Svevind Energy Gmbh
Svevind Energy GmbH is a German privately-held renewable energy developer founded in 1993 that plans, develops, and markets large-scale onshore wind, solar, and green hydrogen projects, anchored by Europe's largest onshore wind farm cluster (Markbygden 1101) and the 40 GW Hyrasia One green hydrogen project in Kazakhstan.
- Company typePrivate
- Founded1993
- HeadquartersDresden, Germany
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Svevind Energy Gmbh does
Svevind Energy GmbH is a German privately-held renewable energy project developer founded in 1993 and headquartered in Dresden, with a current headcount of 11-50 employees and offices in Piteå (Sweden), Almaty, and Aqtau (Kazakhstan). The company plans, develops, and markets large-scale onshore wind, utility-scale solar PV, and green hydrogen projects. Its two flagship assets are Markbygden 1101 in northern Sweden — Europe's largest onshore wind farm cluster with up to 3,400 MW planned capacity, approximately 12 TWh annual production, and wind technology adapted for Arctic conditions — and Hyrasia One in the Mangystau region of Kazakhstan, combining up to 40 GW of wind and solar generation with electrolysis to produce approximately 2 million tonnes of green hydrogen annually (convertible to over 10 million tonnes of green ammonia), with first production targeted for 2030 and full scale by the mid-2030s.
The company's revenue model is built around project development and asset sales to utilities and infrastructure funds (including Statkraft, Ellevio, and Prime Capital AG) plus a planned future stream of green hydrogen and ammonia offtake contracts with European, Asian, and Kazakh industrial consumers in steel, aluminum, fertilizers, and cement. Technology differentiation comes from Arctic wind engineering, value-engineered grid and storage design, chiller-free cooling, and integrated desalination for arid-environment electrolysis. Notable proprietary technology features include BESS-enabled grid stabilization with black-start capability, a time-resolved temperature modeling-based cooling system that eliminates energy-intensive chiller units, and a desalination plant designed for Mangystau's arid conditions.
Svevind has executed a deliberate portfolio optimization, divesting its Swedish subsidiary SVEVIND Nordic AB (16 GW pipeline) to Statkraft in October 2023, grid infrastructure Markbygden Net to Ellevio in September 2023, and Finnish Project Sandbacka to Prime Capital AG in October 2022, while concentrating managerial and capital resources on Hyrasia One. The project has secured the first-ever German investment guarantee for a development-stage project, an Investment Agreement with the Government of Kazakhstan, and a partnership ecosystem including Genesis/Technip Energies, ILF, Roland Berger, Fichtner, Deutsche Bahn Engineering and Consulting, and Semurg Invest for Caspian Sea terminal access. The company is also funding the Mangystau School of Sustainable Engineering to train local Kazakh engineering talent.
Svevind Energy Gmbh firmographics
Firmographics- Name
- Svevind Energy Gmbh
- Legal name
- SVEVIND Energy GmbH
- Website
- https://svevind.energy
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Svevind Energy GmbH is a German privately-held renewable energy developer founded in 1993 that plans, develops, and markets large-scale onshore wind, solar, and green hydrogen projects, anchored by Europe's largest onshore wind farm cluster (Markbygden 1101) and the 40 GW Hyrasia One green hydrogen project in Kazakhstan.
- Ownership category
- akta.pro rank
Svevind Energy Gmbh industry classification
Industry- Product category
- Renewable Energy Project Development
- NAICS
- Wind Electric Power Generation (221115), Electric Power Generation (22111)
- akta.pro primary industry
- Wind Farm Development & Permitting (Greenfield/Brownfield) (EUACAFAE)
- akta.pro secondary industries
- Renewable Energy Industrial Facilities Construction (Solar, Wind, Storage) (IMAFADAD), Hybrid Renewable Systems & Co-Optimization R&D (Solar+Wind+Storage, Multi-Resource Plants, Controls) (EUAMAOAI), Renewable Energy Infrastructure (FSAAAKAG)
Keywords
Where Svevind Energy Gmbh is headquartered
LocationHeadquarters
- HQ city
- Dresden
- HQ country
- Germany
- HQ region
- Europe
Offices4 records
Markets served
Svevind Energy Gmbh business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain, Marketing or Sales
Revenue model
- Project Development and Sale: Svevind develops renewable energy projects (wind farms, solar parks) and sells ready-to-build or operational projects to utilities and infrastructure funds. Revenue is realized through asset sales to companies like Statkraft, Ellevio, and Prime Capital AG.
- Green Hydrogen and Ammonia Production: Through the Hyrasia One project, Svevind will produce and sell green hydrogen (approximately 2 million tonnes annually) and green ammonia (over 10 million tonnes) to European, Asian, and domestic Kazakhstan markets.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Svevind Energy Gmbh product offering
Product offeringCore offering
Svevind Energy GmbH is a German renewable energy project developer that plans, develops, and markets gigawatt-scale onshore wind, utility-scale solar, and green hydrogen projects across Europe and Central Asia. The company originates and matures projects from greenfield through ready-to-build or operational stage, then sells the project assets to utilities, infrastructure funds, and energy companies, while also pursuing green hydrogen and ammonia production and offtake for industrial markets.
Product overview
Svevind Energy GmbH is a renewable energy project developer offering large-scale wind, solar, and hydrogen projects. The portfolio includes Markbygden 1101 (Europe's largest onshore wind farm cluster with 3,400 MW capacity), Hyrasia One (world's largest green hydrogen project combining 40 GW wind/solar with electrolysis to produce 2 million tonnes green hydrogen annually), Project Sandbacka (sold Finnish wind farm), and Markbygden Net (grid infrastructure, now sold to Ellevio).
Differentiator
Problem solved
Functional benefit
Brands
- Hyrasia One: One of the world's largest green hydrogen projects, located in the Mangystau region of Kazakhstan, combining up to 40 GW of wind and solar energy with advanced electrolysis technology.
Products and services
- Hyrasia One One of the world's largest green hydrogen projects, located in the Mangystau region of Kazakhstan. Combines up to 40 GW of wind and solar capacity with advanced electrolysis to produce approximately 2 million tonnes of green hydrogen annually (convertible to over 10 million tonnes of green ammonia) for European, Asian, and Kazakh industrial offtakers.
- Markbygden 1101 Giga-scale onshore wind energy project near Piteå in northern Sweden, with planned capacity up to 3,400 MW and annual production of approximately 12 TWh, contributing around 7% of Sweden's total electricity supply. Spans over 450 km² and uses wind technology adapted to Arctic conditions.
Quantifiable outcome
- ~7% of Sweden's total electricity supply from Markbygden 1101
- +4 more outcomes
Companies that use Svevind Energy Gmbh
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
Svevind Energy Gmbh technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Svevind Energy Gmbh partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered flagship, core and minor.
- Technip Energies (Genesis)flagshipPre-FEED engineering partnership with Genesis (wholly owned by Technip Energies) for Hyrasia One project. Genesis provides high-value advisory services for the 40 GW renewable hydrogen project, including technical planning for wind/solar parks and industrial hydrogen/ammonia facilities. Pre-FEED completed early 2024.
- ILF Consulting EngineerscoreConcept design study for Hyrasia One completed in summer 2022 in cooperation with ILF Consulting Engineers.
- Roland Berger Management ConsultantscoreConcept design study for Hyrasia One completed in summer 2022 in cooperation with Roland Berger.
- FichtnercoreEnvironmental and Social Impact Assessments (ESIA) for Hyrasia One. Fichtner, headquartered in Stuttgart, Germany, is conducting the largest ESIA ever planned in Kazakhstan.
- Deutsche Bahn Engineering and ConsultingcoreCompleted transportation and logistics study in December examining transport routes and multimodal transport feasibility of green ammonia from Mangystau region to Europe and Southeast Asia.
- Semurg InvestcoreCooperation agreement signed for use of the largest terminal facility at the port of Kuryk on the Caspian Sea for exporting green ammonia.
- Government of KazakhstanflagshipInvestment Agreement with Kazakh government signed October 2022. Government backing including land access, permits, and support for Hyrasia One project. Project has received German investment guarantee as first ever for such a project.
- EnerconminorGerman wind turbine manufacturer was minority owner of Markbygden Net AB alongside Svevind AB. Previously collaborated on Markbygden 1101 wind farm cluster development.
Scale indicators9 records
Recent moves9 records
Expansion highlights6 records
Svevind Energy Gmbh competitors and assessment
Company assessmentBroad incumbents
- Ørsted: Global leader in offshore wind and increasingly onshore renewables plus green hydrogen (e.g., Project Star in Denmark). Ørsted's renewable project development pipeline and hydrogen ambitions overlap with Svevind's strategic positioning.
- ACWA Power: Saudi developer and operator of large-scale renewable and green hydrogen projects, including the NEOM Green Hydrogen joint venture. ACWA Power's project development scale and hydrogen ambition are directly comparable to Svevind's Hyrasia One.
- Iberdrola: Major European utility with significant onshore and offshore wind development plus green hydrogen pilot projects. Iberdrola competes in the same European utility-scale renewable project development space as Svevind's historical Swedish operations.
- EDF Renewables: Subsidiary of Électricité de France developing utility-scale wind, solar, and emerging green hydrogen projects globally. Comparable as a European-headquartered renewable project developer with diversification across technologies.
- RWE: German-headquartered utility with major renewable energy and green hydrogen ambitions, including offshore wind and electrolysis projects. RWE is a comparable European renewable developer with green hydrogen exposure.
- Masdar: Abu Dhabi-based state-owned renewable energy developer with major green hydrogen ambitions and gigawatt-scale wind/solar portfolios. Comparable in combining utility-scale renewables with hydrogen, though operating from a much larger capital base and Middle East geography.
Direct peers
- CWP Global: Developer of gigawatt-scale green hydrogen and ammonia projects across multiple geographies, including Africa, Australia, and the Middle East. CWP Global is pursuing a comparable gigawatt-scale project development and offtake strategy to Svevind's Hyrasia One.
- NEOM Green Hydrogen Company: Joint venture between ACWA Power, Air Products, and NEOM building one of the world's largest green hydrogen plants in Saudi Arabia. Directly comparable in gigawatt-scale green H2 ambition, offtake model, and target first-production timing similar to Hyrasia One.
- Fortescue Future Industries: Australian-headquartered green hydrogen and ammonia developer pursuing gigawatt-scale projects in Australia, Brazil, Kenya, and Egypt. Highly comparable in pursuing large-scale green H2 project development with global geographic diversification.
Emerging players
- Copenhagen Infrastructure Partners (CIP): Danish fund manager developing large-scale renewable energy and Power-to-X (green hydrogen, e-fuels) projects globally through dedicated funds. CIP's project development vehicle competes with Svevind for green hydrogen project development mandates and offtake contracts.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Svevind Energy Gmbh social profiles
Digital presenceSvevind Energy Gmbh financial estimates
Financial estimateRevenue estimate
Valuation estimate
Svevind Energy Gmbh leadership team
Management profileNumber of profiles
Profiles3 records
Svevind Energy Gmbh subsidiaries and ownership
Company hierarchySubsidiaries3 records
Svevind Energy Gmbh funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Svevind Energy Gmbh M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Svevind Energy Gmbh
What does Svevind Energy Gmbh do?
Svevind Energy GmbH is a German renewable energy project developer that plans, develops, and markets gigawatt-scale onshore wind, utility-scale solar, and green hydrogen projects across Europe and Central Asia. The company originates and matures projects from greenfield through ready-to-build or operational stage, then sells the project assets to utilities, infrastructure funds, and energy companies, while also pursuing green hydrogen and ammonia production and offtake for industrial markets.
Is Svevind Energy Gmbh a public or private company?
Svevind Energy Gmbh is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Svevind Energy Gmbh founded?
Svevind Energy Gmbh was founded in 1993. It employs 1 to 10 people.
Where is Svevind Energy Gmbh based?
Svevind Energy Gmbh is headquartered in Dresden, Germany, in the Europe region.
How does Svevind Energy Gmbh make money?
Two revenue lines are on record. Project Development and Sale is the primary driver. The others are green Hydrogen and Ammonia Production.
Who are Svevind Energy Gmbh's main competitors?
Broad incumbents on record are Ørsted, ACWA Power, Iberdrola, EDF Renewables, RWE and Masdar. Direct peers are CWP Global, NEOM Green Hydrogen Company and Fortescue Future Industries. Copenhagen Infrastructure Partners (CIP) is listed as an emerging player.
Does Svevind Energy Gmbh have an API?
No public API is recorded for Svevind Energy Gmbh.
What industry is Svevind Energy Gmbh in?
Svevind Energy Gmbh's product category is Renewable Energy Project Development. Its primary akta.pro industry code is EUACAFAE, Wind Farm Development & Permitting (Greenfield/Brownfield), with a secondary code of IMAFADAD, Renewable Energy Industrial Facilities Construction (Solar, Wind, Storage). Its NAICS code is 221115.