Sunsurf Solar

What Sunsurf Solar does

Sunsurf Solar AB is a Swedish developer of floating and pile-free solar systems, founded in Gothenburg in 2020 and operating with 9 employees. The company builds three patented product systems — PowerModule™ (floating solar on water surfaces using HDPE pontoons and bifacial panels with more than 1 metre of clearance above the water), PeatModule™ (pile-free solar resting on HDPE pontoons for peatland, bogs, marshes, and landfill), and FlexibleMooringSystem™ (shore-based anchoring that tolerates water-level variation exceeding 6 metres without disturbing bottom sediments or protective liners). All three systems are engineered to Eurocode and DNV-GL classification standards for Nordic climate conditions including snow loads, ice formation, and freeze-thaw cycles, and use ISO-certified aluminium (Nordic-sourced), coated steel, and recycled HDPE with a stated 40-year structural service life.

Sunsurf serves enterprise and industrial customers in Sweden whose sites have underutilized water surfaces or sensitive ground — primarily waste management and environmental services companies operating leachate ponds, agricultural operations with irrigation reservoirs, horticulture nurseries, and owners of degraded peatland and closed landfills. Named customers include Miljöhantering i Jönköping (116.1 kWp municipal leachate pond), Norra Åsbo Renhållnings AB / Nårab (100 kWp at Hyllstofta), Tångagård in Falkenberg (100 kWp), Såve Plantskola, Kättilstorp (Sweden's first peat-adapted installation), and the 2026-commissioning Alböke Gård and Sallmunds Gård projects. Across seven operational installations, the company has deployed 186 PowerModule units totalling 433 kWp of combined installed capacity. The company has won Stora Ingenjörspriset 2025 (IVA / Ny Teknik), been an E-Prize 2025 finalist, and received Solenergipriset 2024 from Svensk Solenergi.

The business model is a Power Purchase Agreement (PPA) marketed as 'El som tjänst' (Power as a Service). Sunsurf Solar builds, finances, owns, installs, and operates the solar installation on the customer's site through its wholly-owned sister company Sunsurf Solar Energy AB; the customer pays a fixed per-kWh price for electricity consumed over a 10–25 year contract with zero upfront capital expenditure. Sunsurf handles permitting, engineering, installation, and ongoing operations. Distribution is exclusively direct enterprise sales — no resellers or channel partners — with customer acquisition driven by the company website, organic search, earned media from awards, and structured B2B field sales across a Swedish-only geographic footprint limited to six counties as of April 2026. No formal venture capital or external equity funding has been disclosed.

Name

Sunsurf Solar

Legal name

Sunsurf Solar AB

Website

https://sunsurf.se

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Sunsurf Solar AB is a Swedish developer of patented floating and pile-free solar systems — PowerModule, PeatModule, and FlexibleMooringSystem — that generate electricity on water surfaces, peatland, and landfill without consuming productive land. The company sells Power Purchase Agreements (El som tjänst) to Swedish waste management, agricultural, and horticultural enterprises.

Ownership category

akta.pro rank

Product category

Floating Solar Energy Systems

NAICS

Solar Electric Power Generation (221114)

akta.pro primary industry

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

akta.pro secondary industry

Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ)

Keywords

• Floating solar systems
• Pile-free solar mounting
• Power purchase agreement
• Solar on water surfaces
• Peatland solar installation

Headquarters

HQ city

Gothenburg

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Power Purchase Agreement (PPA) — El som tjänst: Sunsurf Solar's primary revenue model is a Power Purchase Agreement (PPA), also marketed as 'El som tjänst' (Power as a Service). Under this model, Sunsurf Solar (or its sister company Sunsurf Energy) builds, finances, owns, installs, and maintains the solar installation on the customer's site. The customer pays only for the electricity consumed, at a fixed per-kWh price over a contracted term of 10–25 years. The customer incurs zero upfront capital investment. Sunsurf Solar handles the full permitting process, site analysis, engineering, installation, commissioning, and ongoing operations and maintenance. This is a long-term recurring revenue stream with annuity-like cash flows for the duration of each PPA contract. Electricity purchased through a PPA is typically booked as an operating expense by the customer.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Sunsurf Solar develops and sells patented floating and pile-free solar power systems (PowerModule™, PeatModule™, FlexibleMooringSystem™) for installation on water surfaces, peatland, bogs, and landfills where conventional solar cannot be deployed. The company delivers these systems primarily through a Power Purchase Agreement ("El som tjänst" / Power as a Service) operated by its sister company Sunsurf Solar Energy AB, with contract terms of 10–25 years and zero upfront capital required from the customer.

Product overview

Sunsurf Solar develops three patented systems for renewable energy on surfaces where conventional solar cannot go. PowerModule™ is a floating solar system for water surfaces — lakes, ponds, and reservoirs — using HDPE pontoons and bifacial panels to capture reflected light, delivering up to 15% higher output than ground-mounted systems. PeatModule™ is a pile-free solar system for peatland, bogs, and landfills that rests on pontoons without driving piles, protecting carbon sinks. Both systems are anchored and managed via FlexibleMooringSystem™, which accommodates water-level changes of over 6 metres without disturbing sediments or protective liners. All three systems are dimensioned to Eurocode and DNV-GL standards for Nordic climates, using aluminium, coated steel, and HDPE pontoons for a 40-year structural service life. Customers can access these systems through a Power Purchase Agreement (PPA / El som tjänst) offered via sister company Sunsurf Energy, where Sunsurf Solar handles financing, installation, permitting, and ongoing operations and maintenance.

Differentiator

Problem solved

Functional benefit

Brands

• Sunsurf Solar Energy: Sister company of Sunsurf Solar that delivers 'Power as a Service' (El som tjänst / PPA) to Sunsurf Solar customers. Sunsurf Solar Energy AB handles the financial and contractual delivery of solar power purchase agreements.

Products and services

• PowerModule™ Patented floating solar system for leachate ponds, irrigation reservoirs, and industrial water surfaces. Floats on HDPE pontoons with more than 1 metre clearance above the water, enabling natural air cooling and bifacial reflection to deliver up to 15% higher energy output than equivalent ground-mounted monocrystalline panels. Anchored to shore via FlexibleMooringSystem™ without disturbing pond floors or protective liners.
• PeatModule™ Patented pile-free solar system for peatland, bogs, marshes, landfills, and wetlands. Rests on HDPE pontoons placed directly on the ground surface without pile driving or excavation, protecting sensitive carbon sinks. Engineered for east–west panel orientation to produce an even daily output curve and designed for environments where conventional pile driving is not feasible.
• FlexibleMooringSystem™ Patented anchoring system that moors floating solar installations to shore and accommodates water-level variations exceeding 6 metres without disturbing bottom sediments or protective pond liners. Works with both PowerModule™ and PeatModule™ systems.
• PPA (Power Purchase Agreement) / El som tjänst (Power as a Service) Long-term electricity contract delivered via sister company Sunsurf Solar Energy AB. Sunsurf Solar builds, finances, owns, installs, and maintains the solar installation on the customer's site; the customer pays only for electricity consumed at a fixed per-kWh price for a 10–25 year contract term with zero upfront capital. Sunsurf Solar handles permitting, installation, monitoring, and ongoing operations and maintenance.

Quantifiable outcome

• Up to 15% higher energy output per kWp compared with conventional ground-mounted solar panels at 25°C, through natural water cooling and bifacial reflection.
• +5 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Sunlit Sea: Netherlands-based floating solar developer focused on FPV on inland water bodies. Comparable to Sunsurf as a specialist FPV player with similar target surfaces (reservoirs, water bodies), though at a smaller commercial scale.

Direct peers

• Isigenere: Spanish FPV engineering and EPC specialist focused on irrigation and hydropower reservoirs. Directly comparable to Sunsurf's PowerModule floating systems with similar emphasis on agricultural water surfaces and floating pontoon architecture.
• Ciel & Terre International: French pioneer of floating photovoltaic systems with the Hydrelio platform, widely regarded as the global benchmark for large-scale FPV on water reservoirs. Directly comparable to Sunsurf's PowerModule as both deploy engineered floating pontoon systems on utility-scale water bodies.
• Ocean Sun: Norwegian floating solar developer applying marine engineering to FPV systems on hydro reservoirs and aquaculture sites. Closest Nordic peer to Sunsurf in terms of combining offshore-grade engineering with floating PV and a development-led business model.

Others

• Svensk Solenergi member installers: Swedish Solar Energy Association network of domestic solar installers and developers. Sunsurf is a member and was awarded Solenergipriset 2024 by this association, making member installers adjacent ecosystem participants rather than direct competitors.

Broad incumbents

• Scatec ASA: Norwegian-listed renewable energy developer with solar, wind and storage projects across emerging markets. Comparable to Sunsurf as a Nordic-headquartered developer pursuing PPA structures, though Scatec operates at vastly larger scale and broader geography.
• Trina Solar: Leading global solar PV module manufacturer and downstream project developer. Comparable supply-side adjacency to Sunsurf as a PV ecosystem participant, but Trina is a mainstream module manufacturer and utility-scale developer rather than a floating-PV specialist.
• Vattenfall AB: Swedish state-owned utility developing large-scale solar and wind in Sweden and the Nordics. Comparable as a Sweden-based renewable energy developer with PPA structures, but operates at utility-scale and across many technologies versus Sunsurf's floating-PV niche.
• BayWa r.e. (Solar Energy Systems): Global renewable energy developer and EPC that has delivered multiple floating PV projects across Europe. Comparable as a broader solar EPC and project developer with overlapping FPV capabilities, but operates at much larger scale across many technologies.
• Ellevio AB: Sweden's second-largest electricity distribution company and a partner in the Startup 4 Climate challenge. Comparable as a Swedish energy sector stakeholder focused on the energy transition, but operates as a grid and distribution player rather than a project developer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/sunsurfsolar
• Facebookfacebook.com/sunsurfsolar
• LinkedInlinkedin.com/company/sunsurf-solar

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

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 Sunsurf Solar