Founded in 2019, Zazz Energy is an energy sector company that sells, builds and commissions renewable energy production facilities. The plants enable the transition from fossil fuel dependency to renewable electricity generation. The company’s business model seeks to enable the realization of environmental goals through the establishment of facilities that produce electric power and heat. Value is created by producing energy with minimal resource use and low operating costs for a stable energy supply. Zazz Energy is listed on Nasdaq First North Growth Market since 2020. ​​

In December 2021, Zazz Energy had its first plant constructed for the production of renewable electricity with bio-oil in the Greek market. Zazz Energy has an agreement with the Greek electricity grid that gives us licenses to supply renewable electricity to the Greek market for 20 years with an estimated value of 300 MSEK.

In early 2024, Zazz Energy embarked on a journey to expand into solar power generation and energy storage as part of diversifying the business. Diversification is an important step in achieving our long-term goals – to grow the business profitably in both geography and technology and create a more predictable business. Zazz Energy has in March 2024 signed a first project in solar energy and energy storage and placed an order for a battery for the purpose of storing energy and contributing to frequency balancing, meaning that the Company stabilizes the electricity grid when the demand for electricity exceeds production and vice versa.