Energeia AS

Corporate Details

ISIN(s):

NO0012697715

LEI:

894500PK593QVIFIQ784

Country:

Norway

Address:

Bryggetorget 7, 0250 OSLO

Website:

https://www.energeia.no/

Sector:

Electricity, gas, steam and air conditioning supply

Industry:

Electric power generation, transmission and distribution activities

Description

Energeia AS develops projects, builds and operates large-scale ground-mounted solar power plants primarily in Norway and in the Netherlands. The use of "Agrivoltaics" allows us to combine agricultural activities such as grazing and fodder production on the same land used by solar power plants. Solar energy became the world's cheapest technology for electricity generation in 2020 and the cost of large solar energy projects has reduced by 95% in the past decade, according to the International Renewable Energy Agency (IRENA). Norway is better suited for the production of solar energy than many people think. Norway has the same high annual solar irradiation as parts of the Netherlands, Germany and Belgium. In addition, by using double-sided solar panels, we achieve the bonus effect of light reflection from snow.