Executive Summary 2025

Horizon Nordicâ„¢ is a leading player in technology and sustainable energy. We develop green energy systems, advanced carbon capture technologies, and energy optimization services. With innovation at the forefront, we create technological solutions that contribute to a carbon-neutral world.

 CEO LETTER

A Year of Innovation and Progress

2023 has been a groundbreaking year for Nordica Technologies, marking an exciting chapter in our journey toward shaping the future of sustainable energy. Over the past year, we have launched a series of innovative energy solutions that are not only pushing the boundaries of technology but also contributing to a more sustainable world. These efforts have been complemented by the strengthening of our global presence, allowing us to expand our impact and reach across new regions. As we take significant strides toward achieving our sustainability goals, we are more committed than ever to leading the charge in the green energy sector.

None of this would have been possible without the unwavering dedication of our employees, whose passion for innovation and excellence has been the driving force behind our success. We are also deeply grateful to our customers, whose trust and partnership have allowed us to bring our solutions to life, and to our collaborators, whose shared vision for a sustainable future has inspired our ongoing efforts. Together, we are creating a greener tomorrow, and we look forward to continuing this journey with you all.

Full CEO letter →
Full CEO letter →

KEY NUMBERS

  • 42

    (bn NOK)

    Revenue

  • 75

    (M NOK)

    EBITDA

  • 120

    (M NOK)

    Research and Development Budget

  • 88

    (M NOK)

    Order Backlog for 2024

OUR CORE BUSINESS

Nordica Technologies is a leading player in technology and sustainable energy. We develop green energy systems, advanced carbon capture technologies, and energy optimization services. With innovation at the forefront, we create technological solutions that contribute to a carbon-neutral world.

Technology for a Greener Future

  • Integrated renewable energy solutions, including solar, wind, and bioenergy.

  • Advanced systems for capturing and storing COâ‚‚ from industrial processes.

  • Software and services for energy management and efficiency in businesses

OUR CORE BUSINESS

Technology for a Greener Future

  • Green energy systems

    It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

  • Carbon capture technologies

    It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

  • Energy optimization

    It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

CSR INIATIVES

Innovative Initiatives with Measurable Results

New Solar Energy Technology

Developed solar panels with 40% better efficiency

Carbon Capture Pilot

Launched a project for industrial emissions with a global expansion plan

Market Growth

Expanded operations to 39 countries, strengthening our position in Europe and globally

Our Commitment to Sustainability and Corporate Responsibility

  • 50% reduction by 2025

    Reducing Our Own Carbon Emissions:

  • Net Zero Emissions by 2030

    Achieved through investments in renewable energy sources

  • Collaboration with the Norwegian Climate Foundation

    To promote sustainable energy solutions

Environmental Responsibility

  • Increased wind and solar energy capacity by 25%,

    reducing reliance on fossil fuels.

  • Captured 1.2 million tons of COâ‚‚

    through Carbonova’s carbon capture technology.

  • Developed energy storage solutions with a 40% efficiency improvement .

    via NordStor

  • Reduced Horizon Nordics’ operational carbon footprint by 30%,

    moving toward net-zero goals

Powering a Sustainable Future: Our ESG Journey

    • Increased wind and solar energy capacity by 25%, reducing reliance on fossil fuels.

    • Captured 1.2 million tons of COâ‚‚ through Carbonova’s carbon capture technology.

    • Developed energy storage solutions with a 40% efficiency improvement via NordStor.

    • Reduced Horizon Nordics’ operational carbon footprint by 30%, moving toward net-zero goals.

    • Increased workforce diversity, with 42% of leadership positions now held by women.

    • Provided over 50,000 hours of employee training in clean energy, leadership, and innovation.

    • Supported 15 local renewable energy projects, benefiting over 100,000 people in underserved regions.

    • Achieved a workplace safety improvement of 22%, with record-low incident rates.

    • Improved ESG reporting transparency, with a 92% compliance score across regulatory frameworks.

    • Strengthened supply chain ethics, with 98% of suppliers meeting sustainability standards.

    • Increased board diversity, with 35% representation from underrepresented groups.

    • Engaged over 500 stakeholders in dialogues to align operations with global sustainability standards.e.

Read more about what we accomplished in 2024

  • What should we know about the services you provide? Better descriptions result in more sales.

  • What should we know about the services you provide? Better descriptions result in more sales.

  • What should we know about the services you provide? Better descriptions result in more sales.

The Road Ahead: Growth, Innovation, and Sustainability

Make it stand out.

Further development of carbon capture technology and deployment of new energy systems.

Strengthening global partnerships to accelerate the green transition.

Continued focus on research and development to create world-leading solutions in sustainable energy.

Make it stand out.

  • Dream it.

    It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more.

  • Build it.

    It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more.

  • Grow it.

    It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more.

  • Sell it.

    It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more.

Green Energy Systems

  • Revenue: NOK 42 billion
    EBITDA: NOK 75 million
    Research and Development Budget: NOK 120 million
    Order Backlog for 2024: NOK 88 billion

  • 2024 - 34% reduction

    Goal 2025 - 69% reduction

Carbon Capture Technology

  • Revenue: NOK 42 billion
    EBITDA: NOK 75 million
    Research and Development Budget: NOK 120 million
    Order Backlog for 2024: NOK 88 billion

  • 2024 - 34% reduction

    Goal 2025 - 69% reduction

Energy Optimization:

  • Revenue: NOK 42 billion
    EBITDA: NOK 75 million
    Research and Development Budget: NOK 120 million
    Order Backlog for 2024: NOK 88 billion

  • 2024 - 34% reduction

    Goal 2025 - 69% reduction

  • New CFO Joins Nordica Technologies

    In 2023, Emma Lindberg joined Nordica Technologies as CFO, bringing 20 years of experience in financial strategy and sustainable investments. Her leadership is already optimizing financial structures to support our expansion and green technology investments. Emma’s expertise ensures financial stability while driving innovation in the renewable energy sector.

  • Breakthrough in Carbon Capture Technology

    We launched a new carbon capture pilot that improves efficiency by 30%, making COâ‚‚ reduction more cost-effective. The project, developed with key industry partners, has gained international interest. Plans are in place to scale the technology globally in 2024, reinforcing our leadership in emission reduction.

  • Expansion into New Markets: Now Operating in 39 Countries

    Nordica Technologies expanded into Asia, North America, and South America, growing our presence to 39 countries. Demand for renewable energy, carbon capture, and energy optimization is driving our international growth. These new markets strengthen our global impact and open doors for strategic collaborations.

  • NOK 120 Million for Sustainable Innovation

    We invested NOK 120 million in R&D to develop next-gen solar panels, wind optimization, and AI-driven energy management. With dedicated research hubs in Oslo and Berlin, we continue to attract top talent and push innovation in green energy solutions

Make it stand out.

  • Take a minute to write an introduction that is short, sweet, and to the point.

    It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

  • Take a minute to write an introduction that is short, sweet, and to the point.

    It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

  • Take a minute to write an introduction that is short, sweet, and to the point.

    It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

  • Take a minute to write an introduction that is short, sweet, and to the point.

    It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

Innovative Initiatives with Measurable Results

New Solar Energy Technology

Developed solar panels with 40% better efficiency

Carbon Capture Pilot

Launched a project for industrial emissions with a global expansion plan

Market Growth

Expanded operations to 39 countries, strengthening our position in Europe and globally

Innovative Initiatives with Measurable Results

New Solar Energy Technology

Developed solar panels with 40% better efficiency

Carbon Capture Pilot

Launched a project for industrial emissions with a global expansion plan

Market Growth

Expanded operations to 39 countries, strengthening our position in Europe and globally

Sweden

Sweden
Greenwashing & co

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Sweden
Greenwashing & co

Learn more
Learn more

Sweden
Greenwashing & co

 

Nordica Technologies is a leading player in technology and sustainable energy. We develop green energy systems, advanced carbon capture technologies, and energy optimization services. With innovation at the forefront, we create technological solutions that contribute to a carbon-neutral world.

Technology for a Greener Future

  • Integrated renewable energy solutions, including solar, wind, and bioenergy.

  • Integrated renewable energy solutions, including solar, wind, and bioenergy.

  • Integrated renewable energy solutions, including solar, wind, and bioenergy.

  • Integrated renewable energy solutions, including solar, wind, and bioenergy.

  • Advanced systems for capturing and storing COâ‚‚ from industrial processes.

  • Software and services for energy management and efficiency in businesses