern production facilities in Årdal, Norway and Vantaa, Finland exceeds 200 MWp.

 

NorSun’s customers are industry shaping manufacturers of high efficiency solar cells that value product quality and performance, technological innovation and lasting reliability. 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.

 

FACTS & FIGURES

 

Head office                 Oslo, Norway

 

Production facilities      Årdal, Norway and Vantaa, Finland

 

Workforce                  200 at Årdal

                                23 in Oslo

                                6 in Singapore

 

Product areas              Customized monocrystalline wafers for high efficiency solar cells

 

STRATEGY

 

NorSun’s strategic objective is to be the preeminent provider of monocrystalline wafers for the global solar energy industry.

 

We want our company and products to symbolize world class leadership in product performance, quality, technological innovation and lasting reliability within the industry domain in which we operate.

 

Our core industry domain is the worldwide high efficiency solar energy segment; in particular the polysilicon sourcing to wafer slicing portion of the photovoltaic value chain:

 

  

 HISTORY

 

 

MAJOR SHAREHOLDERS

 

Good Energies (30.9 %)

Good Energies is a leading global investor in renewable energy and energy efficiency industries. The firm invests in solar, turbine-based renewables, green building technologies and other emerging areas within clean energy. Founded in 2001, Good Energies manages the renewable energy portfolio of COFRA, a family owned and managed group of companies.

 

Scatec (20.5 %)

Scatec AS serves as the nucleus for the development of new business ideas within the areas of renewable energy and environmentally friendly ‘advanced materials’. NorSun works within a wide international network. The firm evaluates trends within growing markets and assess new technologies within areas of competence where Norway is considered traditionally strong. Based on these evaluated concepts, Scatec invests in and develops new businesses. 

 

Hydro (18.4 %)

Hydro is an integrated aluminium and energy company, and a global supplier of aluminium products. Based in Norway the company employs more than 20 000 people in 40 countries and has activities on all continents. Hydro has more than 100 years of industrial experience, is currently the world’s fourth biggest producer of aluminium and is one of Norway’s top three producers of renewable energy.

ITOCHU ( 4.6 %)

With 150 overseas bases in 75 countries, ITOCHU, one of the leading sogo shosha, is engaging in domestic trading, import/export, and overseas trading of various products such as textile, machinery, information and communications technology, aerospace, electronics, energy, metals, minerals, chemicals, forest products, general merchandise, food, finance, realty, insurance, and logistics services, as well as business investment in Japan and overseas.

 

BOARD OF DIRECTORS

 

Inge K. Hansen , Chairman of the Board    

Marcel Brenninkmeijer , Board member

- Chairman, Good Energies

 

Just Spee, Board member  

- Managing Director, Alvarez & Marsal

 

Dr. Alf Bjørseth , Board member

- Founder and owner of Scatec

- Founder and CTO, NorSun

 

Einar Glomnes , Board member

- Head of Hydro Solar, Norsk Hydro

 

Michio Tanaka , Board member

- Solar Energy Department, Itochu

 

Dr. Bjørge Gretland, Board member

- CEO, Convexa Capital

 

Hilde Larsen, Board member

- Employee representative

 

Steinar Fodnes, Board member

- Employee representative

 

MANAGEMENT TEAM

 

Jon Hindar, Chief Executive Officer

- SVP Life Sciences Division, Invitrogen, CA, USA

- CEO of Dynal Biotech and Fondsfinans

- Management positions at Dyno Nobel, Alcatel and BP Chemicals

Dr. Alf Bjørseth, Chief Technology Officer

- Founder and CEO of REC

- Director of Technology, Elkem

- Corporate Director of Research, Norsk Hydro

 

Hanne Dybwad , Chief Financial Officer

- Finance Director, Invitrogen Dynal

- Controller Group Accounts, Norway Seafoods

- Assistant Controller, Aker

- Senior Auditor, KPMG

 

Lars-Halvor Langmoen, Vice President Business Development 

- Business Developer, NorSun

- Head of Business Models, DnB Nor Innovation

- Analyst / Consultant, DnB Nor Consulting

 

Tom Andersen, Vice President Operations

- Head of European Nuclear Manufacturing and PET Supply Chain, GE Health Care

- Plant Director, Amersham Health Care, China/Nycomed

 

Dr. Øyvind Nielsen, Vice President Research & Development

- Research Manager, SINTEF

- Deputy Research Director for Metallurgy, SINTEF   

 

Dr. Jo Døhl, Vise President Human Resources & Organization

- Director of HR, Nycomed/Amersham/GE

- R & D, SINTEF

 

Hamed Brodersen, Vice President Communications

- VP, Communications, Yara International

- VP, Investor relations and Communications, Elkem

- Banking, Den Danske Bank 

 

Bjørn-Olav Brelin, General Counsel

- General Counsel, Scatec

- Partner, Frick Langseth

 

Kenn Ross, Vice President Sales and Marketing 

- Director, Business Development, 6N Silicon 

- Director, United Technologies