Solenergi Fusen As

What Solenergi Fusen As does

Solenergi FUSen AS is a Norwegian solar energy contractor founded in 2012 and headquartered at Østensjøveien 15D, Oslo. The company specializes in the design, supply, installation, and ongoing servicing of photovoltaic systems for commercial buildings, delivering turnkey projects to building owners, property developers, and facility managers across Norway. The product portfolio covers rooftop installations on flat, pitched, and green roofs; building-integrated photovoltaic facades in varied colors and forms; ground-mounted arrays; the WeightWatcher snow-melting system co-developed with Innos AS; and battery storage with smart control approved for frequency-market participation. Core panel technologies include monocrystalline, polycrystalline, and thin-film silicon modules with full supply-chain traceability and Environmental Product Declaration (EPD) certification.

The business operates a direct enterprise sales motion with no resellers in most of Norway, supplemented by an exclusive channel partnership with EnergiPartner AS covering Trøndelag and Northern Norway. Revenue is generated primarily through one-time turnkey EPC contracts (3.3-4.5M NOK for a typical 5,000 m2 flat-roof system, excluding VAT and grid connection), with recurring professional-services revenue from monitoring, maintenance, drone thermography, and NEK 446 inspections. Consulting, energy mapping, and Enova subsidy-application assistance (up to 30% of costs, capped at 10M NOK) provide additional advisory streams. Customer segments are weighted toward commercial buildings (warehouses, retail centers, sports arenas, automotive retail), with public-sector and real-estate developer accounts rounding out the mix.

By 2025 FUSen reports over 88 MWp of cumulative installed capacity, 222,000 panels, and 15 million kg of annual CO2 reduction, claiming to have delivered roughly 1/10 of all solar energy built in Norway since 2012. Named enterprise customers include ASKO/NorgesGruppen (long-term partner since 2014, including ASKO Oslofjord with 6,616 panels producing ~1.6 million kWh/year), Oda, KLP Eiendom, Joh. Johansson Eiendom (Alna Senter), Interfrukt, Toyota Romerike, Maxbo Vækerø, Skagerak Arena, Ullevaal Stadion, and the municipal utility MOVAR. Miljøfyrtårn (Eco-Lighthouse) certification was obtained in January 2024. Cumulative revenue from 2012 to 2023 passed 800 million NOK. The company is privately held with no disclosed external equity ownership and no public listing.

Name

Solenergi Fusen As

Legal name

Solenergi FUSen AS

Website

https://fusen.no

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Solenergi FUSen AS is a Norwegian turnkey solar EPC contractor founded in 2012, headquartered in Oslo, that designs, installs, and services photovoltaic systems for commercial buildings, claiming roughly one-tenth of Norway's total commercial solar build.

Ownership category

akta.pro rank

Product category

Commercial Solar Energy Installation Services

NAICS

Roofing Contractors (23816), Solar Electric Power Generation (221114)

SIC

Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Solar Roofing & Roof-Mounted PV Systems (IMADAFAO)

akta.pro secondary industries

PV Balance of System (BOS) & Electrical Infrastructure (Inverters, Transformers, Cabling, Substations) (EUACAGAC), PV Mounting & Tracking Systems (Fixed-Tilt, Single-/Dual-Axis Trackers) (EUACAGAD), Solar Inverters, Power Electronics & MLPE (String/Central Inverters, Optimizers, Microinverters) (EUAMABAE), Solar Design, Engineering & Performance Software (PV Modeling, Digital Twins, Monitoring) (EUAMABAH), Next-Gen Photovoltaics R&D (Perovskite, Tandem, Organic, BIPV Materials) (EUAMAOAA)

Keywords

• Commercial solar installations
• Solar PV systems
• Building integrated photovoltaics
• Rooftop solar solutions
• Solar energy consulting

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Solar Energy System Installation (Turnkey Delivery): FUSen delivers complete turnkey solar energy installations for commercial buildings, including all components, installation, grid connection, and documentation. Revenue is generated from the design, supply of components, and installation services for solar panel systems on roofs, facades, and other surfaces of commercial properties.
2. Service and Maintenance (FDV): Ongoing monitoring, operation and maintenance services including daily follow-up, regular reports, troubleshooting, component replacement, drone thermography, and inspections according to NEK 446. Various service levels are offered to match the customer's installation.
3. Consulting and Advisory Services: Cross-disciplinary team of experienced advisors providing assessments of available surfaces, expected energy production evaluation, simulations, energy counseling, energy mapping, and Enova application assistance.
4. Electric Vehicle Charging Stations: Fast charging stations for electric vehicles are included as part of the Play:Maker R&D project, offered as an integrated energy solution.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Solenergi FUSen AS designs, supplies, installs, and maintains solar PV systems (Solcelleanlegg) for commercial buildings. Offerings span wall/facade, flat roof, pitched roof, and green roof configurations, with optional battery storage/control and proprietary WeightWatcher snow melting, plus rådgivning (consulting) and ongoing service og forvaltning.

Product overview

Solenergi FUSen is a Norwegian solar energy company specializing in complete solar panel installation systems for commercial buildings. The product portfolio centers on their core Solcelleanlegg (Solar Panel Systems) offering, supplemented by specialized mounting solutions for different roof types (Flat Roof, Pitched Roof, Green Roof, Wall and Facade), and enhanced with add-on modules including Snow Melting (WeightWatcher technology) and Battery/Storage systems with smart grid control. The company provides end-to-end services including consulting, project management, installation, and ongoing service and maintenance (FDV). An online Solar Calculator tool enables prospective customers to estimate project profitability. The offering is unified as a single integrated solution for commercial solar energy, not a modular platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Solar Panel Systems (Solcelleanlegg)

Quantifiable outcome

• Over 88 MWp of solar energy capacity installed across Norway
• +8 more outcomes

Named customers11 records

Segments3 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• EnergiPartner AScoreChannel Partner/ Reseller/ DistributorEnergiPartner AS and Solenergi FUSen AS have entered into an exclusive cooperation agreement to strengthen the focus on solar energy solutions for commercial buildings in Trøndelag and Northern Norway. EnergiPartner is a cross-disciplinary energy contractor with 100 employees and 40 years of experience in energy optimization and solutions for commercial buildings, industry, blue sector, and infrastructure in Norway and internationally.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Soltech Energy Sweden AB: Swedish solar installer serving commercial buildings across the Nordics. Same C&I turnkey model but operating primarily in Sweden rather than Norway; useful for cross-Nordic scaling comparison.

Others

• REC Solar (part of Reliance New Energy): Norwegian-headquartered solar PV module manufacturer (cells and panels). Adjacent value chain participant — not a direct installer competitor but a key supplier category for FUSen.
• Innos AS: Norwegian technology company that co-developed FUSen's WeightWatcher snow-melting system. Adjacent as a technology partner/supplier rather than competitor, but operates in the Norwegian solar technology ecosystem.

Direct peers

• Svea Solar (now part of Otovo): Nordic solar installer with Norwegian operations acquired by Otovo. Comparable turnkey residential and commercial solar delivery model in the same Scandinavian geographies.
• Greenstat ASA: Norwegian renewable energy developer with commercial solar and battery storage offerings. Closely comparable in technology stack (solar + storage + smart control) and customer profile (C&I).
• Solcellespesialisten AS: Norwegian solar installer active in the C&I segment. Direct competitor offering turnkey commercial rooftop solutions in the same Norwegian market.
• Otovo ASA: Norwegian solar installer listed on Oslo Børs. Most direct peer in the Norwegian market, though Otovo focuses primarily on residential while FUSen is commercial — both serve Norwegian end-customers with turnkey solar offerings.
• Multisol AS: Norwegian solar energy company providing commercial and industrial solar installations. Direct competitor in the same Norwegian C&I segment, with similar EPC + service offering model.

Broad incumbents

• Å Energi (Agder Energi): Large Norwegian utility group providing renewable energy including solar to commercial customers. Broader portfolio (hydropower, grid, retail electricity) gives deeper capital but less specialization than FUSen.
• Elmera Group ASA: Norwegian energy group (formerly Agder Energi portfolio) with growing solar and distributed generation offerings. Larger balance sheet and customer base; broader scope than FUSen's solar-only focus.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fusen

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Solenergi Fusen As