IBC SOLAR with new strategy in Sweden

IBC SOLAR, a leading full-service provider of solar energy solutions, repositions itself in Sweden with a new strategy. The business in Sweden will no longer be conducted via the authorised wholesaler and franchisee IBC SOLAR AB, but will be served directly by the German company IBC SOLAR. In this context, IBC SOLAR AB and the German IBC SOLAR are parting ways by mutual agreement. As of 20/03/2024 IBC SOLAR AB in Sweden will operate under a new company name.

Founded in 2018, Swedish IBC SOLAR AB acted as an authorized dealer for German IBC SOLAR AG and predominantly focused on the wholesale solar business. This was soon followed by expansion into the private customer segment. Over the years, the successful cooperation has consolidated the position of both companies as important players in the Swedish PV market and further strengthened their commitment to sustainable energy solutions. The partnership between IBC SOLAR AB and IBC SOLAR has contributed significantly to the installation of large PV systems throughout Sweden.

As of 20/03/2024 both companies will operate as separate, independent companies. IBC SOLAR AG will sell goods and services directly to installation partners in Sweden. However, IBC SOLAR AG will continue to have a long-term cooperation with the mother company of the IBC SOLAR AB, Solkompaniet, to ensure a stable and dynamic presence on the Swedish solar market.

Patrik Danz, CSO IBC SOLAR Group, including also the Sales unit Sweden, expresses gratitude on behalf of IBC SOLAR AG: "We would like to thank all IBC SOLAR AB employees for their trusting cooperation over the past few years, we are eagerly following the path forward for our company and are excited about our direct entry into this thriving market."

Thomas Sparrmo, CEO of Solkompaniet, mother company of IBC SOLAR AB, adds: "Market development promises exciting new opportunities for both our companies. Solkompaniet is looking forward to announcing the new company name for our wholesale business shortly.”

IBC SOLAR's vision for the Swedish market is based on a strong commitment to sustainable energy solutions and the ambition to further drive the adoption of solar energy. IBC SOLAR will serve the Swedish solar industry in the best possible way with its innovative solutions and support the country's transition to renewable energy sources.

About IBC SOLAR
IBC SOLAR is a leading full-service provider of energy solutions and services in the field of photovoltaics and storage. The company offers complete systems and covers the entire product range from planning to the turnkey handover of photovoltaic systems. The range includes energy solutions for private homes, trade and industry as well as solar parks. IBC SOLAR is a project developer and general contractor in these areas, and plans, implements and markets large-scale SOLAR projects worldwide. IBC SOLAR works closely with a network of Premium Partners who ensure competent and high-quality installation of the systems worldwide.

IBC SOLAR was founded in 1982 in Bad Staffelstein by Udo Möhrstedt and is now a pioneer in the energy revolution in over 30 countries.