Large-Scale European Renewable Energy as a Service Platform Is Decarbonizing Freight Transport, Seeking Investors

Solar Power Accelerator AB (SPA), operating under the project name WATT THE TRUCK, is developing an innovative large-scale European renewable Energy as a Service platform designed to accelerate the electrification of heavy goods vehicles and decarbonize freight transport.

Solar Power Accelerator AB is a Sweden-based enterprise whose core objective is to deliver dependable, fossil-free energy for electric heavy goods vehicles and the charging depots that serve them. The fundamental premise behind the effort is that the ongoing decarbonization of transportation will require not only electric vehicles but also a comprehensive, dedicated energy infrastructure capable of reliably supporting fleet operations at industrial scale. The company is currently accepting investment inquiries.

The company’s vision centers on creating heavy-duty truck corridors across Europe that are green, fossil-free, and supported by charging systems supplied entirely by renewable energy sources. This is not merely an environmental ambition but a practical response to regulatory shifts, corporate climate commitments, and the increasing economic competitiveness of electric freight transport. The transition of heavy-duty mobility to electric propulsion requires a secure power supply, strategic site development, and access to long-term renewable energy contracts, and these are the pillars around which Solar Power Accelerator has shaped its business model.

The company pursues its mission through an energy-as-a-service platform designed to ensure renewable power availability for electric heavy-duty trucks both at depots and along major long-haul routes. Rather than focusing solely on vehicle technology or standalone charging equipment, SPA concentrates on building an integrated value chain that spans energy generation, storage, power purchase contracting, and charging infrastructure. The platform is structured on a subscription-based model developed in close cooperation with Statkraft, Europe’s largest renewable energy distributor. Through this model the company seeks to own, operate, transfer, monetize, and sell energy offtake to charging distributors, logistics providers, and long-haul trucking operators that represent its primary customer segments.

The underlying problem that SPA addresses is both economic and environmental. Heavy-duty freight transport is responsible for approximately a quarter of carbon dioxide emissions from transport within the European Union, and regulatory scrutiny is intensifying. Manufacturers of heavy trucks face substantial financial penalties for failing to meet increasingly stringent climate targets associated with direct and indirect emissions.

At the same time, operators hesitate to invest in electric heavy trucks because of grid constraints, volatile electricity pricing, and uncertainty regarding whether sufficient charging infrastructure will be available to support reliable operations. Charging infrastructure has become a critical bottleneck for the sale and deployment of electric trucks, and renewable sourcing requirements are becoming embedded in procurement criteria, corporate sustainability metrics, and public policy objectives. Taken together, these dynamics establish clear demand for a company able to deliver dependable, renewable, utility-scale charging solutions.

Solar Power Accelerator proposes to meet this need by enabling both depot charging and en route charging through a framework of power purchase agreements backed by renewable energy sources. The company delivers fixed-price solar and wind power agreements that guarantee renewable origin and are optimized by combining on-site microgrids, large-scale battery storage, load balancing, and external energy procurement from solar and wind farms secured through cooperation with Statkraft.

In addition, SPA focuses heavily on strategic geographic positioning and intends to build a presence along the nine major European transport corridors that form the backbone of long-haul goods movement across the continent. These corridors represent the most attractive electrification opportunities due to traffic density, regulatory focus, and concentration of logistics customers.

Strong Business Case For Investors

The market opportunity SPA is targeting is characterized by strong structural growth. The company has articulated objectives that include capturing meaningful market share and achieving attractive long-term returns driven by contracted revenue through power purchase agreements. The business case for investors rests on the expectation of exponential expansion in electric heavy-duty vehicle deployment as well as the associated demand for megawatt-scale charging infrastructure. Depots with high charging capacity have the potential to generate substantial annual revenue, reflecting the large energy volumes required by heavy trucks relative to passenger vehicles.

Solar Power Accelerator’s commercial foundation is reinforced by partnerships with well-established brands and stakeholders across the logistics and energy ecosystem. The company has engaged with leading fleets and logistics operators and has developed reference projects demonstrating meaningful scale. Discussions are also underway with major shippers seeking renewable energy services for their European truck movements. Its partnership with Statkraft provides access to large volumes of renewable generation, while cooperation with EPC contractors and on-site solar power providers strengthens its capability to deliver fully integrated solutions.

The company positions itself as differentiated by its exclusive partnerships, access to premium customers, and scalable franchise model that supports the rollout of charging facilities underpinned by renewable energy service offerings. Through this combination of contracted revenues, strategic alliances, and customer pipeline, SPA aspires to become a category leader in the renewable energy services market for electric heavy-duty truck charging hubs across Europe.

The external market environment supports this strategy. Growth in the commercial vehicle sector is being driven by e-commerce expansion, urbanization, infrastructure development, and logistics optimization trends globally. Multiple independent analyses forecast substantial increases in both the size of the commercial vehicle market and the electrification share within it over the coming decade. In parallel, the market for electric truck charging infrastructure is expanding rapidly, with significant increases projected in public charging points, heavy-duty vehicle charging stations, and renewable energy generation capacity associated with them.

Government policy remains a powerful catalyst, with the European Union’s Green Deal, Fit for 55 package, national climate strategies, and funding programs creating financial incentives that support both infrastructure investment and renewable energy expansion.

Research indicates that fleet operators increasingly intend to electrify significant portions of their vehicles by 2030 and regard charging infrastructure availability as a key enabler. Standards development, such as megawatt charging systems capable of extremely high charging rates, is accelerating the technical feasibility of electric long-haul trucking. At the same time, analysts estimate that tens of thousands of high-capacity charging points will be necessary across Europe within the next decade to support electrified fleets. Investment requirements are large, but total cost of ownership dynamics are improving as battery prices fall, energy optimization strategies evolve, and renewable energy costs continue to decline.

A transition of this magnitude also intersects with corporate sustainability strategies. Scope 3 emissions, which represent indirect emissions across value chains, account for the majority of many firms’ carbon footprints. As shippers increasingly evaluate freight providers based on emissions performance, logistics firms face strong commercial pressure to decarbonize operations. Electrification of heavy-duty fleets becomes both a compliance necessity and a competitive differentiator in this context. High-profile initiatives, such as major e-commerce companies committing billions of euros toward electrifying transportation networks, further validate the direction of travel across the market.

Solar Power Accelerator’s leadership includes individuals with experience in energy systems, installation, technology strategy, commercial development, and governance across international enterprises. The company’s board and advisory relationships draw upon executive experience in energy, infrastructure, and large-scale corporate operations, providing oversight as it expands its project portfolio.

From an investment perspective, SPA presents itself as a platform situated at the convergence of freight electrification, renewable energy procurement, infrastructure development, and long-term contracted revenue. Power purchase agreements are highlighted as mechanisms that deliver predictable cash flows over extended time horizons, thereby supporting investor visibility and bankability. The company argues that charging infrastructure represents the linchpin for heavy-duty electric vehicle adoption and that early leadership in renewable energy provision for this sector offers strategic access to the future of logistics and mobility in Europe.

Beyond its current scope, SPA is also developing advanced capabilities that leverage data to improve operational performance. By analyzing telematics information, site utilization trends, and maintenance needs, the company seeks to enhance charger uptime, forecast demand patterns, and support optimal routing and scheduling for fleet operators. As electric heavy-duty vehicles move from pilot programs into large-scale commercial deployment, such digital optimization tools become essential for maintaining service reliability at the level expected by logistics providers accustomed to conventional fuel networks.

The company is also monitoring opportunities in emerging areas such as vehicle-to-grid integration. Heavy truck batteries, due to their large capacity and predictable depot dwell times, may eventually support grid services such as demand response or frequency balancing, creating new revenue streams. Although regulatory frameworks and technology standards are still evolving, SPA views these developments as part of the long-term evolution of an integrated freight energy ecosystem.

Successful implementation of this strategy requires collaboration with municipalities, utilities, regulators, and local communities. Permitting, zoning, environmental impact considerations, and utility interconnection processes must be navigated carefully. SPA emphasizes the importance of aligning charging hub development with regional economic priorities, sustainability objectives, and community interests. By framing charging sites as strategic infrastructure that supports commerce, decarbonization, and employment, the company aims to secure broad-based stakeholder support.

Ultimately, Solar Power Accelerator portrays the electrification of heavy-duty trucking not as a speculative possibility but as an inevitable transition driven by regulation, economics, and corporate climate commitments. The decisive variable will be whether adequate energy infrastructure can be deployed quickly enough and at sufficient scale. SPA seeks to occupy the role of enabler in this transition by providing renewable power, storage capability, intelligent energy management, and long-term contracting structures that collectively make electric freight viable for operators across Europe.

EVinfo.net Interviews Pär-Olof Johannesson, Chairman, CEO & Co-Founder, Solar Power Accelerator AB

EVinfo.net had the honor of speaking with Pär-Olof Johannesson, Chairman, CEO & Co-Founder, Solar Power Accelerator AB.

Bill Pierce:

What problem are you solving, and why now?

Pär-Olof Johannesson:

Europe’s freight transport sector accounts for nearly 25% of total road transport CO₂ emissions, yet electrification of heavy-duty vehicles (HDVs) remains at an early stage — representing less than 2% of new truck sales. The total cost of ownership (TCO) for BEV trucks is rapidly approaching parity with diesel trucks — and already beats diesel in many short- and mid-range applications. Moreover, diesel bans and zero-emission zones are being introduced across major cities like Amsterdam, Stockholm, and Berlin by 2030 — making zero-emission fleets both a compliance requirement and a competitive differentiator.

The European Union’s ambitious decarbonization goals require this figure to rise sharply within the decade. However, the transition is hindered by three structural barriers:

1. Limited access to certified green electricity
   
2. Volatile and unpredictable energy prices
   
3. Insufficient charging infrastructure and route optimization
   

By 2030, at least half of all new trucks sold in the EU must be zero-emission.
Truck OEMs are responding with massive investments:

• Volvo, Daimler, Scania, MAN, and Renault now offer fully-electric heavy-duty models.
  
• Daimler, Volvo, and TRATON have jointly launched Milence, deploying 1,700+ public high-power charging stations across Europe by 2027.
  
• National governments are following suit — e.g., Germany’s Charging Infrastructure Master Plan II and France’s HGV decarbonization roadmap.
  
• The Chinese EV-truck manufacturers, i.e Windrose, Superpanther, Dongfeng, Sany and BYD are aggressively entering the market, unlocking the potential.
  

That said, infrastructure rollout and green energy access are lagging. These are the pain points which our company addresses.

Without solving these bottlenecks, Europe’s transport decarbonization and OEMs’ Science Based Targets for Scope 3 emissions cannot be achieved. This combined with our purpose driven vision on a fossil free logistics sector in Europe is why we do what we do.

Bill Pierce:

What is your mission?

Pär-Olof Johannesson:

Solar Power Accelerator (SPA) is an ambitious high growth startup, an entrepreneurial initiative that aspires to be a category market leader uniting key players in energy, infrastructure, and logistics to accelerate the electrification of Europe’s heavy-duty transport sector. We are a rainmaker in the ecosystem focused on demand creation and market shaping to make a dent and true impact on the green transition of the electrification of heavy duty trucks in Europe.

We remove critical barriers by providing:

1. Certified renewable electricity for charging stations and fleet operators.
   
2. Long-term Power Purchase Agreements (PPAs) that stabilize energy costs.
   
3. AI-powered route and fleet optimization tools that maximize uptime and efficiency.
   

Together, these pillars enable predictable economics, higher utilization, and faster adoption of battery-electric trucks (BEVs).

Bill Pierce:

What’s the scope of your offering, unique value proposition and customer benefits?

Pär-Olof Johannesson:

Solar Power Accelerator provides value to its customers by unlocking 100% green electrical heavy duty fleet charging and optimizing EV fleet service operations via access to its proprietary app-based, enterprise- grade software platform.

USP (Unique Selling Proposition) For Truck & Fleet Operators

• Guaranteed access to 100% renewable electricity.
  
• Predictable energy costs through long-term hedging.
  
• Enhanced uptime and utilization through smart route planning.
  

USP for charging station operators

• Reliable renewable power supply with flexible pricing models.
  
• Higher charger utilization via integration with SPA’s route app.
  
• Improved profitability through PPA-backed floor-and-ceiling price structures.
  

USP for 3PL providers

• Accelerated BEV adoption helps meet Scope 3 decarbonization targets.
  
• Enables compliance with EU fleet emission regulations.
  
• Strengthens brand positioning as a sustainability leader.
  

Bill Pierce:

How do you make money?

Pär-Olof Johannesson:

SPA owns, operates and transfers the renewable energy assets, offshore or onshore solar and wind parks,and supplies the offtakes to the megawatt charging infrastructure for electrical heavy duty trucks. We contract long term power purchase agreements with fixed pricing under pay as produced terms sold to charging point distributors, third party logistics providers and long-haul truckers (our customers).

Bill Pierce:

What is the main application of your AI software for route planning and fleet optimization?

Pär-Olof Johannesson:

SPA’s intelligent route planning platform improves fleet productivity by:

• Mapping optimal routes with charging locations based on range, payload, and schedule.
  
• Predicting charging station availability and dynamically rerouting vehicles.
  
• Integrating directly with fleet telematics and cost data for real-time optimization of operations and energy usage.
  

The mockup blueprint for SPA’s proprietary software architecture is labelled “WATT THE TRUCK”: a digital energy exchange for electric heavy goods vehicles (eHGVs) that connects fleet operators, charging hubs, and renewable energy providers through a real-time energy-as-a-service marketplace.

The platform – using AI-driven and ML route optimization, dynamic pricing, and smart auctions – ensures guaranteed, cost-efficient charging slots for trucks while enabling renewable load balancing and grid flexibility via BESS integration. With potential for both subscription- and transaction-based revenues, this scalable, asset-light platform will become the trading backbone for Europe’s eHGV charging corridors — effectively the eBay for EV-based logistics.

Bill Pierce:

What is your competitive advantage?

Pär-Olof Johannesson:

SPA guarantees price stability through contracting of long term power purchase agreements that charging-station operators and fleets have access to verified renewable energy sourced from European solar and wind assets.

SPA’s early-mover position secures access to scarce renewable supply and offers a significant competitive advantage in shaping Europe’s zero-emission freight network.

Bill Pierce:

What are your last ten cents and key takeaways?

Pär-Olof Johannesson:

The long-term cost edge of BEV over Diesel remains intact.

▪ By the mid-2030s, new sales in all major applications are expected to be dominated by BEV.

▪ The best BEV business case is in haulage, driven by a high energy cost share, and cost-effective mid-day charging breaks (“a full day’s energy cost advantage with a half day’s).

A highly competitive BEV portfolio is more critical than ever.

▪ Shaping market conditions in favor of rapid infrastructure roll-out remains the strongest external lever (including on depots).

The transition to zero-emission heavy transport is inevitable — the only question is speed.

Top Reasons to Invest in SPA

Solar Power Accelerator AB is positioned to capitalize on rapid electrification of heavy-duty transport across Europe as climate mandates, logistics decarbonization efforts, and corporate emissions targets accelerate adoption of electric heavy-duty vehicles. Demand for megawatt-scale charging infrastructure is projected to expand dramatically through 2030, creating a substantial opportunity in renewable energy supply and charging services. Long-term power purchase agreements generate stable, predictable revenue streams over ten to twenty-five years, lowering market exposure and supporting bankable investor returns.

Charging availability is emerging as the primary constraint on electric heavy-duty vehicle deployment, and participation as an early renewable energy provider places investors at the center of a structural shift in freight logistics and mobility. Strong public policy drivers including the EU Green Deal, Fit for 55 initiatives, and national subsidy regimes are channeling significant capital into charging networks and renewable generation, reducing capital expenditure risk and accelerating payback periods.

The company’s model leverages the natural alignment between solar generation and daytime fleet charging needs, while optimizing energy delivery, storage, and site operations to enhance efficiency and margins. Its approach is designed for replication across logistics hubs, highway corridors, distribution centers, and industrial areas throughout Europe, utilizing modular configurations that integrate solar production, battery storage, and high-capacity charging.

This creates a scalable platform suited to rapid network expansion. The strategy aligns closely with investor demand for sustainable, low-carbon infrastructure assets and offers strong environmental, social, and governance characteristics that can improve access to green financing and institutional capital. With few competitors currently specializing in renewable energy provision dedicated to electric heavy-duty vehicle charging, early investors gain exposure to a high-growth, high-barrier market segment with significant first-mover advantages.

Contact SPA for more information.