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svantekumlin · 1 month
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Green h2 gaining momentum to 25% of world Energy 2050
In a significant development, the EU has earmarked €6.9 billion for carbon-free hydrogen projects, heralding a new era in sustainable energy. Eco Energy World stands at the forefront of this transformative journey, ready to lead the green hydrogen revolution.Despite green hydrogen's modest footprint, making up only 1% of global hydrogen production in 2024, its potential in decarbonizing sectors such as  industry, transportation and construction is unparalleled. Our mission is to fast-track this evolution, scaling up our green hydrogen production in step with an ambitious growth trajectory. With green hydrogen expected to grow at an average annual rate of approximately 35%, the path from a minor player today to covering 25% of the world's energy needs by 2050 is both ambitious and vital.This ambitious journey is buoyed by strong global support, notably from Europe and Australia, which is EEW prime markets placing us in a prime position to spearhead the energy transition.Embark on this exciting journey with us, where your partnership is key to achieving a sustainable and greener future.
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svantekumlin · 2 months
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EEW partners with Grupo COBRA Australia to develop a 200 MWdc Solar Farm plus 50MW BESS
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EEW Eco Energy World (“EEW”), an independent global pure-play renewable energy projects developer, has announced a partnership to develop a 200 MWdc solar PV farm plus 50 MW BESS (battery energy storage system) project with Grupo COBRA, a reputable global industrial and energy services group. The project, located in Queensland, Australia, is set to reach ready-to-build status within 2024.
The solar plus BESS project, once completed, will generate clean and sustainable energy in excess of 400 GWh annually, sufficient to power approximately 72,500 households. This will reduce CO2 emissions by approximately 260,000 metric tons per year, equivalent to permanently taking around 93,000 cars off the road.
"We are pleased to announce the collaboration on this project with Grupo COBRA; we have a long successful presence in Australia, and this is one of the projects out of our multi-GW pipeline in the country, which matures currently" said Svante Kumlin, CEO of EEW. "This project is a testament to our commitment to provide innovative and sustainable energy for Australia; we are proud to be part of the Queensland energy transition since 2015."
"We are excited to be working with EEW on this project," said José Antonio Fernández García, Managing Director - Energy and Industrial Plants COBRA IS. "This partnership is a clear indication of our commitment to accelerating the transition to a low-carbon future."
About Grupo Cobra
The COBRA Group boasts a strong track record in the development and construction of infrastructure and renewable energy projects worldwide. They have initially entered the Australian market with a significant energy transition project that will revolutionise the conventional mode of energy generation and supply in the state of New South Wales. Now, they are expanding their footprint with an investment in Queensland, partnering with EEW to further their presence in the region.
About Eco Energy World
EEW Eco Energy World (“EEW”) was established by entrepreneur Svante Kumlin. It stands as a prominent independent group dedicated to developing renewable energy projects on a global scale. Historically, EEW has concentrated on the development of large scale solar photovoltaic (PV) projects. However, the company has recently expanded its focus to include solar projects coupled with battery energy storage systems (BESS). Moreover, EEW has spun off a new entity, EEW H2, to focus on developing green Hydrogen in Australia and Africa.
Since 2012, EEW has successfully sold 22 solar PV projects totalling approximately 1.4 GW in the UK, Australia, Spain and Sweden. The group now has a global solar project pipeline of approximately 10.1 GW spanning Europe, Australia and America. Headquartered in London, EEW has established assets in key locations such as the UK, Spain, Sweden, Australia, Italy and the US.
For further information, please visit www.eew.solar.
EEW Eco Energy World
Investor Relations – [email protected]
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svantekumlin · 3 months
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Grid Investment Needs to Double, Reaching Up to $600 Billion
Our journey to a sustainable energy future is fundamentally dependent on the modernization of power grids. Despite a surge in renewable energy investments, the progress is hampered by outdated infrastructure, acting as a major bottleneck.In 2024, renewable energy investments are projected to reach $644 billion, with over 3,000 GW of renewable projects waiting for grid connections. However, global investment in grid infrastructure has plateaued at $300 billion annually. To meet the critical target of limiting global warming to 1.8°C, the International Energy Agency (IEA) has estimated that investments in the grid need to double, reaching $600 billion annually by 2030. This substantial increase underlines that the amount we need to invest in upgrading and expanding the grid infrastructure is on par with what is being allocated for renewable energy capacity. Without parallel investments in both areas, the shift to renewable energy could face significant delays, undermining global efforts to combat climate change.EEW and other renewable energy companies are experiencing significant delays in grid connections, which complicates the delivery of renewable energy projects that are crucial for the energy transition. We believe that raising public awareness about the critical importance of grid investments is essential to prompt action from both government and private industry. Upgrading our power grids is not merely an option but a necessity to facilitate the transition to renewable energy and ensure a cleaner, more sustainable future
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svantekumlin · 3 months
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Massive Growth in Global Battery Storage Boosts Renewable Energy Shift Battery Energy Storage Systems (BESS) are at the forefront of the renewable energy transition, essential for grid stabilization and climate action. Europe's ambitious plan to quintuple its BESS capacity from 10GW today to 57GW by 2030 reflects a commitment to renewable integration. Similarly, Australia targets a boost from 2.2 GW to 19 GW to meet emission reductions, emphasizing the role of both pumped hydro and large-scale battery storage. EEW, actively involved in European and Australian markets, champions this growth, contributing significantly to BESS development. This expansion not only supports the global shift towards renewable energy but also underlines the importance of BESS in achieving a sustainable, carbon-neutral future. By storing excess energy for use during low production periods, BESS facilitates a decrease in fossil fuel dependency. EEW's commitment to BESS underpins the broader move towards sustainability, underscoring the technology's transformative potential in the energy sector. With continued investment and innovation, BESS is poised to play a pivotal role in the global energy landscape, ensuring a stable, efficient, and green future.
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svantekumlin · 3 months
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UK's Green Revolution: Leading the Way in Emissions Reduction and Economic Growth
Mr. Kumlin sended me this UK leads major economies by halving emissions since 1990, growing its economy by 79%. Outpaces G7 in clean energy, with renewables now 40% of electricity. Commits to a 68% reduction by 2030, exceeding EU, Japan, USA targets
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svantekumlin · 5 months
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Happy Holidays
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svantekumlin · 7 months
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Global Carbon Pricing: The answer to Global Net Zero
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Carbon emissions are everyone's concern. They don't respect borders or boundaries. If one nation curbs its carbon, yet its neighbour doesn't, we all suffer. The only true solution is one that rewards reducers and penalizes emitters on a global scale. Currently, carbon pricing only tackles 25% of global emissions. This isn't enough. We need a unified approach where emitting carbon hits the wallet, and reducing it benefits it. Imagine the possibilities with global carbon pricing: not only making emissions costly but also funding the urgent shift to green technologies. It’s a self-sustaining mechanism that turns carbon liabilities into green assets. For a net-zero future, given the USD 1.7 trillion annual challenge highlighted by IRENA, broadening carbon pricing isn't just smart—it's a global duty. The planet's health demands a collaborative effort where emitters pay their due, and reducers reap the rewards. 🌏🌱 Skyscrapers Shanghai a hazy polluting day 2017. 
https://www.linkedin.com/in/svantekumlin/
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svantekumlin · 11 months
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Eco Energy World
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svantekumlin · 11 months
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15 years at Іntersolar Munich😊 with Eew team👏🏻
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svantekumlin · 11 months
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Så vill Eco Energy World leda den svenska energiomställningen
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svantekumlin · 1 year
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Svante Kumlin Welcomes New General Counsel to EEW
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https://www.eew.solar/news/svante-kumlin-welcomes-new-general-counsel-to-eew
E.E.W. Eco Energy World Limited (“EEW”), an independent global pure-play renewable energy project developer, announces the appointment of Katja Loncaric, as its General Counsel with immediate effect.
Svante Kumlin, Chief Executive of EEW, said:
“I am delighted to welcome Katja Loncaric to the EEW team, with her extensive legal knowledge and experience, I am confident that she will be a valuable addition to our team and help us achieve our legal objectives. This appointment is a significant addition to the EEW team and represents the company's commitment to developing and strengthening its legal department to better serve its clients.”
Katja brings over a decade of legal experience to EEW, having previously worked at Avonhurst, where she served as a lawyer across finance, public and private corporate, advising clients in relation to structuring, raising capital for and executing complex investment transactions and exits across a wide range of industries including energy, power, commodities, shipping, infrastructure, natural resources and technology.
Qualified in England & Wales and New York, Katja developed her experience in private practice at leading international law firms, including at Norton Rose Fulbright and Clifford Chance, where she regularly advised on complex, large-scale and first-of-kind cross-border project finance transactions in energy and infrastructure, across Europe, the Middle East, Africa, and Latin America. She has acted for sovereigns, developers, global construction consortia, trading companies, and oil & gas majors as well as their financiers, including financial institutions, MLAs and ECAs.
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svantekumlin · 1 year
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EEW sells a 42 MWdc Solar PV Project in Sweden
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svantekumlin · 1 year
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Roundtable discussion with Hon Fiame Naomi Mata'afa, Prime Minister of Samoa
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svantekumlin · 1 year
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Happy New Year!
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Our EEW team wishes you a lot of joy and happiness in 2023. May the upcoming year will be full of new achievements that will bring you a huge success. Happy New Year! 
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svantekumlin · 1 year
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Merry Christmas
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Christmas is the spirit of giving without a thought of getting. It is happiness because we see joy in people. It is forgetting self and finding time for others. It is discarding the meaningless and stressing the true values
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svantekumlin · 2 years
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Solar developer plans 'major' green hydrogen project
https://renews.biz/67019/solar-developer-plans-major-green-hydrogen-project/
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svantekumlin · 2 years
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Svante Kumlin , grundare och VD för EEW, kommer att fortsätta leda det sammanslagna bolaget
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