- Better Energy and Andel will build 15 solar energy parks with a capacity of 2 GWp.
- The partners will start with four projects totalling around 750 MWp.
Better Energy, a Danish renewables company and Andel, a fibre-optic group, have teamed up on a billion-euro investment to build 15 solar energy parks in Denmark. The timeline for the project is between 2024 and 2028, with an overall expected capacity of 2 GWp. The companies said the partnership will see each own 50 per cent of the completed portfolio. The partners will start with four projects totalling around 750 MWp, expected to begin generating electricity in 2024 or 2025.
The four parks ready for construction include a 107 MWp scheme near Vedde in Soro municipality, a 187-MWp project near Kong Mose in Vordingborg municipality, a 329 MWp scheme near Radsted and Graenge in Guldborgsund municipality and a 120 MWp site near Salto in Naestved municipality. The chief executive of Better Energy, Rasmus Lildholdt Kjaer, said Andel, one of Denmark’s largest companies in terms of revenue, will soon be able to call itself one of Denmark’s largest co-owners of green energy production on land.
According to Andel’s chief executive, Jesper Hjulmand, wind and solar power on land are Denmark’s fastest ways to expand renewable energy. Hjulmand said the ambitious agreement with Better Energy will also contribute significantly to Andel’s goal of reaching renewable energy production of 10 TWh in 2035. Better Energy will manage the projects’ development, construction and technical operation. The company explained that the proposed developments will enter the portfolio once they become construction-ready. While the power plants will be jointly owned, the parties will market their share of the power generation separately.