Sunna Group
Sunna Group develops, owns, and manages utility-scale solar parks and battery energy storage systems in the Nordics, primarily on low-productivity forest or industrial land, serving landowners, capital partners (notably Aneo and Cloudberry), and renewable energy investors.
- Company typePrivate
- Founded2021
- HeadquartersÅre, Sweden
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Sunna Group does
Sunna Group AB is a Swedish renewable energy developer founded in June 2021 and headquartered in Åre, with offices in Stockholm and Gothenburg. The company develops, owns, and manages utility-scale solar photovoltaic parks and battery energy storage systems (BESS) across the Nordic region, with a stated target of 1 GW installed solar capacity by 2030. Its current portfolio totals approximately 900 MWp, of which only ~58.5 MW (Henja, Holma, Skånum) is operational as of mid-2026, with 300 MWp permitted and 100 MWp construction-ready. Sunna differentiates by siting projects on low-productivity or non-agricultural land — forest land, former industrial sites, and fallow parcels — and by pioneering fence-free solar park design and vertically mounted bifacial panels optimized for Arctic/snowy conditions, including its award-winning Lilla Norrskenet pilot facility.
The company serves a two-sided market. On the land side, Sunna enters 30–35 year land leases with landowners including Sweden's largest forest owners Sveaskog and Bergvik Skog Öst, paying recurring rental income for otherwise underutilized parcels. On the capital side, it partners with strategic investors — primarily Norwegian renewable energy group Aneo (owned by TrønderEnergi and HitecVision) and Cloudberry Clean Energy ASA for BESS — to co-invest in and own projects through long-term arrangements. Sunna also generates one-time revenue by developing and selling projects at construction-ready stage (e.g., Knutmasso, Synfältet, Silverbjälken), and launched a recurring Asset Management service in December 2025 covering operational monitoring, technical/commercial management, and reporting for external owners.
Go-to-market is relationship-driven B2B: direct outreach to landowners for site origination, negotiated co-investment structures with capital partners, and project-by-project permitting and grid connection work. Distribution relies on industry presence (SxSW, Almedalsveckan), regional business development partners (e.g., Luleå Business Region), and a multi-language website. Sunna's underlying technology includes the proprietary Grid and Land Analysis Platform for site screening, vertically mounted bifacial PV for high-latitude conditions, biodiversity-integrated park design, and a vertically integrated model spanning project development, construction management, ownership, and asset management.
Sunna Group firmographics
Firmographics- Name
- Sunna Group
- Legal name
- Sunna Group AB
- Website
- https://sunnagroup.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Sunna Group develops, owns, and manages utility-scale solar parks and battery energy storage systems in the Nordics, primarily on low-productivity forest or industrial land, serving landowners, capital partners (notably Aneo and Cloudberry), and renewable energy investors.
- Ownership category
- akta.pro rank
Sunna Group industry classification
Industry- Product category
- Utility-Scale Solar Power Development
- NAICS
- Solar Electric Power Generation (221114)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Operations, Maintenance & Asset Management (O&M, Vegetation, Spares, SCADA) (EUACAGAH)
- akta.pro secondary industries
- Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA), BESS Operations, Maintenance & Asset Performance Management (APM) (EUAFAAAG), Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
Keywords
Where Sunna Group is headquartered
LocationHeadquarters
- HQ city
- Åre
- HQ country
- Sweden
- HQ region
- Europe
Offices3 records
Markets served
Sunna Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Land lease / rental income: Sunna enters long-term land lease agreements with landowners (typically 30-35 years). Landowners receive rental income from their low-productivity or fallow land while Sunna develops and operates solar parks.
- Solar electricity generation and sale: Sunna develops, owns, and operates solar parks that generate electricity sold into the Nordic energy grid, often under Power Purchase Agreements (PPAs) or to capital partners/investors.
- Asset Management services: Sunna provides Asset Management services for solar parks including operational monitoring, technical and commercial management, risk management, reporting, and stakeholder coordination. This is offered as a service to external owners/investors.
- Project development and sale: Sunna develops solar and BESS projects from origination through permitting and construction-ready stage, then sells projects to capital partners (e.g., Aneo, Cloudberry). Revenue realized at project sale or transfer.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | No public pricing available |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
Sunna Group product offering
Product offeringCore offering
Sunna Group develops, owns and manages utility-scale solar photovoltaic parks and battery energy storage systems (BESS) in the Nordic region, primarily on low-productivity or underutilized land such as forest areas, fallow farmland, and former industrial sites. The company handles the full project lifecycle from land origination and permitting through construction, long-term ownership, electricity sales, and ongoing Asset Management. It also offers Power Purchase Agreements (PPAs) and a proprietary grid and land analysis platform to support project development.
Product overview
Sunna Group operates as a unified offering combining large-scale solar power development, battery energy storage, and operational services. The core business centers on developing and owning solar PV parks across the Nordic region, with projects ranging from pilot facilities like Lilla Norrskenet to utility-scale installations such as Skånum (30 MW). Supporting services include Asset Management for ongoing operations, PPA solutions for power procurement, and a proprietary Grid/Land Analysis platform for project evaluation. Battery storage (BESS) is integrated into the portfolio both standalone and alongside solar installations.
Differentiator
Problem solved
Functional benefit
Products and services
- Large-Scale Solar Power Development Full-lifecycle development of utility-scale solar photovoltaic parks in the Nordic region, on low-productivity or non-agricultural land such as forest land, fallow farmland, and former industrial sites. Includes site origination, permitting, grid connection negotiation, EPC oversight, and long-term operation. Commissioned projects include Henja Solpark (15.5 MW), Holma Solpark (13 MW) and Skånum Solpark (30 MW).
- Battery Energy Storage Systems (BESS) Development Development of large-scale battery energy storage facilities integrated with solar parks or standalone, supporting renewable energy storage, dispatch, and grid stability in the Nordics. Portfolio includes 430 MW BESS pipeline with completed asset transactions such as the Knutmasso (20 MW, Östhammar) and Silverbjälken (2.5 MW, Härryda) projects.
- Asset Management Services for Solar Parks Comprehensive management services for utility-scale solar parks offered to external owners and investors, including operational monitoring, technical and commercial management, risk management, reporting, and stakeholder coordination. Provided post-commissioning under multi-year contracts.
- Power Purchase Agreements (PPA) Long-term electricity procurement agreements enabling businesses and organizations to access locally produced renewable electricity from Sunna's solar parks to meet sustainability and supply-security goals.
- Henja Solpark (Large-Scale Solar Park) Utility-scale solar PV park on former forest land outside Gislaved, Jönköpings län. Commission's locally produced renewable electricity sold via PPA and grid. Includes integration of biodiversity measures (no fencing). Generates ~15 GWh/year for ~3,000 households.
- Lilla Norrskenet Pilot Facility Solar pilot facility outside Luleå in Norrbottens län using vertically mounted bifacial panels to maximize solar potential in northern/Swedish Arctic conditions. Won the Solar Energy Prize 2024 for most innovative ground-mounted facility.
- Holma Solpark Utility-scale solar park northeast of Falköping in Västra Götalands län, built on low-productivity farmland fallow for over two decades. 13 MW, 16 hectares, approximately 18,800 panels, ~14 GWh annual production equivalent to 2,800 households.
- Skånum Solpark Sunna Group's largest solar park project to date, located southwest of Falköping in Västra Götalands län. 30 MW capacity, 40 hectares, 47,808 panels. Combined with Holma, it forms the 43 MW Falköping solar cluster producing ~46 GWh annually.
Quantifiable outcome
- Henja Solpark generates approximately 15 GWh per year, equivalent to annual household electricity consumption for more than 3,000 homes.
- +4 more outcomes
Companies that use Sunna Group
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
Sunna Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Sunna Group partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- Cloudberry Clean Energy ASAcoreSunna Group and Cloudberry Clean Energy ASA are jointly expanding into large-scale battery energy storage (BESS) through the acquisition of the Knutmasso battery project (20 MW) in Östhammars municipality. The partnership allows both companies to grow their BESS portfolios in the Nordic region.
- SolarworkminorSolarwork performed the construction of Holma Solpark outside Falköping (13 MW, 16 hectares). Described as 'safe and high-quality construction' that enabled the project to be completed on a short timeline.
- Svea SolarminorSvea Solar (one of Europe's fastest growing cleantech companies and Sweden's largest solar energy company) was selected as the construction partner for Sunna's first solar park (Skogsmusen/Henja) outside Gislaved. Svea Solar handled piling work and construction execution for the 15 MW facility.
- SveaskogcoreSweden's largest forest owner (Sveaskog) signed a 180-hectare land lease agreement with Sunna Group for a large-scale solar and battery storage facility of approximately 130 MW in Dalarna County. Natural value inventories will be performed and the park will not be fenced to ensure free wildlife movement. FSC-certified land managed by BillerudKorsnäs.
- Roma Grus ABminorSunna Group and Roma Grus (a family-owned industrial company on Gotland with over 50 years of operations in gravel, rock, asphalt, and concrete) jointly invested in Gotland's largest solar park on former industrial land (old sugar mill site). The 4 MW / 4-hectare solar park supplies Roma Grus and the local community with renewable electricity, with production approximately double Roma Grus' own consumption.
- Bergvik Skog ÖstminorBergvik Skog Öst (one of Sweden's largest forest, land, and water owners with ~360,000 hectares) signed a cooperation agreement with Sunna for large-scale solar power establishment on approximately 100 hectares in Uppsala County with up to 50 MW installed capacity. The land was previously covered with forest that was cleared a few years prior. The project follows FSC requirements for wind power installation applied to solar.
- Falbygdens Energi Nät AB (FENAB)coreGrid owner Falbygdens Energi Nät AB provided a conditional grid connection agreement for the Stensamlaren (Skånum) solar park in Falköping, one of the first such solutions tested for a solar park in Sweden. This enabled the project to reach construction-ready status in record time.
- EnvigominorEnvigo AB (environmental consulting firm) assisted Sunna with permit applications and consultation notifications for multiple projects including the County Administrative Board consultation for Skogsmusen/Henja and Vikingen projects. Provided natural value inventories and environmental assessment support.
- Luleå Business RegionminorLuleå Business Region (municipal business development company) brought together Alviksgården and Sunna Group to establish Norrbotten's largest solar park to date. Provided business development support and facilitated the partnership that led to the Alvik solar park agreement near Luleå.
Scale indicators10 records
Recent moves11 records
Expansion highlights6 records
Sunna Group competitors and assessment
Company assessmentDirect peers
- Svea Solar: One of Sweden's largest solar energy companies, active in residential, commercial and large-scale solar. Direct Nordic solar peer to Sunna; also a construction partner on Sunna's first project (Henja/Skogsmusen), illustrating the overlap in offerings.
- European Energy: Danish developer of utility-scale solar, wind, and Power-to-X across Europe with growing Nordic activity. Direct peer in large-scale solar project development, EPC, and long-term asset ownership.
- Soltech Energy Sweden AB: Swedish solar energy company with residential, commercial and large-scale solar operations. Direct Nordic solar peer with overlapping customer segments (landowners, commercial off-takers).
- OX2 AB: Swedish-origin renewable energy developer with a large Nordic onshore wind, solar and BESS pipeline. Direct peer in Nordic large-scale renewable development and project sale model.
- Cloudberry Clean Energy ASA: Norwegian-listed renewable energy company developing wind, hydro, solar and BESS across the Nordics. Direct peer to Sunna in Nordic BESS/solar development, and an active co-investor and offtake partner (Knutmasso 20 MW BESS deal).
- Arise AB: Swedish renewable energy company developing, building and operating wind and solar assets in the Nordics. Comparable developer-and-owner business model and asset management exposure.
Broad incumbents
- Fortum Oyj: Large Nordic utility with growing solar and battery storage investments alongside its hydro and nuclear portfolio. A broader incumbent that competes for the same capital partner relationships and corporate PPA demand.
- Eolus Vind AB: Swedish renewable energy developer historically focused on onshore wind, increasingly diversifying into solar and battery storage in the Nordics. Comparable project development, permitting, and capital partner business model.
- Aneo: Norwegian renewable energy company (backed by TrønderEnergi and HitecVision) with wind, hydro, solar and e-mobility. Both a strategic capital partner and a broader incumbent in Nordic renewables that also develops and owns renewable assets independently of Sunna.
- TrønderEnergi AS: Norwegian regional energy company and parent of Aneo, active in hydropower, wind, solar, and grid services. Indirectly comparable as a Nordic utility developing and owning renewables, and as the ultimate parent of Sunna's largest capital partner.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Sunna Group social profiles
Digital presenceSunna Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sunna Group leadership team
Management profileNumber of profiles
Profiles14 records
Sunna Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sunna Group 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 Sunna Group
What does Sunna Group do?
Sunna Group develops, owns and manages utility-scale solar photovoltaic parks and battery energy storage systems (BESS) in the Nordic region, primarily on low-productivity or underutilized land such as forest areas, fallow farmland, and former industrial sites. The company handles the full project lifecycle from land origination and permitting through construction, long-term ownership, electricity sales, and ongoing Asset Management. It also offers Power Purchase Agreements (PPAs) and a proprietary grid and land analysis platform to support project development.
Is Sunna Group a public or private company?
Sunna Group is a private company. It is classified as venture growth investor backed and is currently operating.
When was Sunna Group founded?
Sunna Group was founded in 2021. It employs 11 to 50 people.
Where is Sunna Group based?
Sunna Group is headquartered in Åre, Sweden, in the Europe region.
How does Sunna Group make money?
Four revenue lines are on record. Land lease / rental income is the primary driver. The others are solar electricity generation and sale, asset Management services and project development and sale.
Who are Sunna Group's main competitors?
Direct peers on record are Svea Solar, European Energy, Soltech Energy Sweden AB, OX2 AB, Cloudberry Clean Energy ASA and Arise AB. Broad incumbents are Fortum Oyj, Eolus Vind AB, Aneo and TrønderEnergi AS.
Does Sunna Group have an API?
No public API is recorded for Sunna Group.
What industry is Sunna Group in?
Sunna Group's product category is Utility-Scale Solar Power Development. Its primary akta.pro industry code is EUACAGAH, Operations, Maintenance & Asset Management (O&M, Vegetation, Spares, SCADA), with a secondary code of EUAFAAAA, Utility-Scale BESS Project Development & Ownership (IPP/Developer). Its NAICS code is 221114 and its SIC code is 6552.