Norsk Solar secures green bond to finance 18 MW solar project in Brazil

Norsk Solar has been granted a green bond, or “Certificado de Recebíveis Imobiliários” (CRI), from Brazilian asset manager Valora Investimentos for over 50,000,000 BRL (ca. 10,000,000 USD) in financing in the form of non-recourse project debt for Norsk Solar’s 18 MW solar plant in Brazil. Construction on six sites…

Norsk Solar to deliver rooftop solar project to Lineage Logistics storage facility in Vietnam

Norsk Solar has entered into a long-term power purchase agreement with Lineage Logistics, one of the world’s leading and most innovative temperature-controlled industrial REIT and logistics solutions providers. The project includes investment in, and construction of, three rooftop solar PV plants for Lineage Logistics’ refrigerated storage facilities…

Investment decision approved for Norsk Solar 18 MW solar PV project in Brazil

The Nordic Impact Cooperation AS (“NIC”), an investment company jointly owned by Norsk Solar, Norfund and Finnfund, has made a positive investment decision for the construction of six solar PV plants with a capacity of 18 MW in Brazil. The plants are part of the previously…

Norfund joins Norsk Solar and Finnfund as partner in Nordic Impact Cooperation AS, an investment platform for C&I solar projects in high-growth markets 

Norfund, the Norwegian Investment Fund for Developing Countries, has joined Norsk Solar and Finnfund as an equity partner in Nordic Impact Cooperation AS (“NIC”). NIC is an investment platform that provides equity financing in Norsk Solar projects for corporate and industrial energy buyers in select high-growth markets.  The…

Norsk Solar secures project financing from responsAbility for 11 megawatt solar rooftop project in Vietnam 

Norsk Solar Vietnam Ltd has secured non-recourse project financing of up to USD 12 million from responsAbility Investments. Norsk Solar Vietnam Ltd is owned by Nordic Impact Cooperation AS, an investment platform owned by Norsk Solar AS and Finnfund, as well as Norfund. Approximately USD 6 million is…

Norsk Solar and Órigo Energia sign power purchase agreement and begin second phase of 37 MW solar project in Brazil

Norsk Solar has signed a Power Purchase Agreement with Órigo Energia to build 6 solar PV power plants producing 18 MW of clean electricity. The PPA represents the second phase in fulfilment of a 37 MW development agreement previously signed by Norsk Solar and Órigo Energia. The PPA for…

Norfund to partner with Norsk Solar to meet growing corporate demand for renewable power in Vietnam. 

– Stavanger and Oslo. Norfund, the Norwegian Investment Fund for Developing Countries (“Norfund”) is joining Norsk Solar AS (“Norsk Solar”, OSEBX ticker: NSOL) and Nordic Impact Cooperation AS (“NIC”) as investors in the 11 MW solar plant portfolio recently constructed by Norsk Solar in Vietnam. NIC is a joint venture…

Norsk Solar starts commercial operation of first solar power plants in Vietnam

Norsk Solar has delivered a complete turnkey solution consisting of 11 MW rooftop solar PV power plants at Central Retail locations across Vietnam.