Cleantech company 1KOMMA5° and cleantech wholesaler KP Energy have signed a long-term cooperation agreement for inverters and batteries from Sungrow. The partnership consolidates their leading positions in the industry and confirms their common goal to support the transition to clean and sustainable energy through high quality energy solutions.
With more than 21,000 solar and battery installations in the Nordic region, 1KOMMA5° is a market leader in smart energy solutions. With a focus on local presence, quality and sustainability, they have now chosen KP Energy as their main supplier of inverters and batteries from Sungrow to ensure a safe and stable operation on the Swedish market.
- Our vision is for residential home owners to be able to live off the sun and wind for free, forever, while we together limit global warming to 1.5 degrees. To reach this goal, we need strong local partners to help us transform more households into energy-smart and carbon-neutral ones. We have extensive requirements on quality, safety and climate considerations, all of which KP Energy meets. Together we can accelerate the transition to green energy, so that Swedish residential home owners can become self-sufficient with smart control of their production and consumption,” says Gunnar Jönsson, CEO of 1KOMMA5° in Sweden & the Nordic region.
As a pioneer in the solar market, KP Energy has played a crucial role in driving the development of solar energy in Sweden. 25% of all PV installations on residential rooftops in Sweden have been carried out with materials from KP Energy, demonstrating their strong local roots. With OKQ8 as owner since 2019, KP Energy is a reliable and stable wholesaler with a high degree of supply availability.
- We are very happy to initiate this collaboration with 1KOMMA5° and together enable even more Swedish households to benefit from sustainable solar energy and reduce their carbon emissions. Our focus on safety, quality and sustainability ensures that we can deliver the best products, on time and over time, with the least possible climate and environmental impact. KP Energy’s future also extends beyond the borders of Sweden, where we look forward to expanding our long-term cooperation with 1KOMMA5° to further drive the green energy transition together, says Filip Wiqvist, CEO of KP Energy..
By actively engaging with its suppliers, KP Energy strives to improve sustainability in the industry. KP Energy partners with EcoVadis, a world leader in sustainability assessment of suppliers. The EcoVadis assessment includes a range of criteria in the areas of climate, environment, ethics, labor and human rights, and sustainable procurement. The methodology is based on international sustainability standards, including the Global Reporting Initiative (GRI), the UN Global Compact and ISO 26000.
As a member of the international climate initiative RE100, Sungrow is committed to achieving carbon neutrality across its production and operations by 2028. Sungrow’s supply chain integrates ESG principles and its product development follows strict environmental standards, from carbon footprint assessment to responsible sourcing of materials. The company also promotes low-carbon alternatives in transportation. In addition to its operations, Sungrow invests in initiatives for environmental protection, ecological preservation and sustainable land use practices.
About KP Energy:
KP Energy is one of Sweden’s leading cleantech wholesalers and part of OK-Q8 AB. KP Energy’s mission is to help the energy industry to accelerate the evironmental transition by delivering advanced products and smart services in a simple and sustainable way, to hundreds of retailers in the Nordic region. With a focus on safety, quality and sustainability, KP Energy is an enabler of growth for installation companies, not only through a wide range of products, but also through services and solutions in financing, engineering and logistics that strengthen and facilitate their business. With about 70 dedicated employees around the country, with warehouses in Västerås and Helsingborg, KP Energy is shaping tomorrow’s society by delivering sustainable energy today – for you, for our planet and for generations to come. To find out more about KP Energy, visit www.kpenergy.se
1KOMMA5° focuses on smart energy solutions such as solar cells, home batteries for electricity storage, electric car chargers and the Heartbeat energy management system. The company currently has over 1500 employees in over 65 different locations throughout the Nordics, Europe and Australia. They have installed over 80,000 PV systems and aim to convert 500,000 households per year to eliminate household carbon emissions and fulfill the vision of a climate-neutral housing market by 2030. 1KOMMA5° aims to become the market leader in Europe with sales of over SEK 100 billion per year by 2030. The Nordic business, which currently consists of five companies in Sweden, Finland and Denmark, has an ambition to reach a turnover of SEK 2 billion by 2023. With over 21,000 solar and battery installations, they are now the market leader in the Nordic region. To achieve its goals, 1KOMMA5° is backed by Swedish Norrsken VC, Porsche AG and leading German family offices. 1KOMMA5° will continue to expand its activities to other relevant markets nationally and in Europe. For more detailed information on our activities, please visit www.1komma5.se