- Business
- Gigasun AB (publ) is a solar energy company that finances, installs, owns, and manages rooftop solar PV installations for corporate and institutional customers, primarily in China, and sells electricity under long-term agreements while benefiting from governmental subsidies and feed-in schemes. The company, headquartered in Stockholm, Sweden, operates through subsidiaries and partners to design, finance, construct, operate, and maintain solar assets, delivering turnkey solar energy solutions with ongoing asset management and revenue collection from electricity sales.
Company name and primary business activity
Gigasun AB (publ) operates as a solar energy solutions provider focusing on rooftop solar photovoltaic installations, asset ownership, and long-term energy supply arrangements for business customers. The firm leverages integrated financing, installation, ownership, and management capabilities to deliver solar assets and electricity supply, supported by government subsidies where applicable.
Main products and services
- Rooftop solar PV installation services: site assessment, engineering design, permitting, procurement, construction, and commissioning.
- Project financing and ownership: full or partial financial structuring to fund installations, with ownership of assets retained by the company or through project-level entities.
- Asset management and operations: ongoing performance monitoring, maintenance, and optimization of installed solar assets.
- Power purchase agreements (PPAs) and energy supply: long-term contracts under which customers purchase electricity generated by the installations.
- Advisory and project development: market analysis, siting, permitting assistance, and project optimization services.
- Subsidy and incentive navigation: assistance in securing governmental subsidies, tax credits, and other incentives available for solar deployments.
Geographic operations and markets
- Primary focus on China for project development, financing, and asset management.
- Operational presence and strategic activities also linked to Sweden and European capital markets through the parent structure and potential funding channels.
Founding year and headquarters
- Founded in 2014.
- Headquarters in Stockholm, Sweden.
Subsidiaries and corporate structure
- Operates through subsidiary and partner entities to finance, install, and manage solar assets; development and capital-raising activities occur across Nordic and Asian markets as part of the group’s integrated approach.
Recent key changes and strategic developments
- Name change: Advanced Soltech Sweden AB rebranded to Gigasun AB (publ) in early 2024, consolidating its corporate identity under one listed entity.
- Strategic emphasis on rooftop solar finance and asset ownership in China, with expansion of installed capacity to hundreds of megawatts and scaling of financing structures to support growth.
- Ongoing capital markets activity and reporting cycles as a public company, including year-end and annual meeting disclosures reflecting corporate governance and strategy updates.
- Continuation of partnerships and alliances within the solar sector to broaden project pipeline, financing options, and technology integration across regions.
Industry and business segments
- Industry: Renewable energy, specifically solar photovoltaic (PV).
- Business segments: Solar project development and financing; rooftop solar installations; asset ownership and management; electricity sales under PPAs; advisory and project optimization services; subsidy navigation.
Target customers
- Medium-sized to large private and public sector organizations, universities, and state-owned entities seeking turnkey rooftop solar solutions with long-term energy procurement arrangements.
Notes on publicly available information
- Company materials indicate a focus on financing, ownership, and operation of rooftop solar assets, with revenue derived from electricity sales and government subsidies where applicable, and a structure built to scale installations across China and related markets.
- The corporate name transition and public reporting reflect a strategy to position Gigasun as a consolidated platform for solar asset ownership and energy service delivery in selected markets.