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Norwegian Crystals logo — Norwegian Crystals manufactures industry-leading, certified...

Norwegian Crystals

Norwegian Crystals manufactures industry-leading, certified Ultra Low Carbon Footprint monocrystalline ingots (ULCF-Si™)

Founded 2020 Norway Norway 14 employees Series Unknown Manufacturing, Renewable Energy

General Information

Company Name Norwegian Crystals
Founded Year 2020
Location Norway Norway
Employees 14
Industries Manufacturing, Renewable Energy
Funding Stage Series Unknown
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About Norwegian Crystals

Norwegian Crystals is a manufacturing startup based in Glomfjord, Norway, specializing in the production of certified Ultra Low Carbon Footprint monocrystalline ingots - trademarked as ULCF-Si™. The company benefits from access to clean hydropower, glacier cooling water, and a skilled workforce with expertise in the solar industry value chain. Operating in a country with one of the lowest power prices and electricity production with the lowest carbon intensity in Europe, Norwegian Crystals is well-positioned to manufacture high-quality and cost-efficient monocrystalline silicon crystal products, including ingots, bricks, and wafers. Central to the success of Norwegian Crystals is the quality of its monocrystalline silicon wafer, which directly impacts the efficiency of an entire PV system. Notably, the company has embraced a strong Environmental, Social, and Governance (ESG) framework, committing to sourcing feedstock from areas free of social transgressions and maintaining an ultra-low carbon footprint in its production processes. With a current annual production capacity of 0.5 GWp/y, the company's ambitious goal is to expand and establish a competitive production capacity of 10 GWp per year in Glomfjord. Notably, its latest Venture Round investment at 07 September 2022 was secured from EIT InnoEnergy, signaling confidence and support as Norwegian Crystals progresses on its exciting journey. As the company looks to further expand, it seeks to bring more partnership investors on board, inviting interested parties to stay tuned for future developments.

Taxonomy: Solar Industry, Monocrystalline Silicon, Low Carbon Footprint, Sustainable Manufacturing, Clean Energy, Hydropower, Norwegian Industry, Solar Panel Manufacturing, Sustainable Supply Chain, Energy Efficiency, ESG Framework, Renewable Energy Investment, Carbon-Neutral Production, Green Technology

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 1
Investor
07 Sep 2022

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FAQ About Norwegian Crystals

Norwegian Crystals manufactures industry-leading, certified Ultra Low Carbon Footprint monocrystalline ingots (ULCF-Si™)
Norwegian Crystals was founded in 2020.
Norwegian Crystals is headquartered in Norway.
Norwegian Crystals operates in the following industries: Manufacturing, Renewable Energy.
Norwegian Crystals has approximately 14 employees.
Norwegian Crystals has completed 1 funding round. The latest funding stage is Series Unknown.
Top alternatives and competitors to Norwegian Crystals include Borosil Renewables Ltd., EDF ENR PWT (Photowatt), Private Spring Water, LLC, Helios Energy Specialists, HoloSolis. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Norwegian Crystals and Borosil Renewables Ltd. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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