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SektorEnergi & Miljö
Norsk Solar är verksamma inom energisektorn. Bolaget är en helhetsleverantör av solenergiprojekt som både utvecklar, säljer och installerar solenergilösningar. Utöver huvudverksamheten erbjuds eftermarknadsservice, support och underhåll. Kunderna består huvudsakligen av företag som är verksamma på tillväxtmarknader. Bolaget har sitt huvudkontor i Stavanger.
2021-06-04 11:27:45
The Commercial and Industrial (C&I) segment within the solar industry has grown
significantly in the past months with more multinational companies adding
rooftop and ground-mount utility solar to their energy mix as a way of meeting
their sustainability targets and reducing operating costs. This has positioned
Norsk Solar in many key markets with rapid growth and as part of Norsk Solar's
strategy to increase its business in Latin America, Norsk Solar has established
a fully-owned subsidiary in Brazil. The Brazilian market is fast-growing for
distributed generation solar with a large volume and opportunities. Norsk Solar
is the only global player in the country with a specialized equity platform with
a Nordic state-owned impact investor and a business model tailored-made for C&I
off-takers. This supports Norsk Solar positioning to becoming a significant
player in the market.

"Norsk Solar has worked diligently to identify solid markets with sufficient
potential to ensure a viable long-term business case. The Brazilian market is
significant and well suited for us to expand our activities. It's a winning
formula when we can provide businesses with clean green energy where they reach
their sustainability targets, while saving money from the lower energy costs
compared with buying from the grid. This is possible because of our unique
Nordic financing vehicle combined with specialized local presence", says Øyvind
Vesterdal, CEO of Norsk Solar.

As part of Norsk Solar's ambitious expansion, Mr. Mauro Benedetti has been
appointed as the Country Manager for Norsk Solar to oversee and lead the
company's operations in Brazil.

"I am glad and excited to join such an impressive and fast-growing international
IPP. Norsk Solar has within a short timeframe become a solid brand and a trusted
partner for C&I clients globally. After working in Brazil for many years, I can
see the enormous market potential. This is especially true with the competitive
edge Norsk Solar has with its unique financing vehicle with FinnFund and its
access to the Nordic eco-system", says Mauro.

Mauro Benedetti has a long-standing track record for more than a decade within
business development, legal, and project financing in the renewable energy
space. He has been also a successful entrepreneur and is familiar with building
companies from early beginnings to larger entities. He holds a master's degree
from the Luiss Guido Carli University, and covered senior positions at European
Energy, Roncucci & Partners and KPMG, before joining Norsk Solar. Under Mauro's
leadership, Norsk Solar is planning to grow the subsidiary in Brazil with
several full-time employees over the next months.

Norsk Solar is currently developing a substantial pipeline of projects and C&I
clients in Brazil, which is constantly growing. The focus is on clients which
are financially and operationally solid, bankable companies with a strong
sustainability focus. The Brazil expansion is part of an ambitious global plan
by Norsk Solar to enter new targeted emerging markets over the coming months.

Norsk Solar is a fast-growing independent solar power producer, with 70 MW of
assets built and in operation or under construction in emerging markets. The
company has a project pipeline of 2 GW, where its focus is on C&I assets. Norsk
Solar has offices in Norway, Ukraine, Nicaragua, South Africa, Vietnam, and
Brazil, and currently counts more than 20 employees.