- Business
- Windon Energy Group AB (WEG.ST) is a Swedish renewable energy company specializing in the supply, installation, and maintenance of large-scale solar cell systems and related solutions. Founded in 2007 and headquartered in Stockholm at Humlegårdsgatan 4, the company operates primarily as a system supplier, wholesaler, importer, and producer, offering comprehensive turnkey projects including solar panels, high-efficiency inverters, Swedish-manufactured mounting systems, and complete solar energy packages for solar parks, commercial properties, the public sector, and green investors; it also provides operation and service of facilities, supplies systems to installers, and distributes innovative products such as RidgeBlade roof-mounted wind turbines with capacities from 2 to 30kW. Windon serves customers in Sweden and the Nordic region, with expansion into Norway through strategic dealer networks, and targets utility-scale projects alongside distributed solar applications. Formerly known as HODL SPAC Europe AB, the company changed its name in June 2023 following incorporation under its current structure in 2021. Recent developments include a March 2025 framework agreement with AIKO Solar for high-efficiency modules in utility-scale Nordic projects during 2025-2026, marking AIKO's first such collaboration in the region; a strategic partnership with Østa Elektro in Norway to enhance solar and wind offerings; an exclusive distribution deal for RidgeBlade wind turbines in Sweden and Norway; and the acquisition of Chargehome's operations via debt offset, alongside entry into the BTM business area with its first deal secured in 2025.