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Norsun
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Producer of monocrystalline silicon wafers for solar cells

Founded in 2005
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Company type Private Public ()
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Industry Group materials & chemicals

Sector advanced energy materials

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Norway Oslo, Norway
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Updated by Cleantech Group on 12/07/2023

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Date Partner Type
09/08/2023
Silfab Silfab
NorSun will supply Silfab Solar with a supply of solar silicon wafers from NorSun's planned factory in the US.
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Confirmed by Silfab
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IPO INFORMATION

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Date Investors Type Amount
08/17/2023 Statkraft Ventures Statkraft Ventures , Ardal Energi Ardal Energi , Scatec Scatec , ABN AMRO Bank ABN AMRO Bank , Nysnø Climate Investments Nysnø Climate Investments (5)
Post-money valuation of
NorSun plans to build a 5 GW factory in the United States, and aims to add 3 GW of capacity to its existing 1 GW manufacturing plant in Årdal, Norway. This equity financing will also be used to support its expansion in Europe and the United States.
Growth Equity $8,500,000
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