Ron Stimmel
CEO
Noria Energy
This company develops and installs on-site solar energy projects for commercial, industrial, and municipal customers, including floating solar arrays. By providing behind-the-meter solar solutions, they enable customers to reduce energy costs, leverage renewable energy incentives, and achieve sustainability goals.
- Clean Technology
- Energy
- Hardware
Updated 19 months ago
Funding
Raised to date
$1.1MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
Many commercial, industrial, and municipal organizations face challenges in reducing energy costs and meeting sustainability goals due to limited space or land constraints. Traditional ground-mounted solar installations may not be feasible or optimal for organizations located near inland freshwater bodies or those with valuable land that could be used for other purposes.
Solution
Noria Energy provides on-site solar energy solutions, specializing in floating solar arrays, that enable commercial, industrial, and municipal customers to reduce energy costs, leverage renewable energy incentives, and achieve sustainability goals. Their patented AquaPhi™ technology allows floating solar islands to autonomously track the sun, increasing energy production compared to fixed systems. Noria Energy offers full-service power purchase agreements (PPAs), development services including designing, permitting, and engineering, and feasibility studies to assess the technical, environmental, and financial viability of solar systems. Their floating solar solutions also offer water quality benefits, such as reducing evaporation and decreasing harmful algae blooms.
Target Audience
Noria Energy serves water agencies, the agriculture industry, heavy industry, hydroelectric facilities, community solar programs, mining operations, and commercial and industrial customers.
Features
- Patented AquaPhi™ technology for rotational tracking, increasing energy production by up to 17% compared to fixed systems
- Floating solar arrays designed for inland freshwater bodies, overcoming land constraints
- Development services including feasibility studies, system design, permitting, and engineering
- Full-service Power Purchase Agreements (PPAs) to buy renewable power without upfront capital investment
- Solutions for powering on-site water treatment and monitoring equipment
- Reduces water evaporation and decreases harmful algae blooms