290MW of advanced development to address the south Sweden energy issues
LONDON, November 9, 2021 / PRNewswire / – EEW, a leading developer of solar energy projects in the public utility scale, announces that they now have 290 MW solar energy projects in the advanced stage of development in Sweden, which makes it the country’s largest solar energy developer.
As well as 290 MW (seven sites) in the advanced stage from its well-established project pipeline with fourteen sites of 485 MW in Sweden, it has an additional 55 MW in the middle and 145 MW in the early stages.
The seven advanced sites are concentrated in the southern part of Sweden which is currently experiencing record high electricity prices and sawn outages Stockholm and surrounding suburbs this summer that left 48,000 people without power. As such, EEW’s projects are positioned to provide a material boost to the grid in the right places, helping to solve these problems while helping Sweden achieve its net zero target by 2045.
While Sweden sees a growing interest in the development of large solar energy parks, the market is still relatively young and offers a convincing opportunity to develop solar cell projects on a utility scale. Sweden solar energy capacity is expected to triple to an installed capacity of 3.5 GW by 2030.
Svante Kumlin, CEO of EEW, said:
“Sweden is on the verge of rapid growth in solar energy as it strives to reach its net zero target by 2045 and address the power shortage that is currently affecting the south of the country. Our 13-year track record of successful development of solar energy projects and 14 secured project sites in Sweden, means that we are ideally positioned to be at the forefront of this growth.
“We look forward to moving these projects to the Ready To Build stage and continue to seek additional places in Sweden to complement our global 7.4GW project development pipeline. ”
Mutaz Alkiswani, EEW’s project developer – Sweden, sa:
“We have worked hard to build this comprehensive development pipeline in accordance with the upcoming Swedish development model and with a strong focus on ensuring that projects can coexist with the environment and especially the region’s highly productive agricultural land. We are proud to have established EEW as the largest solar energy developer. in Sweden. “
SOURCE Eco Energy World (EEW)