Southern Lights

Southern Lights is a Swedish software-as-a-service (SaaS) company focused on accelerating the green transition by digitizing the development of green hydrogen and Power-to-X projects. Founded in 2022 by Felipe Gallardo, Anton Frisk, and Gustav Ekberg, the Stockholm-based startup provides a platform that helps energy companies, investors, and consultants to design, simulate, and assess the feasibility of their projects. The company was born from CEO Felipe Gallardo's decade of experience in energy project development, where he identified inefficiencies in the sector, especially for emerging technologies. This led him to develop initial models and tools that would later become the foundation for the company's platform. The founding team combines deep energy and hydrogen industry knowledge from Gallardo, a serial entrepreneur in the hydrogen space with Anton Frisk, and SaaS-building experience from CTO Gustav Ekberg.

The company's core offering is a digital platform that integrates techno-economic datasets, modeling, and AI-based analytics to de-risk decision-making and improve cost-efficiency for projects from origination to the Final Investment Decision (FID). The software allows users to define project parameters, simulate real-world conditions with high-resolution energy models, and optimize system configurations to maximize profitability. In June 2024, the company launched a Green Ammonia feature to further streamline design and conceptualization for Power-to-X projects. Southern Lights operates on a subscription-based business model, providing its software and on-demand consultancy to clients. The platform aims to serve as the digital layer for the entire green hydrogen value chain. The company has already attracted customers in over ten countries across Europe, the USA, and Latin America. In March 2024, Southern Lights announced it had raised €1.6 million in a funding round led by Greencode Ventures to support its growth.

Keywords: green hydrogen, Power-to-X, SaaS, project development, energy transition, feasibility studies, techno-economic analysis, project simulation, green ammonia, renewable energy software, energy modeling, cleantech, energy investment, project finance, conceptual design, LCOH, system optimization, energy analytics, climate-tech, hydrogen economy