Norhard AS

Cost Efficient and Environmentally Friendly Directional On-shore Drilling Solutions

General Information
Company Name
Norhard AS
Founded Year
2007
Location (Offices)
+2
Founders / Decision Makers
Number of Employees
18
Industries
ESG, Renewable Energy, Construction
Funding Stage
Series Unknown
Social Media

Norhard AS - Company Profile

Norhard AS is a full-service provider for directional drilling and lining of penstocks for hydropower plants. Established in 2007, the company is based in Tonstad, Norway. The area, known for its expertise in hydropower, is home to the Tonstad Hydropower Plant with an impressive 1000 MW capacity. Norhard's innovative drilling technology is fully electric-operated, remotely controlled, and has integrated systems for navigation and steering, enabling drilling along predefined curves. These unique features make it an environmentally friendly and efficient solution for underground infrastructure projects. The company's latest €1.97M investment came from the EASME - EU Executive Agency for SMEs in a Venture Round in January 2017. With a total production capacity of about 250 GWh of clean renewable energy, Norhard has successfully implemented its solutions in numerous hydropower plants across Norway.

Taxonomy: Directional drilling, Hydropower technology, Renewable energy solutions, Environmental friendly drilling, Energy infrastructure, Electric operated equipment, Remote control technology, Penstock lining, Hydropower plant construction, Norwegian energy sector, Pressure shaft drilling, Infrastructure solutions, HVDC connection technology, Clean energy production, Silent operation technology

Funding Rounds & Investors of Norhard AS (1)

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Funding Stage Amount No. Investors Investors Date
Venture Round €1.97M 1 EASME - EU Executive Agency for SMEs 09 Jan 2017

Latest News of Norhard AS

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No recent news or press coverage available for Norhard AS.

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