Cover photo for Swedish Established Actors: Ocean and Renewables

Swedish Established Actors: Ocean and Renewables

The Swedish Ecosystem

Sweden has long fostered innovation and entrepreneurship making it a front line example of integrating sustainable values across different industries. There are a variety of factors that have shaped Sweden's innovation scene and that make it a competitive market. This includes their long term focus on research and education, social stability/mobility, high degree of equality and the importance they deposit on exportation given that their domestic market is relatively small.  At TOOL, we have extensively mapped Swedish companies within ocean and renewables industries on our interactive map. 

In this article you can discover established companies that are pioneering change across Sweden's industries and are working to make ocean use sustainable, protect marine life and decarbonize our planet!

Innovators in Ocean and Maritime

Maritime and Shipping

Alfa Laval is a leading global provider of first-rate products in the areas of heat transfer, separation and fluid handling mainly in energy, the environment, food and the marine industry. Arcos Hydaulik builds customized hydraulic cylinders, where the focus lies on our customer segments of industry, energy and marine. Echandia provides full electric propulsion, hybridization, or onboard electric support systems. Furetank is committed to the kind of shipping business where attention to quality and care for the environment, the cargo, the vessels and its personnel runs like a thread through everything they do. NavigationsTeknik markets products and services for fairway plotting like beacon and buoy lights, lighthouses, ice buoys, mooring buoys, buoy batteries and mooring systems for offshore wind/wavepower and fish/mussel farms. SeaZip Offshore Service focuses on robust, manoeuvrable crew transfer, support and survey vessels. SSPA supplies maritime solutions for shipowners, suppliers, designers, shipyards, ports and maritime authorities worldwide. Wallenius Marine designs ships powered by wind.

Seafood & Aquaculture

Arctic Roe focuses on sustainable production of sturgeon roe. Atlas Copco is a specialty rental sustainable solution provider for offshore, upstream, midstream, renewables and marine. Bright Water Fish Sweden is a Swedish sustainable aquaculture company. They build new type of aquaculture based on the healthy seafood and environmental friendly production.  Catxalot [catch-a-lot] is a seaweed company in Grebbestad, Sweden, that introduced Swedish seaweeds as novel food in Sweden and made it known to the public.  Cewatech provides fish feed from waste cuttings provides quality fish, environmental improvement, increased profitability for paper mills and reduced fishing offshore. Cola Lake AB produces sustainable arctic char. The facility will be the first of its kind and will have the capacity to produce 4000 tons of arctic char per year. Gårdsfisk® currently offers two types of fish, Rödstrimma® and Clarias. Their fish are good and some of the world's most common food fish, and they have properties that make them environmentally sustainable to consume. Guldhaven are specialised in seafood production of the wild fish from local fishery.  KosterAlg is offering eco-certified macroalgae (mainly kelp) cultivated on the Swedish west coast. KosterAlg is owned and operated by marine biologists. Mycorena is a food tech company that works with fungi technology to create products and processes that will major impact the global sustainability challenges. Nordic SeaFarm is one of Europe's leading producers of fair-grown seaweed and works with a range of food chain stakeholders to develop new products and services. Orbital Systems wants to contribute by driving change towards a more efficient way of using water. Their innovative water solutions are based on sensor and purification technology, inspired by NASA's Mars mission. Premium Svensk Lax AB provides sustainable, healthy and premium Swedish quality salmon. Scandinavian Silver Eel is an eel farming company committed to maintaining the eel population by providing the majority of our eels for restocking (roughly 70%) and using the remainder for consumption and on-growing. Scandsea harvests wild seaweed in Skagerrak and delivers seaweed directly to restaurants and companies. Swedish Algae Factory's mission is to be the world-leading producer of advanced materials from algae and a driving force towards a circular and bio-based industry.

Innovators in Renewable Energy

Absolicon is a listed Swedish solar energy company specialized in concentrated solar heating. They help industries change from fossil fuels using solar thermal resources.  Avanti Wind Systems is a full-line supplier of tower internals as well as a market leader within service lifts and safety equipment for wind turbine towers. Azelio is a Swedish company that works with solar energy. It is a Stirling manufacturer and is already a leading supplier of engine-based renewable energy solutions. Biond is one of the leading transistors of waste management and biofuel. They look up to waste as a value-creating resource whilst converting it to sustainable benefits for society.  Bioendev develops and supplies comprehensive technology for the production of black pellets. This enables the most cost-effective use of biomass in heat and power generation.  Biofrigas is a Swedish environmental technology company with headquarters in Gothenburg. We are driven by the idea that all organic waste can be converted into green energy. Celcibus develops solutions for sustainable energy systems. The initial products are fuel cell components based on a unique, patented catalyst which is free from platinum group metals.  Climeon is a clean-tech vendor, providing a technology that uses the energy in waste heat from industries and low-temperature geothermal heat to generate electricity. CorPower Ocean designs, manufactures and operates wave energy farms for our customers. The wave farm solution have a unique design inspired by the pumping principles of the human heart, allowing it to survive the toughest storms. Eolus Vind AB was founded in 1990. At the time it was the first commercial wind power developer in Sweden. The company’s business concept was primarily to establish and own wind power facilities for electricity generation.  Epishine works with product development and marketing of the third generation of solar cells; organic solar cells.  H2 Green Steel (H2GS AB) was founded with the ambition to accelerate the decarbonization of industry using Green Hydrogen. Hydromesh is a first of its kind smart-grid solution that integrate long-term storage of energy in the form of hydrogen. InnoVentum focuses and develops as well as commercializing exceptionally environment-friendly, resource-efficient as well as aesthetically compelling renewable energy solutions. Minesto is a world-leading marine energy technology developer with the mission to minimize the global carbon footprint of the energy industry by enabling commercial clean energy production from tidal streams and ocean currents. Modvion is changing the wind energy industry at its core. Modular wind turbine towers in laminated wood instead of steel makes it CO2 negative to build wind power.  NOVIGE is developing a novel hybrid wave energy converter, NoviOcean. 500 kW first, fully commercial, then by evolution, 2 MW+. OX2 develops and sells wind and solar farms. OX2 has taken a leading position in large-scale onshore wind power over the past 17 years. PowerCell Sweden AB - Hydrogen fuel cell stacks & systems. PowerCell creates electrical power solutions – with minimal environmental impact. Save by Solar wants to drive the transition to a renewable world by changing the way companies use energy. They do this by creating simple, profitable and safe solutions for producing and consuming renewable energy. Sigma Energy & Marine was built on this legacy and we have the ambition to become the preferred energy & marine partner in Sweden. Slitevind owns and manages wind power. They invest long-term in renewable energy and are part of the transition towards a sustainable future. SolarWave AB is a Swedish company active on the global arena. We combine cutting-edge solar and superior cleantech products.  Soltech group is a total supplier of energy and solar cell solutions. With an overview of the entire value chain, from development to installation, we can transform all types of properties to more sustainable and self-sufficient energy producers. S-Solar has more than 30 years of experience in developing and manufacturing high performance thin film nano coatings, absorbers, and heat exchangers. Svea Solar leads a global power shift by providing a smart, innovative, and accessible solar solution to sustainable living. Svevind plans, develops, sells and operates land-based wind power projects of varying sizes. The Swedish Biofuels AB technology inspires to replace fossil fuels with biofuels. Vasa Vind is one of Sweden’s leading developers, constructors and operators of onshore wind with a significant share of the country’s installed wind capacity (~600 MW / 1.8 TWh). Vattenfall is driving the transition to a sustainable energy system through initiatives in renewable production and climate smart energy solutions for our customers

The Nordics' Ecosystem

We have carefully mapped the corporate ecosystem of our neighboring Nordic countries. Check out the rest of Nordic established actors!

Get on the Map

Are you a Swedish company within the ocean and renewables sector? If your company hasn't been mapped on toolspawn or listed in one of our featured insight lists you can get in contact with our team or sign up on our platform for free. Join us and become a part of the TOOL community to increase your visibility & networking options!

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