EEW, a developer of utility-scale solar energy projects, has announced that it now has 290MW of solar power projects at the advanced development stage in Sweden, making it the country’s largest solar power developer.
As well as the 290MW (seven sites) at the advanced-stage from its well-established fourteen site project pipeline of 485MW in Sweden, it has a further 55MW at the mid-stage and 145MW at the early-stage.
The seven advanced-stage sites are concentrated in the southern part of Sweden which is currently experiencing record high electricity prices and saw outages in Stockholm and surrounding suburbs this summer that left 48,000 people without power. EEW's projects are positioned to provide a material boost to the electricity network at the right locations, helping to address these issues while also helping Sweden meet its 2045 net zero target.
While Sweden is seeing increasing interest in the development of large solar power parks, the market is still relatively young and presents a compelling opportunity for developing utility scale solar PV projects. Sweden’s solar capacity is expected to treble to an installed capacity of 3.5GW by 2030.
For more information visit EEW’s website.