The sector of utility-scale solar parks in Sweden is expected to grow significantly in the coming years. The three investors in this list are an extract of our database. They are partaking in the change towards a more sustainable future by investing into large-scale solar assets in Sweden.
1) Infranode (Stockholm, Sweden)
The Stockholm-based firm makes responsible and long-term investments in essential infrastructure in Scandinavia. When it comes to renewable energy, the investor focuses on offshore wind and solar assets. The firm co-financed one of Sweden’s largest operational solar parks. Located near Åhus in Skåne, it has the size of 8 football fields and produces around 8 GWh of electricity a year. Moreover, the firm funded a large-scale solar park located north of Linköping on the E4 highway. It has an installed capacity of 12 MW and covers the electricity consumption of 2,300 households a year.
2) OX2 (Stockholm, Sweden)
OX2 is a renewable developer with offices in Stockholm, Malmö and Östersund. It offers large-scale renewable energy solutions. It invests into onshore and offshore wind, solar and storage assets. Since its founding in 2004, it has increased its focus on solar energy next to its onshore wind focus. The company has numerous solar assets under development in Sweden. For example, the company acquired two solar energy projects in Skåne from Helios Nordic Energy. Once operational, the projects will have a combined capacity of 45 MW.
3) FuGen Energi (Zurich, Switzerland)
Founded in 2017, FuGen Energi is one of the younger companies in this list. The Swiss investor locally focuses on Sweden. It invests into onshore and offshore wind as well as solar assets. Overall, it has managed to create a renewables portfolio with an installed capacity of 1500MW. In the future, the company wants large-scale solar energy to be an important part of its investment focus in Sweden. In order to fulfil this ambition, FuGen started a collaboration with the company EnergiEngagemang. They agreed to accelerate the development of large-scale solar parks in Sweden by establishing solar farms of up to 500 MW.
Image: Raphael Cruz via Unsplash (08.05.2023)