What BeGreen - Sverige does

BeGreen develops, owns, and operates utility-scale solar parks and battery energy storage systems (BESS) in Scandinavia, with operations spanning Sweden, Denmark, and Poland. The company was founded in Denmark in 2017 as part of the Bregentved Group, established Swedish operations in 2022, and became a wholly owned subsidiary of Equinor in November 2022 (regulatory completion early 2023). BeGreen Sweden AB, headquartered in Gothenburg, is the Swedish operating entity within the BeGreen A/S group, which collectively employs more than 100 people across offices in Gothenburg and Copenhagen.

The company's core technology stack centers on large-scale ground-mounted solar parks using bifacial solar panels, anchored foundations designed to Eurocode standards (1.5-3 meter depth, wind/snow/earthquake tolerance), and co-located LFP lithium-ion battery storage for grid flexibility. Its flagship project, the Ingerslev Å Solar Park in Norddjurs Municipality, Denmark, has a 65.4 MWp capacity with 107,562 bifacial modules and expected annual production of 68 GWh, supplying approximately 19,906 households. BeGreen is also developing wind projects, though these remain in earlier-stage development.

BeGreen's revenue model is two-sided: (1) wholesale electricity sales to national grids (e.g., the Danish power grid, Norddjurs Municipality Electricity Grid) once parks are operational, and (2) land lease income from landowners on the supply side, structured as fixed per-hectare (index-regulated), variable (% of park turnover), or hybrid (variable with guaranteed minimum) annual contracts. The company maintains direct enterprise field-sales engagement with landowners, conducting site analyses, managing permits, construction, and long-term operations itself rather than relying on EPC intermediaries. In February 2025, BeGreen refreshed its executive team with new CEO Wojciech Cetnarski (formerly CEO of Polish renewables firm Wento) and CFO Lars Troen Sørensen (ex-Equinor IR head, ex-CFO of Danske Commodities), and spun off legacy operations/management contracts into Unity Power A/S.

Name

BeGreen - Sverige

Legal name

BeGreen Sweden AB

Website

https://begreen.se

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

BeGreen develops, owns, and operates large-scale solar parks and battery energy storage systems in Scandinavia, leasing land from farmers and forest owners and selling electricity to national grids. It is a wholly owned subsidiary of Equinor operating in Sweden, Denmark, and Poland.

Ownership category

akta.pro rank

Product category

Renewable Energy Development

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111), Wind Electric Power Generation (221115)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA)

akta.pro secondary industries

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Energy Storage & Microgrid Electrical Infrastructure (BESS, Controls) (IMAFAHAE), BESS EPC, Integration & Commissioning (EUAFAAAB)

Keywords

• Large-scale solar parks
• Battery energy storage
• Renewable energy development
• Wind energy projects
• Land lease agreements

Headquarters

HQ city

Gothenburg

HQ country

Sweden

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Renewable Energy Production and Sale: BeGreen develops, owns, and operates large-scale solar parks and wind projects, selling electricity directly to the power grid. Revenue comes from electricity production and sale to energy markets.
2. Land Lease Agreements: Revenue from landowners who lease land for solar parks. Three models: fixed price per hectare annually (index-regulated), variable payment as percentage of solar park revenue, or hybrid combining fixed minimum with variable component.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

BeGreen develops, owns, and operates large-scale solar parks as its foundation business, complemented by battery energy storage systems (BESS) using LFP lithium-ion technology and wind projects under development. The company secures land through 30-40 year lease agreements with landowners and delivers renewable electricity to power grids across Scandinavia.

Product overview

BeGreen is a renewable energy company that develops, owns, and operates large-scale solar parks, battery storage systems (BESS), and wind projects. The company's core offering consists of solar energy parks as the foundation, complemented by battery energy storage solutions for grid balancing and wind projects under development. Their flagship project is the Ingerslev Å Solar Park in Denmark. BeGreen operates as a wholly owned subsidiary of Equinor and focuses on the Scandinavian market.

Differentiator

Problem solved

Functional benefit

Products and services

• Large-Scale Solar Parks BeGreen develops, owns, and operates large-scale solar parks using bifacial solar modules oriented southward at optimal tilt to maximize year-round light capture. The parks deliver renewable electricity to the power grid and supply households and businesses across Scandinavia.
• Battery Energy Storage Systems (BESS) Battery parks using LFP (Lithium Iron Phosphate) lithium-ion battery technology that store surplus electricity and release it when needed. Includes safety systems, DC-to-AC power conversion, and grid integration through medium-voltage stations. Provides grid flexibility and stability services.
• Wind Projects Wind energy development projects currently under development as part of BeGreen's renewable energy portfolio, expanding the company's mix of clean energy production beyond solar and battery storage.
• Ingerslev Å Solar Park A flagship operational solar park in Norddjurs Municipality, Denmark with 65.4 MWp capacity and 68 GWh expected annual production. Features 107,562 bifacial solar modules across 68 hectares, supplies renewable electricity to approximately 19,906 households, and includes biodiversity initiatives such as a 3.85 km planting belt.

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Arise: Swedish renewable energy company focused on onshore wind development with growing solar exposure in the Nordics. Comparable peer in geography and utility-scale developer profile.
• European Energy: Danish-headquartered utility-scale renewable energy developer building solar, wind, and Power-to-X projects across Europe. Closest like-for-like peer: similar size, Nordic origin, integrated solar+BESS+wind portfolio, and direct developer/owner model.
• RES (Renewable Energy Systems): Global developer, owner, and operator of utility-scale wind, solar, and storage projects with strong European presence. Comparable in integrated solar+BESS+wind developer-owner model and project finance sophistication.
• Eolus Vind: Swedish developer and owner of onshore wind and solar projects across the Nordics, US, and Baltics. Comparable as a Nordic utility-scale renewable developer with solar+BESS expansion.
• OX2: Stockholm-based renewable energy developer of utility-scale onshore wind, solar, and battery storage across the Nordics and Europe. Direct peer given Nordic operating footprint, solar+BESS+wind scope, and developer-to-IPP business model.
• Sonnedix: Global solar independent power producer (IPP) operating utility-scale PV plants across Europe including the Nordics. Direct peer in pure-play solar IPP ownership model and long-term asset operation.

Broad incumbents

• Ørsted: Danish-headquartered global leader in offshore wind with growing onshore renewables (solar, BESS, Power-to-X) portfolio. Broad incumbent with overlapping Nordic presence and developer-of-scale model.
• Equinor: Parent company and Norwegian-majority-owned international energy company with significant offshore wind, solar, and hydrogen ambitions. Broad incumbent in the same renewable development space but operating at vastly larger scale and with a fossil legacy portfolio.
• Vattenfall: Swedish state-owned utility with substantial Nordic onshore wind, solar, and battery storage development. Broad incumbent that overlaps in geography and technology mix but operates across the full energy value chain.
• EDP Renováveis: One of the world's largest renewable energy developers with operations across Europe, North America, and South America in wind, solar, and storage. Broad incumbent comparable in technology mix and IPP ownership model, though with much larger global footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/begreen-sverige

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

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 BeGreen - Sverige