Empower New Energy

Oslo, Norway

SolarWindEnergy Storage

Founded 201711-50 employees

Profile last updated: August 7, 2026

About

Founded in 2017, Empower New Energy is a renewable energy company headquartered in Oslo, Norway with approximately 11-50 employees specializing in Solar, Wind, Energy Storage.

Empower New Energy is a renewable energy financier and co-developer established in 2017. It provides finance and co-development for small and medium-sized solar power plants, typically 1-20 MW, serving commercial, industrial and agricultural energy users and local utilities across Africa. Projects are supported by 10-25 year power sales or power support agreements with no upfront cost to the energy user. The company finances, builds and owns plants, works with local development, EPC, O&M and technical partners, and plans to invest in more than 50 rooftop and ground-mounted solar or solar battery plants. It has projects in operation or under construction in Ghana, Nigeria, Egypt, Morocco and Kenya, and is backed by public and private impact investors. It also aims to invest over USD 300 million in decentralised solar by 2030.

Headquarters

Oslo, Norway

Founded

2017

Employees

11-50

Focus areas

Solar PVCommercial and industrial solarPower purchase agreementImpact investmentCo-developmentBattery storageAfricaRenewable energy finance

Products & services

Business models

B2BIPP

Value chain

DevelopmentConstructionO&MAsset Management

Service areas (1)

Commercial, industrial and agricultural solar finance and co-development
Finances, co-develops, builds and owns small and medium-sized solar PV plants (with or without storage) under long-term power purchase or power support agreements, with monitoring and O&M by local partners.