A story driven by strong belief
In mid-2000s, a group of Norwegian entrepreneurs wanted to devote their efforts in the fledgling renewable sector in emerging markets. NBT AS was thus incorporated in 2004 and soon turned its eyes to the then-starting Chinese market. It was the start of a journey with ups and downs, with political decisions interfering in their work and a lot of learning.
Life is about learning, and not giving up! Believing in what you want to achieve and not take no for an answer. It is about sustainability. To find a manner that meet your needs without compromising the ability of future generations to meet theirs in the area of nature, social and economical resources and development.
And – they did. They did find their path, these visionary and patient entrepreneurs. NBT, now Emergy, has become the biggest foreign investor in Ukraine. When their projects are finished build, they will be able to supply more than 1 000 000 households with renewable energy. Households that today are getting their energy mainly from coal. More than 1 500tonn CO2 is saved. Every year. This equalizes 520 000 car trips from the Northern part of Norway to South Africa. 20 times more than the CO2 savings from ALL the 385 000 el cars in Norway. And this is just the start
They have signed with Serbia and are entering into other south-east European countries. They have become part of a bigger team of 40 colleagues. “They” have become “we”.
We are at a crossroad for the company:
We have a new CEO
We have a new Board of Directors
We have new colleagues through our merger with Hustad & Granaas
We have a new name: Emergy and –
We are doing an IPO
All of these changes we do to be sustainable. To be able to prosper and develop. To build more renewable energy, saving the world for CO2 emission, to earn money that we can invest in new projects. We will deliver 2TWh in 2025 and have a ongoing pipeline of 750MW – that is a long way from the start of 2004.
We thank you!
- For giving us the opportunity to be a part of this sustainable engine going forward!
- For not giving up!
- For not believing in everyone who said “no, you cannot do this”.