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EUR201620172018
EBITDA(<1m)(<1m)(<1m)
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Source: Dealroom estimates

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Recent News about Sweetch Energy

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Sweetch Energy is a pioneering company in the renewable energy sector, focusing on the development and deployment of osmotic power technology. This technology harnesses the natural energy generated from the difference in salt concentration between seawater and freshwater to produce electricity. Sweetch Energy aims to address the growing global electricity demand, which is expected to double by 2050, by providing a sustainable and scalable energy solution.

The company operates in the renewable energy market, targeting utility companies, governments, and large-scale industrial clients who are seeking to reduce their carbon footprint and transition to cleaner energy sources. Sweetch Energy's business model revolves around the production and distribution of osmotic power, which is 100% clean, permanent, and cost-effective. The company generates revenue through the sale of electricity produced by its osmotic power plants and through partnerships and licensing agreements with other energy providers.

Sweetch Energy's innovative approach has garnered significant recognition, including winning the 2023 Hello Tomorrow Global Challenge. The company's mission is to contribute to a net-zero future by making osmotic power a new pillar of the global electricity mix, thereby reducing emissions and combating climate change.

Keywords: osmotic power, renewable energy, clean electricity, scalable solution, utility companies, industrial clients, carbon footprint, net-zero future, energy transition, global electricity mix.

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