Sweden's largest solar park actor unveils new name and ambitious plans

"We chose the name Primora, referring to the sun as the primary source of energy for our planet, says Pieter Godderis", CEO of Primora.

Under Svea Solar’s umbrella, the company has realized over 60 solar parks in Sweden, more than any other solar park actor. Primora is currently finalizing construction of Sweden's largest solar park to date, a 117 MW park outside Nyköping. Primora’s ambition is to reach a combined annual electricity production of around 2 TWh by the early 2030s – which compares to roughly half the annual output of one of the Barsebäck nuclear reactors before they were shut down.

"Today we have 220 MW in operation or under construction. This makes us the single largest solar park owner and operator in Sweden. Solar is the fastest-growing energy source in Sweden, and we expect this to remain so for years to come", says Pieter Godderis.

Primora’s majority owner is Altor, one of Sweden’s leading private equity firms. Other significant owners include CarVal Investors, a US-based global investment manager.

"What sets Primora apart is that we are homegrown and local. We thoroughly understand the Swedish solar market, we are nimble and agile, enabling us to respond rapidly to trends and innovation; on top, we are backed by some of the largest and most established investors within renewable energy in Europe", adds Pieter Godderis.

Primora offers long-term electricity agreements, so-called PPAs, to companies that want to future-proof their energy costs andhelp accelerate the energy transition. Over one third of all solar park PPAs signed in Sweden to date have been signed with Primora.