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Svante Kumlin
Chief Executive Officer at Eco Energy World PLC
Svante Kumlin is the Chief Executive Officer of EEW Eco Energy World, a company focused on developing renewable energy plants, particularly in photovoltaic solar energy. He has held this position since January 2008 and has been instrumental in expanding the company's operations across various regions, including Western and Eastern Europe, the Middle East, South America, and Africa.13
Professional Background
Svante Kumlin has a diverse professional background, having founded and led several companies in different sectors:
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Eco Energy World PLC: As CEO, he oversees the development of renewable energy projects.
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Monaco Venture Capital and Private Equity Association: He co-founded this association, which focuses on venture capital and co-investment events from 2006 to 2012.
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Eco Supplies AB: Kumlin was the chairman and founder of this company, which marketed eco-friendly office supplies and produced photovoltaic solar modules.
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Various Other Ventures: His entrepreneurial journey includes founding companies in sectors such as aviation (Nexus Jets), real estate (Swed Care Properties), and e-commerce (Printle.com).
Education and Skills
Kumlin attended Göteborgs universitet, where he studied economics, and he is multilingual, speaking English, French, and Swedish.1
Vision and Leadership
Under his leadership, EEW has positioned itself as a significant player in the renewable energy sector, emphasizing sustainable practices and innovative solutions to energy challenges. Kumlin's experience across various industries enhances his capability to drive the company's mission forward.12
Highlights
Green h2 gaining momentum to 25% of world Energy 2050
In a significant development, the EU has earmarked €6.9 billion for carbon-free hydrogen projects, heralding a new era in sustainable energy. Eco Energy World stands at the forefront of this transformative journey, ready to lead the green hydrogen revolution. Despite green hydrogen's modest footprint, making up only 1% of global hydrogen production in 2024, its potential in decarbonizing sectors such as industry, transportation and construction is unparalleled. Our mission is to fast-track this evolution, scaling up our green hydrogen production in step with an ambitious growth trajectory. With green hydrogen expected to grow at an average annual rate of approximately 35%, the path from a minor player today to covering 25% of the world's energy needs by 2050 is both ambitious and vital. This ambitious journey is buoyed by strong global support, notably from Europe and Australia, which is EEW prime markets placing us in a prime position to spearhead the energy transition. Embark on this exciting journey with us, where your partnership is key to achieving a sustainable and greener future. #greenhydrogen #sustainableenergy #ecoenergyworld #svantekumlin
Grid Investment Needs to Double, Reaching Up to $600 Billion
Our journey to a sustainable energy future is fundamentally dependent on the modernization of power grids. Despite a surge in renewable energy investments, the progress is hampered by outdated infrastructure, acting as a major bottleneck. In 2024, renewable energy investments are projected to reach $644 billion, with over 3,000 GW of renewable projects waiting for grid connections. However, global investment in grid infrastructure has plateaued at $300 billion annually. To meet the critical target of limiting global warming to 1.8°C, the International Energy Agency (IEA) has estimated that investments in the grid need to double, reaching $600 billion annually by 2030. This substantial increase underlines that the amount we need to invest in upgrading and expanding the grid infrastructure is on par with what is being allocated for renewable energy capacity. Without parallel investments in both areas, the shift to renewable energy could face significant delays, undermining global efforts to combat climate change. EEW and other renewable energy companies are experiencing significant delays in grid connections, which complicates the delivery of renewable energy projects that are crucial for the energy transition. We believe that raising public awareness about the critical importance of grid investments is essential to prompt action from both government and private industry. Upgrading our power grids is not merely an option but a necessity to facilitate the transition to renewable energy and ensure a cleaner, more sustainable future #powergrid #renewableenergy #svantekumlin #infrastructure #sustainablefuture #gridmodernization #eew
