Top 15 Renewable Energy Companies in Sweden

Top 15 Renewable Energy Companies in Sweden

Top 15 Renewable Energy Companies in Sweden

Image source: pch.vector/freepik

Sweden is a world-leading country when it comes to bioenergy. Currently, almost 54.6 percent of Sweden's energy production comes from renewable sources.  Sweden is also the first country in Europe to meet the renewable energy targets set by the EU for 2020. Renewable Energy Companies in Sweden also played a huge role in this.

They claim that their development and implementation of green technologies have led to this achievement. Sweden didn't just achieve this height but achieved Eight years ahead of schedule. Therefore, renewable technologies are used widely in the country across all sectors.

Energy Used in Sweden

Image from Swedish Energy Agency

Furthermore, Sweden has eyed a target of meeting 100 percent of its electricity needs from renewable sources by 2040. They are also looking after more innovative solutions to meet this ambitious 100 Percent renewable policy goal. International Renewable Energy Agency (IRENA) has also prepared four solutions to meet the country's goal.

With all that being said, let's look at the Top Renewable Energy Companies in Sweden as well as major resources of renewable energy in Sweden.

Source | Swedish Cleantech

What are the major resources of renewable energy in Sweden?

The rich supply of moving water and biomass contributes to Sweden's high share of renewable energy. Wind Power, Bioenergy, Solar Energy, Heat Pumps, Wave Power, Ethanol, Hydrogen, as well as body heat are the major sources of renewable energy in Sweden.

                                            Renewable Energy Sources in Sweden
                                                                                                    Image from Mordor Intelligence


This Hydropower (Water), as well as bioenergy, are the top sources of renewable sources in Sweden. Hydropower for electricity and bioenergy for heating. However, in recent years heat pump use has increased. Currently, Heat pumps supply heat to 93 percent of all apartment buildings and 83 percent of all commercial buildings.

According to a study of Mordor Intelligence in 2018, Hydro Energy accounted for 68 percent of energy generation in Sweden. That amounts to 89,306 gigawatt-hours (GWh). Similarly, Solar Energy generated 0.5 percent energy amounting to 28,880 megawatts (MW).

Likewise, Bioenergy generated 10.5 percent whereas Wind energy generated 18.5 percent energy amounting to 20 terawatt-hours (TWh) in 2019. This contributed to 10% of the total electric power generated in Sweden. Other sources generated 2.5 percent of energy combined.

Source |

Now, let's take a look at the Top 15 Renewable Energy Companies in Sweden.

Top 15 Renewable Energy Companies in Sweden

1. Biond

On top of our list of Top Renewable Energy Companies in Sweden is Biond that refines waste to biofuel. The company receives over 200,000 tons of food waste as well as other wastes every year which they convert into biofuel.

Biond is one of the leading transistors of waste management and biofuel. They look up to waste as a value-creating resource whilst converting it to sustainable benefits for society. They offer municipalities and companies development, operation, and commercial management of waste and energy facilities.

It is Sweden's largest biogas producer and produces 90 gigawatts (GWh) of biogas. Furthermore, they collaborate with Bonbio, one of their sister companies for the development of innovative products from organic waste.

  • Founded: 2012
  • Headquarter: Lilla Nygatan, Sweden
  • Number of Employees: 15
  • Specialties: Biofertilizer, Waste Management, Recycling Waste
  • Sector: Biogas
  • Website:


2. Swedish BioFuels

The goal of Swedish Biofuels is clear. It is to offer a complete solution for environmentally friendly alternatives to fossil motor fuels. The company is already known as the future of environmentally friendly fuels.

They focus on the development, demonstration, and deployment of alternative fuels for the transport industry. Their main aim is to bring a clean revolution. They believe you don't need to change the motors but your perspective.

The Swedish Biofuels AB technology inspires to replace fossil fuels with biofuels. Furthermore, with no change in engine design, performance as well as no distribution.

  • Founded: 1999
  • Headquarter: Stockholm, Sweden
  • Specialties: Biogas, Biofuel, Biological diesel, Biological jet fuel as well as Biological gasoline
  • Sector: Biogas
  • Significant Feats: Biological gasoline patented in the USA and Europe, Biological diesel and jet fuel patented in the USA and Europe, as well as Received Award from US Department of Defence and many others.
  • Website:


3. BioSystem

BioSystem believes that waste equals energy. It specializes in the biological degradation of organic waste and wastewater. They are basically consultants and work as waste, waste-water, energy as well as biotechnology consultants.

They also have a long experience in developing new biological processes as well as new components for waste and waste-water treatment. The company specializes in design for local production of biogas plants.

  • Projects: Projects completed successfully in Norway, Germany, England, Poland, Ukraine, Slovenia, North America, South America, China as well as India.
  • Specialties: Wastewater Treatment, Municipal Waste, Biogas
  • Sector: Bioenergy
  • Website:


4. Environment And Bio Solution (EBS)

EBS is an agency company that provides complete mechanical equipment for biogas plants.

The company provides services like Glass Enameled, epoxy-coated, black steel digestion tanks, and others. Furthermore, they also offer Gas-holders on tanks, mixers center-mounted or side-mounted, pumps for liquid and gas mixing as well as chopper mixing for the decomposition of liquid organic waste-based.

Flares for gas cleaning as well as shredders for organic waste digesters are some of the more than the company offers.

  • Headquarter: Kavlinge, Sweden
  • Projects: Completed various projects over the past 8 years
  • Specialties: Bio plants
  • Sector: Biogas
  • Website:


5. Energiforsk

Energiforsk makes the effort to make energy smarter. The company researches to create and add value for the business, customers, and society at a large scale. It is basically a research and knowledge institute that advances and coordinates energy research.

They offer qualified specialists in the field of energy. The company has extensive experience in energy-related research and development through companies and organizations.

The company mainly provides its services to industry, energy companies, the Swedish government, EU, professional associations, consultants as well as NGO's.

  • Founded: 1993
  • Headquarter: Stockholm, Sweden
  • Specialties: Initiating Research and Development, Coordinating research and development, as well as Specialist services in the energy area and international collaboration
  • Sector: Energy management
  • Website: Energiforsk.Se

Also Read: Renewable Energy Companies in Denmark



ED Biogas converts organic waste into a resource. The company has developed as well as patented its own MR Biogas Reactor. It has several innovative solutions that make it energy-efficient, reliable as well as maintenance, cost-friendly.

The company is a consortium comprising two consultancies with all-around experience in energy systems and automation. Carmex AB and OSG AB are the respective consultancies. Varmex looks after heating, ventilation, sanitation, energy systems as well as its overall setup and installation.

On the other hand, OSG AB operates within real estate automation and property-related technical systems. Its customers mainly include major regional hospitals, Stockholm Public Transport as well as various major property owners.

  • Founded: 1985
  • Headquarter: Solkraft Vegan, Sweden
  • Number of Employees: Around 30 employees
  • Specialties: Digester, Plug flow technology, High DS Levels, Substrate Preheating as well as Thermophilic digestion
  • Sector: Biogas
  • Website: Edbiogas.Se


7. Askalon

Askalon consists of five business units. Valves, Engineering, Valve Diagnostics, Service as well as Education are the units. The company promises to deliver a tailored solution for every need of every customer. Their's team of 100 people: project managers, engineers as well as technicians, and skilled specialists makes it possible.

They take a complete approach to the entire process chain. Furthermore, they take full responsibility for complete valve supplies, develop complex, customized applications, and create thoughtful procedures for preventive maintenance as well as services.

  • Founded: 1973
  • Headquarter: Nolgardsvagen, Sweden
  • Number of Employees: 100 employees
  • Specialties: Valves, Engineering, Valve diagnostics, Service as well as Education
  • Sector: Biogas
  • Website:


8. Azelio

Azelio operates in various countries across the globe. It is a Swedish company that works with solar energy. It is a Stirling manufacturer and is already a leading supplier of engine-based renewable energy solutions.

The company believes in generating power from the sun and wind. They have a conviction that the future can be powered by solar energy. This has determined them to work on finding an economically attractive as well as a sustainable way of storing energy.

TES.POD has been developed by the company in order to build a renewable future. It is a cutting-edge thermal energy storage technology. It produces clean energy wherever and whenever you need it.

  • Founded: 2008
  • Headquarter: Gothenburg
  • Number of Employees:
  • Specialties: PV, TES POD, Solar Power as well as Wind Power and Energy Storage+
  • Sector: Solar energy
  • Website:


9. Eolus

Eolus has three business areas: Design of wind power plants, electricity production, and operation as well as management services for owners of wind power plants. Furthermore, they assist as consultants in various parts of wind power projects for external customers.

The company creates value at all levels within the framework of the design, establishment, and operation of renewable energy facilities. It offers both local and international investors.

Their main idea is to design and build wind turbines in the place with good wind conditions. They also produce electricity from their own wind power plants.

  • Founded: 1990
  • Headquarter: Hassleholm, Sweden
  • Specialties: Wind Turbines, Wind Farms
  • Sector: Wind Power
  • Website:



Vasa Vind is a wind power company. It develops, builds as well as operates land-based wind farms in Sweden. To this date, the company consists of 525 Megawatt (MW) in operation and more than 700 MW in various stages of development.

The company operates its projects whilst keeping three things in mind: Resource, Equipment, and Structure. Their projects are characterized by a large-scale and industrial approach.

  • Founded: 2008
  • Headquarter: Stockholm, Sweden
  • Specialties: Wind Turbines, Wind Farms
  • Sector: Wind Energy
  • Website:

Also Read: Life Cycle Assessment (LCA) - An Overview


11. SSolar

SSolar is a private Swedish company with a high-tech manufacturing base as well as has customers in multiple countries. The company develops and manufactures high-performing thin-film nanocoatings, absorbers as well as heat exchangers.

It uses advanced sputtering and slot-die technology as well as operates according to lean production standards. Its mission is to become a leading provider of multipurpose Sol-gel thin film. They are also offering new innovative coatings as well as products to the core and new customers.

  • Founded: 30 years ago
  • Headquarter: Skagen Hagen, Sweden
  • Specialties: Nano-coatings, Absorbers, Heat exchangers as well as Slot-die technology
  • Sector: Solar energy
  • Website:


12. InnoVentum

InnoVentum focuses and develops as well as commercializing exceptionally environment-friendly, resource-efficient as well as aesthetically compelling renewable energy solutions.

Hybrid wind-solar systems, Wind turbines as well as PV Solar panel installations are some of the solutions. The company uses wood instead of steel to make it more cost-friendly and less noisy.

The company always keeps three things in mind: Sustainability, Functionality as well as Aesthetics. With these things, the company moves with projects and gets things done.

  • Founded: 2008
  • Headquarter: Malmo, Sweden
  • Specialties: Hybrid wind-solar systems, wind turbines as well as PV Solar Panel and Energy storage
  • Sector: Solar energy as well as Wind energy
  • Website:


13. Bioendev

Bioendev develops and supplies comprehensive technology for the production of black pellets. This enables the most cost-effective use of biomass in heat and power generation.

The company works to provide the world with a sustainable alternative to fossil fuels. Today the company has more than ten patents.

  • Founded: 2007
  • Headquarter: Korsvagen, Sweden
  • Specialties: Black pellets, Fossil coal plants
  • Sector: Biogas
  • Website:


14. Biofrigas

Biofrigas's unique technology comes as a complete plant where people can upgrade and liquefy your red gas to liquefied biogas. This liquefied biogas can be used as fuel for trucks, buses, heavy shipping or for various needs in the industry.

These types of small-scale plants make them suitable for agriculture, small treatment plants, and the food industry. The whole facility is housed in a 40-foot container.

  • Founded: 2012
  • Headquarter: Goteborg, Sweden
  • Specialties: Small scale facility for biogas
  • Sector: Biogas
  • Website:


15. Absolicon

The company has a unique technology developed with 20 years of research. The technology extracts energy in different forms using concentrated solar collectors.

Their product is a semi-automatized, high-precision Product line for low-cost mass for their T160 Solar collectors. The company develops, manufactures, and sells solar energy systems that generate renewable energy in various forms.

The company's main motive is to help solve the world's energy problem.

  • Founded: 2007
  • Headquarter: Harnosand, Sweden
  • Number of Employees: 30 employees in three cities
  • Specialties: T160 Solar collectors
  • Sector: Solar energy
  • Website:

Also Read: Renewable Energy Companies in UK

How much energy do Renewable Energy Companies produce in Sweden?

As we previously discussed, Renewable Energy Companies in Sweden produce more than 50 Percent share of renewable energy used 54.6 Percent precisely to say.

The country set to achieve this target by 2020 but they achieved this accomplishment by 2012. Therefore, the country has set a new target of 100 Percent renewable electricity production by 2040.

Renewable Energy in Sweden

Image From Swedish Energy Agency

A rich supply of water and biomass has contributed a lot to the production of renewable energy in Sweden. No wonder why Hydropower and bioenergy are hailed as top renewable sources in the country.

Not just the sources but the government's energy policies also have had a huge impact in promoting the use of renewable energy in Sweden. Let's take a look at it.

Sweden Renewable Energy Policy

The impact of the Renewable Energy Policy in Sweden is more huge than the production of renewable energy itself. This type of policy should be implemented in all countries to make the world sustainable.

The motive in Swedish energy policy is to obtain all its energy from renewable energy sources in the long term. This policy was introduced in 2003 in the country. Transformation of energy systems and high security of supply were two important reasons to promote such policy in Sweden.

Tax exemptions are the main incentives to support renewable heating in Sweden. Furthermore, the main incentive for renewable energy use in transport is a tax exemption for biofuels.

To know more in detail, check the Renewable Electricity with Green Certificates.

Source | Government Offices of Sweden


Sweden along with Australia are only some of the few countries that are chasing to produce and use 100 Percent of Renewable Energy whilst ditching the use of fossil fuels.

Sweden has already achieved its target of 2020 early in 2012. Looking at their dedication and work, their new target of 100 Percent feels very near. Every other country should take Sweden as an inspiration and move forward with the use and production of renewable energy.

Let's hope Sweden achieves all its targeted heights and contributes to a sustainable environment. Please comment down below if you would like us to cover the renewable energy scenario of any other country. We hope our 15 Top Renewable Energy Companies in Sweden article has been of great information to you. Thank You!

Summary List of Top 15 Renewable Energy Companies in Sweden


Top 15 Renewable Energy Companies in Sweden




Swedish BioFuels




Environment and Bio Solution (EBS)




ED Biogas


Askalon AB








Vasa Vind










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