Nocart Ltd.
Nocart is an environmentally conscious energy company using multiple sources to produce high quality green electricity for all needs, including own use, sale and backup power for small power plants. Nocart serves global demand on three levels: Power Management Unit, System and Power. Our product portfolio includes power electronics for renewable energy production, complete renewable power plant projects and assets to enable electricity trade. Nocart is the new standard of energy self-sufficiency. Nocart team also takes care of installation of the delivered systems when required. We have highly skillfull teams working globally with extensive knowledge on our systems.
Company details
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- Business Type:
- Manufacturer
- Industry Type:
- Power Distribution
- Market Focus:
- Globally (various continents)
About us
Nocart power electronics use industrial scale technology with high reliability and a long lifetime. It is simply the most efficient product to create minigrids.
Nocart delivers many kinds of power plant projects, such as biogas, hydro or solar powered. Smaller power plant projects can work as independent minigrids and bigger projects can connect to electricity production facilities. Nocart can provide the complete power solution from project management to deployment including all technology required for power production.
Nocart also operates as an electricity market participant through electricity exchanges or power purchase agreements. All enterprises utilize renewable energy sources and Nocart power electronics. These projects are completely managed and financed by Nocart Ltd.
Nocart solutions always include a feasibility study, customer training for technical personnel and highly responsive technical support. We have developed a strong reputation for reliability and the return of investment (ROI) is excellent.
Vesa was starting his career in the late 1990s working for ABB and Schneider Electric Finland during which he also consulted with small scale Finnish power plant manufacturers. He aimed to develop a technology to produce electricity from any possible source, even to the extent of being economically viable with smaller scale systems.
In September 2010 Vesa quit his day job and chose to dedicate his efforts entirely to Nocart. Before the end of 2011 the first 30 kW off-grid Power Management Unit was delivered to a Finnish bioenergy research and development centre.
Time passed and single off-grid/on-grid units were being delivered. With a little help from outside Nocart’s product offering was written in an understandable form with a hint of emotional charge which enabled the beginning of more serious sales operations.
After intense workload and passed obstacles things started to turn for better in 2013 along with focusing on developing countries’ markets. First substantial letter of intent was signed in Nepal during spring. Today Nocart has delivered more than 200 million euros worth of products globally.
The journey from a shy young man out of periphery into a globetrotting CEO has been challenging but rewarding. Without risk-taking and believing oneself Nocart’s story would have come to an end years ago. Instead markets have realized the value and significance of Nocart’s services. It is something no one else is offering.