{"id":22086,"date":"2023-11-13T11:31:15","date_gmt":"2023-11-13T10:31:15","guid":{"rendered":"https:\/\/www.eolus.com\/?page_id=22086"},"modified":"2024-04-02T11:52:41","modified_gmt":"2024-04-02T09:52:41","slug":"history-name","status":"publish","type":"page","link":"https:\/\/www.eolus.com\/en\/who-we-are\/history-name\/","title":{"rendered":"History &amp; Name"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"22086\" class=\"elementor elementor-22086\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-758c449f e-con-full animated-slow e-flex elementor-invisible e-con e-parent\" data-id=\"758c449f\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeIn&quot;,&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t<div class=\"elementor-element elementor-element-4e02d735 e-flex e-con-boxed e-con e-child\" data-id=\"4e02d735\" data-element_type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-5c850b7d e-con-full e-flex e-con e-child\" data-id=\"5c850b7d\" data-element_type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8046e59 elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"8046e59\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">History &amp; Name<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-113003ca elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"113003ca\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;_animation_delay&quot;:&quot;200&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>When Eolus was founded in 1990, we were a forerunner in Sweden. We can with humility and pride state that we paved the way for the commercialization of the wind power industry in Sweden. Deeply rooted in the Sk\u00e5ne earth, we lifted our gaze with a vision of a sustainable future. From small-scale, innovative energy production in close collaboration with visionary customers, we have stepped up toward new horizons, and neither geographical distance nor technical challenges have stopped us. More than 30 years later, we are one of Sweden\u2019s most established listed companies in project development of renewable energy generation, with operations in five countries.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7a4d6fb0 elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"7a4d6fb0\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;_animation_delay&quot;:&quot;400&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Timeline<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7db61bb0 elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"7db61bb0\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;_animation_delay&quot;:&quot;600&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>1990<\/strong> Eolus is founded in Osby.<\/p><p><strong>1991<\/strong> The first 0.2 MW turbine installed on \u00d6land.<\/p><p><strong>1996<\/strong> The first 0.6 MW turbine installed on Gotland.<\/p><p><strong>2002<\/strong> The first 1.8 MW turbine established in Sk\u00e5ne.<\/p><p><strong>2004<\/strong> The company moves to H\u00e4ssleholm. The same year, our 100th wind turbine is installed.<\/p><p><strong>2009<\/strong> Eolus listed on Nasdaq OMX First North. The 200th wind turbine is completed.<\/p><p><strong>2012<\/strong> Establishment in the Baltics.<\/p><p><strong>2012<\/strong> Per Witalisson appointed CEO of Eolus after working as CFO between 2006 and 2012.<\/p><p><strong>2013<\/strong> Eolus establishes its 400th wind turbine.<\/p><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-10368461 e-flex e-con-boxed elementor-invisible e-con e-child\" data-id=\"10368461\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;jet_parallax_layout_list&quot;:[],&quot;animation&quot;:&quot;fadeIn&quot;,&quot;animation_delay&quot;:&quot;600&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a1d5152 elementor-widget elementor-widget-heading\" data-id=\"a1d5152\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">Repowered Wind Wall project in the US<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-19584b7d e-flex e-con-boxed e-con e-child\" data-id=\"19584b7d\" data-element_type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2d62ae2d elementor-widget__width-initial elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"2d62ae2d\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>2014<\/strong>\u00a0Eolus enters Finland through the acquisition of two projects under development. Permit obtained for the \u00d8yfjellet wind power project.<\/p><p><strong>2015<\/strong>\u00a0Eolus\u2019s Class B share is listed on Nasdaq Stockholm, Small Cap. Eolus enters the US market and acquires two wind power projects in the state of Nevada.<\/p><p><strong>2017<\/strong>\u00a0The company\u2019s business concept is broadened to include not only wind power but also other forms of renewable electricity generation and energy storage. Eolus establishes its 500th turbine.<\/p><p><strong>2018<\/strong>\u00a0Eolus continues to expand in the US through the acquisition of an early-phase solar energy and battery storage project.<\/p><p><strong>2019<\/strong>\u00a0Construction start-up for the Wind Wall 1 repowering project in the US. Amazon Web Services, Inc signs a Power Purchase Agreement. Eolus now has operations in Sweden, Norway, Finland, Estonia, Latvia and the US.<\/p><p><strong>2020<\/strong>\u00a0Eolus\u2019s Class B share is transferred to Nasdaq Stockholm\u2019s Mid Cap list. Construction starts on the \u00d8yfjellet project, Norway. Eolus completes its 600th wind turbine.<\/p><p><strong>2021<\/strong>\u00a0Eolus enters Poland and appoints Daniel Larsson as Country Manager.\u00a0<\/p><p><strong>2022<\/strong>\u00a0Eolus divests a battery project with a capacity of 120 MW and a solar and battery project with a capacity of 750 MW in the US. The Stor-Sk\u00e4lsj\u00f6n project in Sweden is divested to MEAG.<\/p><p>In\u00a0<strong>2023<\/strong>, Eolus has more than 100 employees and operations in Sweden, Norway, Finland, the Baltics, Poland, the US and Spain. The \u00d8yfjellet project in Norway is completed. The Swedish Skallberget, Utterberget, Tj\u00e4rn\u00e4s and Rosenskog projects are divested to Swiss BKW.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3dcd4cf1 e-con-full e-flex e-con e-child\" data-id=\"3dcd4cf1\" data-element_type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t<div class=\"elementor-element elementor-element-308ee5ac e-flex e-con-boxed elementor-invisible e-con e-child\" data-id=\"308ee5ac\" data-element_type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[],&quot;animation&quot;:&quot;fadeIn&quot;,&quot;animation_delay&quot;:&quot;100&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4053d513 e-flex e-con-boxed e-con e-parent\" data-id=\"4053d513\" data-element_type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-22739f72 e-flex e-con-boxed elementor-invisible e-con e-child\" data-id=\"22739f72\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;jet_parallax_layout_list&quot;:[],&quot;animation&quot;:&quot;fadeIn&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6bbb164f elementor-widget elementor-widget-heading\" data-id=\"6bbb164f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">Eolus was listed on nasdaq in 2009<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8be52d8 e-flex e-con-boxed e-con e-child\" data-id=\"8be52d8\" data-element_type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3ffe25a7 elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"3ffe25a7\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Eolus<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1139369f elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"1139369f\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Eolus (i\u02c8o\u02d0l\u028as) is an older Swedish form of the name of the wind god in Greek mythology, Aiolos. In <em>The Odyssey<\/em>, he lived on the island Aeolia and ruled the winds.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>When Eolus was founded in 1990, we were a forerunner in Sweden. We can with humility and pride state that we paved the way for the commercialization of the wind power industry in Sweden. Deeply rooted in the Sk\u00e5ne earth, we lifted our gaze with a vision of a sustainable future. From small-scale, innovative energy [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":0,"parent":23186,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-22086","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>History &amp; Name<\/title>\n<meta name=\"description\" content=\"Eolus was founded in 1990. 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