Eco Energy World sells 42MWdc Swedish solar PV project

Facebook
Twitter
LinkedIn
Reddit
Email
The project is expected to commence operations in 2024. Image: Eco Energy World

Renewable energy project developer Eco Energy World has sold a 42MWdc solar PV project in Sweden. 

Located in southern Sweden, the project was sold to a large Swedish solar and wind developer. It is targeted to reach the ready-to-build status in 2023 and commence operations next year. 

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The project is estimated to generate about 41GWh of clean energy annually. However, Eco Energy World did not disclose the buyer and cost of the transaction. 

“This is Eco Energy World’s first project sale in Sweden. We now have a pipeline of solar and battery energy storage system (BESS) projects over 1GW in Sweden, many of which are in an advanced stage of development,” said Svante Kumlin, CEO of Eco Energy World. 

According to Svensk Solenergi, Sweden’s solar energy trade association, Sweden is now seeking to achieve its 2045 net zero target and address power shortages affecting the south of the country.

Last year, newly installed grid-connected solar power amounted to about 1GW, increasing from 503.4 MW the year before. 

Solar energy only accounts for just 1% of Sweden’s total energy mix. The Swedish Energy Agency forecasted that Sweden’s solar output is set to treble over the next two years to 3TWh. 

In February, Finnish renewables developer Taaleri Energia – the renewables arm of Taaleri Group – and Nordics-focused developer Landinfra Energy entered a partnership to develop 1.9GW of hybrid solar, energy storage and wind projects in Sweden.

The planned pipeline consists of 1.1GW of solar-plus-storage assets and 800MW of wind-plus-storage, with Taaleri having acquired 50% of the portfolio from Landinfra. The plan represents €1.5 billion (US$1.5 billion) in investment and is projected to generate around 2.5TWh annually.

Read Next

September 15, 2025
Sunrun has priced a securitisation of leases and power purchase agreements, taking its non-recourse debt capital raised in Q3 above US$1.5 billion. 
September 15, 2025
Norwegian energy firm Statkraft has agreed to divest a portion of its renewable energy portfolio to Serentica Renewables.
September 15, 2025
UNSW spin-out company Lab360 Solar has been awarded funding from ARENA to bring its drone-based PV inspection technology to market.
September 15, 2025
Vikram Solar has secured a contract to supply 200MW of modules to AB Energia, a domestic solar engineering, procurement, and construction (EPC) solutions provider. 
September 12, 2025
Colombian energy supplier Celsia is seeking more than US$1.2 billion in investment to build wind and solar generation projects in Peru. 
September 12, 2025
ACME Venus Urja has secured INR3.8 billion (US$43 million) to develop and construct a solar-plus-storage project in Barmer, Rajasthan.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines