Renewable energy company Inseanergy rebrands to Alotta

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In Alotta, we have truly discovered our identity, which powerfully reflects our ambition to inspire and drive the world’s transition to renewable energy.

Since its inception in 2020, the Aalesund-based company Inseanergy has established itself as a reliable supplier of renewable solutions to the aquaculture industry, that reduce both emissions and operational costs. Now, the company is expanding its activities to become a leading global player in decentralized renewable energy and rebrands to Alotta. With strategic industrial partners like AKVA Group, and support from experienced investors, such as Norselab and Umoe, the company is poised for significant growth.

- It has been an adventure so far. Our growth has opened up a global space of opportunities for the company that our former identity did not embrace. In Alotta, we have truly discovered our identity, which powerfully reflects our ambition to inspire and drive the world’s transition to renewable energy, says Kari-Elin Hildre, CEO of Alotta.

A meaningful brand

The company's name, Alotta, stems from its ambition to utilize renewable resources and give more people access to clean energy. It also reflects the company's positive and energetic culture.

The company delivers turnkey, scalable solutions for floating solar power. In the first instance, the company has focused on the aquaculture industry, where Alotta's solutions have made it possible to replace the use of diesel generators and reduce emissions from the operation of fish farming facilities. This has proven the significant potential of the company’s solutions. Alotta can completely, or partially, replace fossil power in areas where there is limited access to renewable alternatives, including island communities with limited land area and power infrastructure.

Contribution to the SDGs

Alotta supports the UN's Sustainable Development Goals, particularly Goal 7 (clean energy for all) and Goal 12 (responsible consumption and production). By providing zero-emission energy, Alotta helps reduce reliance on diesel in industries like aquaculture, which has a market value of $290 billion.

Worldwide, there are over 1,000 inhabited islands with a total population of more than 65 million. These islands, known as small island developing states (SIDS), typically rely on imported fossil energy sources for their electricity. A reliance that is a significant concern for global sustainability goals. Decentralized, renewable energy solutions are crucial for meeting future energy needs, without hindering economic growth and welfare. Alotta's solutions will not only provide electricity to homes, schools, and hospitals but also create opportunities for development while preserving the vulnerable ecosystems and natural environments that these communities depend on.

- For island communities, this means more than just electricity - it means independence, and sparks hope for a sustainable future, says Jan Erik Våge Klepp, founder of Alotta.

Strong partners and new markets

With key partnerships and NOK 30 million in investments from Norselab and Umoe, Alotta is expanding into new markets and finalizing agreements with international clients.

- We are commencing installations at several sites in Norway and are in final negotiations with clients in other parts of the world, says Alotta founder Jan Erik Våge Klepp.

About Alotta

Alotta is a Norwegian company with the ambition to make renewable energy available in more places, for more people. The company has established a solid foothold delivering floating solar and has demonstrated its value through innovative renewable solutions that can replace fossil energy in all corners of the world. The company was founded in 2020 and has since entered into partnerships with industrial heavyweights such as AKVA Group, as well as attracted investments from Norselab and Umoe. Alotta contributes to the UN's sustainability goals by offering scalable, environmentally friendly energy solutions that make renewable power available in remote areas.

Kari-Elin Korsnes Hildre

Chief Executive Officer