Noova Energy Systems
Scandinavian energy-technology company providing electricity contracts, energy monitoring and efficiency solutions to businesses.
Last updated September 29, 2026
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Overview
Noova Energy Systems is a Scandinavian technology company headquartered in Stavanger, Norway, founded in 2005. It develops and delivers energy-efficiency solutions to businesses across sectors including real estate, industry and chain operations, and also operates as an electricity supplier for companies. The company serves customers in Norway and Sweden, with offices in Stavanger, Oslo, Bergen, Trondheim and Stockholm, and since 2023 it has also acted as an electricity company for businesses in Sweden. Noova's offering combines power contracts with smart technology. On its website the company markets "good power agreements and smart technology that make energy simple and profitable," offering spot-price or fixed-price electricity subscriptions alongside the Noova app for power monitoring, energy management and environmental reporting. Pricing shown on the site includes a monthly amount of 0 kr with a 3.94 øre/kWh markup for the power agreement, energy-management packages from 3,400 kr/month, and enterprise pricing on request. The company states that its customers cut up to 75% of their electricity consumption. Noova's customer base exceeds one thousand businesses, including names such as McDonald's, Shell and Aker Solutions. Published customer cases describe McDonald's gaining full oversight of energy use and cutting consumption by automating routines and adjusting operations; Vianor Åsane reducing consumption by over 75% in six months using Noova's energy-monitoring system; Agder Folkehøgskole working actively on energy reduction; and Smedvig Eiendom cutting energy consumption by 14.8% and saving millions annually. Two of the company's leaders, Even Gjesdal and Jarl Haugland, were nominated for EY Entrepreneur Of The Year 2023. Noova is part of a network of partners and sponsors in the Nordics, including Lillestrøm Sportsklubb. In December 2025 the European investment firm Trill Impact acquired a majority stake in the company.
History
Noova Energy Systems was founded in 2005 as a Scandinavian technology company based in Stavanger, Norway. From its origins the company focused on energy efficiency for businesses, developing solutions for sectors such as real estate, industry and chain operations. Over the years it expanded its geographic footprint across Norway and Sweden, establishing offices in Stavanger, Oslo, Bergen, Trondheim and Stockholm. A significant strategic step came in 2023, when Noova also began operating as an electricity company for businesses in Sweden, complementing its energy-efficiency and monitoring services with power contracts. The company built a customer base of more than one thousand businesses, including McDonald's, Shell and Aker Solutions, and published customer cases documenting substantial reductions in energy consumption — for example, Vianor Åsane reducing consumption by over 75% in six months and Smedvig Eiendom cutting consumption by 14.8% and saving millions annually. In 2023 two of the company's leaders, Even Gjesdal and Jarl Haugland, were nominated for EY Entrepreneur Of The Year. Noova also became part of a network of partners and sponsors in the Nordics, including Lillestrøm Sportsklubb. In December 2025 the European investment firm Trill Impact acquired a majority stake in the company, marking a new ownership phase intended to support further growth.
Noova Energy Systems founded in Stavanger, Norway.
Company begins operating as an electricity company for businesses in Sweden.
Even Gjesdal and Jarl Haugland nominated for EY Entrepreneur Of The Year 2023.
Trill Impact acquires a majority stake in the company.
Products and positioning
Energy technology that pays off — combining electricity contracts with smart monitoring and management to help businesses cut consumption and cost.
Noova app with power monitoring
App giving customers full oversight of their energy use.
Spot-price or fixed-price electricity subscription
Electricity contracts with a monthly amount of 0 kr and a 3.94 øre/kWh markup.
Energy management
Energy-management packages from 3,400 kr/month, enterprise pricing on request.
Environmental reporting
Reporting service offered alongside energy monitoring and management.
Sources3 sources
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