Eco Energy World’s business is to develop solar power plants and to operate as an Independent Power Producer (“IPP”).
Revenues are generated through the sale of solar project developments, and through IPP operations from the sale of electricity generated by the solar power plants.
Unique business model focused on the non-subsidized solar market with 380 GW potential up to 2030 in markets selected by EEW.
EEW has been operating for 10 years and have developed 1,200 MW of solar PV projects across Europe and Asia-Pacific.
EEW plans to develop a further 2 GW for sale and 400 MW for own construction and IPP operations up to 2023
“ Solar PV 30% of new power capacity installations worldwide = 2,000 GW up to 2040 = € 2 trillion Market”
EEW was founded by Mr. Svante Kumlin, who has + 35 years of extensive global entrepreneurial experience in forming and investing into environmental and hi-tech companies. He has been involved in trading of commodities, retail, technology, property, mining, and aviation. He has also been involved in investments, private equity and venture capital, and was the co-founder of Monaco Venture Capital and Private Equity Association.
Svante first got involved in the solar PV industry when he invested into a solar project development company in 2007. He has since been involved in various businesses in the sector, from project development to panel manufacturing and construction. He founded the PV module brand Eco Supplies, which operated one of the first solar PV module manufacturing facility in Europe, founded in 1993. In addition, EEW was established as the consequence of a consolidation of all Mr Kumlin’s interests in the solar sector.