
Inseanergy
Developing and delivering zero-emission systems which make fish farms self-sufficient in energy.
NOK | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | (56 %) | 183 % | 67 % | (99 %) |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | (270 %) | (1438 %) | (769 %) | (843 %) | (121953 %) |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Inseanergy, established in May 2020 by founder Jan Erik Våge Klepp, is a Norwegian cleantech company specializing in decentralized renewable energy systems. The firm is headquartered in Aalesund, a strategic location that provides close proximity to its initial target market, the aquaculture industry. Inseanergy has developed a turnkey solution for floating solar power plants, designed to be installed on recycled fish cages. This approach aims to help electrify fish farms, significantly reducing their reliance on diesel generators and thereby lowering both operational costs and carbon emissions.
The company's business model revolves around providing fully integrated, scalable energy systems. Inseanergy manages the entire process for its clients, from installation and maintenance to energy monitoring and ESG reporting. Its primary product, the SUB Solar system, is a hybrid solution that can be combined with battery packs and downsized generators, potentially cutting diesel generator runtime by up to 90% on a typical fish farm. A key feature of the system is that the solar panels are submerged during regular operations, which cools them and increases stability while preventing soiling. The company has already delivered commercial units to clients like Gadus Group, Hofseth, Ode, and Bjørøya.
Financially, Inseanergy has shown considerable growth and investor interest. In April 2023, the company launched a public fundraising campaign targeting approximately €855,000 to fuel its national and international expansion. This was followed by a significant milestone in February 2024, when Inseanergy secured USD 3 million in a seed funding round from impact investor Norselab and industrial investor Umoe. This capital injection is intended to support the company's ambition to scale internationally and penetrate new markets beyond aquaculture, particularly targeting island states and other remote regions that lack renewable energy infrastructure and rely heavily on fossil fuels. The company has also forged strategic partnerships with major industry players like AKVA Group and solar technology provider Ocean Sun to enhance its offerings and market reach.
Keywords: floating solar, aquaculture energy, renewable energy systems, decentralized energy, cleantech, marine solar, fish farm electrification, hybrid energy solutions, sustainable aquaculture, ESG reporting, off-grid energy, Ocean Sun partner, Norselab investment, Umoe investment, Jan Erik Våge Klepp, Kari-Elin Korsnes Hildre, SUB Solar, recycled fish cages, diesel generator replacement, Aalesund Norway