Nordic Solar Sweden AB

What Nordic Solar Sweden AB does

Nordic Solar Sweden AB is a Karlstad-headquartered solar energy installer founded in 2009, operating primarily across Mellansverige (Central Sweden). The company designs, supplies, and installs photovoltaic systems — including solar panels, inverters (SMA, SolarEdge), battery storage (BYD, Emaldo, Pixii), EV chargers, and ground/roof mounting hardware — for four customer segments: residential homeowners (villor), commercial enterprises, agricultural operations, and utility-scale solar parks. It also offers backup power, electricity resale services, and a grid support services product (stödtjänster) that lets battery owners earn recurring income through a partnership with CheckWatt's virtual power plant for frequency regulation. The company runs a hybrid sales motion combining consultative field sales for commercial and solar park projects with direct-to-consumer residential packages, supported by dedicated segment sales staff (villa, enterprise, agriculture, construction). Nordic Solar holds a proprietary ground mounting system designed for landfill/deponi sites, exemplified by the 2.56 MW Rottneros Bruk solar park (2024) and the 3 MW Hammarö Solpark under construction.

The business model is anchored on one-time installation revenue (project CAPEX ranging from residential ~hundreds of thousands of SEK packages to multi-million SEK utility parks), supplemented by recurring service agreements covering remote monitoring, maintenance, thermography, and extended warranties. The firm is registered with Elsäkerhetsverket, certified by Svensk Solenergi, and operates with directly employed staff under collective agreements — a structural choice that supports quality control but constrains scaling speed relative to subcontractor-based competitors. It has been recognised five times as a DI Gasell company (2015, 2016, 2019, 2020, 2024) and holds the highest credit rating from UC AB. Channel partnerships with major Swedish construction contractors (NCC, Skanska, Peab, Byggdialog, Consto) embed Nordic Solar into new-build project pipelines, while Karlstads Energi provides investment capital for selected solar park installations under long-term PPAs.

Name

Nordic Solar Sweden AB

Legal name

Nordic Solar Sweden AB

Website

https://nordicsolar.se

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Nordic Solar Sweden AB is a Karlstad-based solar PV installer founded in 2009 that sells, designs, and commissions solar panel, battery, inverter, and EV charger systems for residential homeowners, businesses, agricultural operations, housing cooperatives, and utility-scale solar parks across Central Sweden, supplemented by maintenance service contracts.

Ownership category

akta.pro rank

Product category

Solar Energy Installation Services

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111)

SIC

Electric Services (4911), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

akta.pro secondary industries

Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ), Solar Mounting, Racking & Trackers (Fixed-Tilt, Single/Dual-Axis, Rooftop Mounts) (EUAMABAF), Renewable Energy Industrial Facilities Construction (Solar, Wind, Storage) (IMAFADAD)

Keywords

• Solar panel installation
• Battery energy storage
• Photovoltaic systems
• EV charging solutions
• Solar park construction

Headquarters

HQ city

Karlstad

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Solar panel installation sales: One-time installation revenue from solar panel systems for residential villas, commercial properties, agricultural operations, housing cooperatives (BRF), and utility-scale solar parks. Revenue varies significantly by project scale.
2. Battery storage installation: One-time installation of battery energy storage systems, including smart batteries with AI optimization, backup power capabilities, and grid services integration.
3. Service agreements and maintenance: Ongoing service contracts covering remote monitoring, on-site maintenance, production reports, extended warranties, technical troubleshooting, and thermography for installed solar and battery systems.
4. EV charging station installation: Installation of electric vehicle chargers integrated with solar and battery systems for residential and commercial customers.
5. Stödtjänster (Grid support services) facilitation: Facilitating battery owners' participation in frequency regulation markets through virtual power plant partnerships, generating passive income for customers.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Nordic Solar Sweden AB designs, sells, and installs solar photovoltaic (PV) systems, battery energy storage solutions, EV charging stations, and utility-scale solar parks for residential villas, housing cooperatives (BRF), commercial enterprises, agricultural operations, and construction projects across Central Sweden. The company delivers turnkey projects from consultation and engineering through installation, grid integration, and long-term service agreements, and facilitates customer participation in frequency regulation markets via virtual power plant partnerships.

Product overview

Nordic Solar Sweden AB offers comprehensive solar energy solutions as a full-service provider, specializing in installations for villas, properties, agricultural operations, housing associations (BRF), construction contractors, and solar parks. The product portfolio centers on solar cell packages (Solcellspaket) for residential installations, complemented by battery storage solutions (Solcellsbatteri) including AI-optimized systems like Emaldo Power Store. The company provides a complete ecosystem including SMA and SolarEdge inverters, mounting systems (Takfästen, Markstativ), EV chargers (Elbilsladdare), and the Nordic Solar monitoring app. For commercial customers, offerings include business energy storage, backup power systems (Reservkraft), and large-scale solar parks. Additional services include grid support services (Stödtjänster) enabling battery owners to participate in frequency markets, electricity sales services, and long-term service agreements.

Differentiator

Problem solved

Functional benefit

Products and services

• Solcellspaket (Solar Cell Packages for Villa) Complete solar PV package for residential villas including solar panels, inverter, mounting hardware, and installation. Designed for self-consumption optimization with battery integration.
• Solcellsbatteri (Solar Batteries) Battery storage solutions for storing solar energy for later use, enabling energy independence and participation in grid frequency regulation services via virtual power plants.
• Elbilsladdare (EV Chargers) Electric vehicle charging solutions integrated with solar energy systems, enabling charging with self-produced solar electricity for residential and commercial customers.
• Reservkraft (Backup Power) Emergency power systems combining solar, battery, and optionally diesel generators for business continuity during power outages, targeted at commercial and enterprise customers.
• Energilagring Företag (Business Energy Storage) Commercial battery storage solutions for peak shaving, load balancing, backup power, and grid services including SAJ, SMA, and Pixii battery systems. Business battery systems (50kW) start at 500,000 SEK.
• Solparker (Solar Parks)

Quantifiable outcome

• Up to 50% reduction in electricity costs for commercial customers
• +5 more outcomes

Named customers19 records

Segments1 record

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability2 records

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Karlstads EnergicoreStrategic or Co-development PartnerCollaboration on Löfbergs Arena solar installation project. Nordic Solar installed solar panels while Karlstads Energi invested in the system and provides renewable electricity to Färjestad BK under a long-term PPA agreement. Both are local Värmland companies driving sustainable energy transition regionally.
• Färjestad BKminorStrategic or Co-development PartnerHockey club that partnered with Nordic Solar and Karlstads Energi for solar installation at Löfbergs Arena, producing 500,000 kWh/year to power approximately 10% of the arena's electricity needs.
• HSB VärmlandcoreStrategic or Co-development PartnerCollaborated with Nordic Solar and Hagmans Tak on BRF Blixten solar project. HSB Värmland is a housing cooperative organization that facilitated the solar installation for their member housing cooperative.
• Hagmans TakminorImplementation/ SI/ Consulting PartnerRoofing company that collaborated with Nordic Solar on BRF Blixten project, handling roof renovation work while Nordic Solar installed solar panels.
• GranitorcoreImplementation/ SI/ Consulting PartnerElectrical contractor who worked with Nordic Solar on Solar Sverige's 800 kW logistics center project in Kumla. Granitor served as both electrical contractor and project coordinator. Previous successful collaboration led to this project award.
• CheckWattcoreTechnology or IntegrationVirtual power plant aggregator that Nordic Solar partners with to connect customer batteries to frequency regulation markets. CheckWatt manages the technical integration allowing battery owners to earn income by supporting grid stability.
• Svensk SolenergicoreOthersIndustry organization for Swedish solar energy companies. Nordic Solar is a proud member, demonstrating commitment to quality and transparency. Membership requires following organization guidelines and code of conduct.
• SMA Solar TechnologycoreTechnology or IntegrationPrimary inverter supplier for Nordic Solar installations. German manufacturer providing string inverters and commercial storage solutions used across residential and commercial projects.
• Trina SolarcoreTechnology or IntegrationSolar panel supplier providing high-efficiency panels with 25-year power warranty. Used across multiple commercial and residential installations.
• ElsäkerhetsverketcoreOthersSwedish Electrical Safety Board - Nordic Solar is registered with Elsäkerhetsverket as a certified electrical installation company, ensuring compliance with Swedish electrical safety regulations.
• Construction companies (NCC, Skanska, Byggdialog, PEAB, Consto)coreChannel Partner/ Reseller/ DistributorMajor construction firms that partner with Nordic Solar for solar panel installations integrated into new building projects and renovations across Central Sweden.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Svea Solar: Svea Solar is one of Sweden's largest residential and commercial solar PV installers, offering panels, batteries, and EV chargers nationwide. It directly competes with Nordic Solar in the Swedish solar EPC market, including in Central Sweden where Nordic Solar is concentrated.
• Soltech Energy: Soltech Energy is a Swedish solar energy integrator that designs, installs, and finances solar solutions for residential, commercial, and public-sector customers. It competes head-to-head with Nordic Solar across Swedish regions and on similar rooftop and ground-mount projects.
• Otovo: Otovo is a Norway-headquartered subscription-based solar installer operating across several European markets including Sweden. It competes directly with Nordic Solar's residential villa offering but uses an asset-financing/subscription model rather than Nordic Solar's direct sales approach.
• SunRoof: SunRoof is a Nordic-origin solar roof and full-roof solar company that produces integrated solar roofs and operates in Sweden. It overlaps with Nordic Solar in residential and commercial rooftop installations and competes for similar villa and property-owner customers.
• 1Komma5°: 1Komma5° is a fast-growing German-origin climate-tech company expanding across Europe with residential solar, heat pumps, and dynamic electricity tariffs. It has entered the Swedish market and directly competes with Nordic Solar's villa solar + battery + EV charging offering.

Broad incumbents

• E.ON Sverige: E.ON Sverige is a large Swedish energy utility offering electricity retail and increasingly solar PV and battery solutions. As a broad incumbent with a national footprint and balance sheet, it competes with Nordic Solar in the commercial and residential solar segment, but as part of a much wider energy services portfolio.
• Vattenfall: Vattenfall is Sweden's state-owned power company, active in solar generation, heat pumps, and customer energy solutions. It competes for some of the same commercial and public-sector solar projects Nordic Solar delivers, but as a much larger incumbent spanning generation, grid, and retail.

Emerging players

• CheckWatt: CheckWatt is a Swedish virtual power plant and energy services platform that aggregates behind-the-meter batteries for grid services. It is both a technology partner of Nordic Solar (via stödtjänster) and a potential adjacent competitor for energy management and storage monetization services.
• Ferroamp Electronics: Ferroamp is a Swedish-listed cleantech company offering smart energy storage, EV charging, and solar optimization products. It overlaps with Nordic Solar's battery and inverter integration business and addresses similar commercial and multi-tenant customers in Sweden.

Regional players

• Midsummer AB: Midsummer is a Swedish thin-film solar cell and equipment manufacturer. While it operates upstream (panels/equipment) rather than as an installer, it is a Sweden-based solar peer whose customers include some of the same commercial and industrial players Nordic Solar serves.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xfacebook.com/NordicSolarsweden/?locale=sv_SE
• Facebookfacebook.com/NordicSolarsweden/?locale=sv_SE
• LinkedInlinkedin.com/company/nordicsolar/?originalSubdomain=se
• Instagraminstagram.com/nordicsolar

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nordic Solar Sweden AB