Parans was founded in 2003. The first version of Parans’ patented technology, the Parans system, was commercialized in 2004. The technology was developed through extensive R&D in collaboration with Chalmers Technical University in Gothenburg, Sweden.
In 2020/2021 Parans added two more product areas – IOT Street Lights and 5G Smart Towers – to its product range. Parans has now two sites: Parans Solar Lighting AB in Sweden and its fully owned subsidiary Parans Light Technologies Ltd in China (PLT). IOT Street Lights and 5G Smart Towers are promoted and sold on the Chinese market via PLT.