The objective is to identify and secure several sites that can be converted into attractive energy projects. The company is therefore gradually shifting its focus from offering consultancy services to concentrating solely on the development of renewable energy projects, combined with a broader portfolio perspective aimed at attracting investors and other stakeholders.
“By identifying project areas and assembling them into a project portfolio, we are creating positive effects through the streamlining of the company’s operations and an increased focus on a single business segment. The goal is to increase the company’s future sales by creating more opportunities for investment and partnerships, based on a structured project portfolio which is continuously developed. It is about creating the right conditions for multiple projects to run in parallel, rather than pursuing individual initiatives,” says CEO David Åhs.
One interim target is the development of battery storage, where JDA Renewables aims to secure sites with a total capacity of approximately 400 MW during the autumn of 2025.
“The need for energy storage is increasing in line with the expansion of renewable electricity generation. More affordable technology is also contributing to improved profitability for battery projects. It is also a sector for the future, as battery storage provides welcome stability and balance to the Swedish electricity system,” says David Åhs.
The long-term plan beyond 2025 is to build a broad project portfolio including wind power, solar energy and battery storage, with a combined capacity of 1 GW during 2026–2027.