Stiesdal is a climate technology company
Our purpose is to help fight climate change
The main purpose of Stiesdal is to develop and commercialize technologies with high impact on climate change mitigation. This purpose is fundamentally rooted in a conviction that more needs to be done to mitigate climate change, and that we at Stiesdal are uniquely positioned to do so.
The company pursues this purpose through the systematic application of its core strengths –
- High innovation capability
- Unique experience in the leadership team
- The ability to establish strong partnerships
- Careful selection of fields of activity suited to our skills and opportunities
-
Climate mitigation
The climate crisis is a clear and present danger to humanity. Despite the global rise of the green agenda and the widespread enthusiasm for green solutions, the stark reality is that the Earth system is on a relentless and dangerous warming trend.
Fortunately, the world is finally taking serious action. Abundant and cheap clean energy resources are available and we now see a clear pathway to a carbon free energy future: Wind and solar will become primary electricity sources backed up by storage. Hydrogen based PtX fuels will ensure expansion of the green transition into all sectors.
Adding to the challenge, we also need to start cleaning up the atmosphere to the order of removing 10 gigatons CO2 annually from 2050.
At Stiesdal, we are committed to contributing to this challenge with strong affordable solutions available in all parts of the world.
-
Job creation
The creation of jobs is a supplementary and highly important purpose of the Company. We seek to include the creation of quality jobs as a desired outcome of all our activities, taking a wide perspective considering both white and blue-collar jobs, including skilled and unskilled labor in developed and developing countries.
In general, Stiesdal pursues industrial solutions suited for manufacturing in high-cost countries, thereby mitigating job losses associated with globalization. Field implementation solutions are structured to suit the use of unskilled labor, applying many of the same approaches as developed in the wind industry.
-
Industrialization
The potential for industrialization is an essential parameter when we select and develop solutions at Stiesdal.
Industrialization means standardized and scalable production methods applied in mass production. Industrialization is the most effective lever to cost reduction, and we believe that rapid cost reduction through industrialization is one of our most important contributions to the global effort to fight climate change.
Executive management
Jacob Nørgaard Andersen
Chief Executive Officer
Head of Engineering for Vattenfall Offshore Wind since 2018 and Country Manager for Vattenfall Denmark. Headed Siemens Gamesa’s North America Onshore business. Prior to that CEO of Siemens Wind Power’s Onshore Americas business and former Head of Siemens Wind Power in Canada. Started career in Wind in 2003 as a field technician on the Nysted offshore wind project in Denmark.
Henrik Stiesdal
Founder, Chief Technical Officer and Board Member.
Wind power pioneer, built first test turbine in 1976, sold license to commercial design to Vestas in 1979, kick-starting today’s wind industry. Technical Manager of Bonus Energy from 1988, then CTO of Siemens Wind Power 2004-2014. Installed the world’s first offshore wind farm (1991). Holds more than 1000 patents.
Peder Nickelsen
Chief Commercial Officer, CEO of subsidiaries and Board Member.
Joined Bonus Energy in 1993 as project engineer, Head of Engineering from 1998, Technical Manager of SGRE Service from 2016. Involved in the design of more than 50% of all offshore wind turbines in the world. Academic background in mechanical engineering, Aalborg University.
Board Members
Kim Bøttkjær
Chairman of the Board
Co-founder of FIH Partners. 25+ years of investment banking experience in London, New York, Boston, Copenhagen and Frankfurt. Broad advisory experience across green investments, government businesses, public takeovers, and equity capital markets.
Supports the Company on overall strategies, financing and management.
Heidi Hjelm Kamstrup
Senior Investment Director at PensionDanmark and Board Member of Stiesdal. 10+ years of experience within investments and M&A, including direct investments in renewable energy related infrastructure and energy transition technologies. Member of the Board of Stiesdal since PensionDanmark’s investment in the company in May 2021.
Appointed by PensionDanmark.
Lars Bondo Krogsgaard
Private consultant and strategic advisor with 20+ years in management and C-suite level roles. Extensive energy experience, including top management positions at wind turbine manufacturers Nordex, MHI-Vestas and Siemens Gamesa. Appointed by PensionDanmark, particular focus on supporting the Company on sales and marketing matters/strategies.
Carsten Pedersen
Chairman of the Board of Welcon, the leading global supplier of offshore wind towers. Co-founded wind turbine manufacturer Nordex (1985) and served as Chief Sales Officer until 2010.
Supports the Company with manufacturing and globalization, has overseen manufacturing of first Tetra foundation at Welcon.
Niels Ahrengot
Founder and Managing Partner at Implement Consulting Group, a leading Scandinavian management consulting firm. Has provided top management advisory within strategy and operations for a range of Blue Chip companies across Europe.
Supports the Company on organizational development, and lean product and project development and execution.
Henrik Stiesdal
Founder, Chief Technical Officer and Board Member.
Wind power pioneer, built first test turbine in 1976, sold license to commercial design to Vestas in 1979, kick-starting today’s wind industry. Technical Manager of Bonus Energy from 1988, then CTO of Siemens Wind Power 2004-2014. Installed the world’s first offshore wind farm (1991). Holds more than 1000 patents.
Peder Nickelsen
Chief Commercial Officer, CEO of subsidiaries and Board Member.
Joined Bonus Energy in 1993 as project engineer, Head of Engineering from 1998, Technical Manager of SGRE Service from 2016. Involved in the design of more than 50% of all offshore wind turbines in the world. Academic background in mechanical engineering, Aalborg University.
Company structure
Stiesdal
Parent Company. Overall management of the group.
Stiesdal Offshore
Target: Unlimited low-cost offshore wind energy
Means: The Tetra industrialized floating offshore wind foundation
Stiesdal Hydrogen
Target: Application of renewable electricity across all sectors
Means: The HydroGen electrolyzer unit for low-cost hydrogen production
Stiesdal SkyClean
Target: Carbon capture and sequestration
Means: The SkyClean system combining green fuel production with carbon capture and sequestration