Article

Sweden's renewable energy sector is experiencing unprecedented financial losses, with wind power reporting a loss of 6.3 billion SEK ($2.46 billion) in 2024, up from 5.2 billion SEK ($2.03 billion) the previous year. Approximately 80% of the nation's wind turbines are owned by companies operating at a loss, while the solar installation sector faces challenges, leading to 160 bankruptcies in 2025 due to reduced government subsidies. The future of hydrogen projects remains uncertain due to high production costs and financing complexities.