The energy sector is undergoing a transformation, shifting from centralized fossil-based power generation to a sustainable energy ecosystem where decentralized and renewable solutions play an essential role. This transition is driven by the urgent need to reduce CO₂ emissions, the growing demand for electrification, and continuous advancements in renewable energy technology.
Navigating this shift requires a resilient and adaptable energy system. As intermittent sources like solar and wind become integral to the grid, the system must evolve to manage energy that is less predictable than traditional sources. Decentralized energy production is also on the rise, with an increasing number of rooftop solar installations and strategic investments in energy storage solutions and demand response solutions to maintain grid stability.
AxSol, founded in 2019 as part of Axel Johnson, was established to address this new energy landscape. With a mission to invest in and scale renewable energy companies, AxSol actively supports the shift towards a sustainable future. Since its inception, AxSol has built a robust portfolio of companies advancing solar energy solutions and services, including key investments in Solkompaniet and EnergiEngagemang, driving renewable energy infrastructure growth across the Nordics.
In 2024, AxSol became part of Novax, creating a dedicated focus area, “Energy of the Future.” Combining deep expertise in renewable energy with strong partnerships and a steadfast commitment to sustainability, “Energy of the Future” aims to be a transformative force in the Nordics' transition towards a resilient, clean, and decentralized energy system.
