Better Energy Secures Funding for Danish Solar Park Expansion

Feb 2, 2024 02:09 PM ET
  • Danish renewable energy company Better Energy secures funding from Jyske Bank for 200-MWp solar parks, powering 131,000 Danes. Collaboration with Industriens Pension continues to expand.

Danish renewable energy company Better Energy has secured a funding deal with Jyske Bank to support a 200-MWp portfolio of solar parks in Denmark. The loan financing will be used for three photovoltaic (PV) plants that were built as part of Better Energy's partnership with pension fund Industriens Pension. The solar parks are already operational and will have an annual output of approximately 210,000 MWh, enough to power around 131,000 Danes. Better Energy and Industriens Pension have previously collaborated on the construction of 21 solar plants and plan to install 15 more in Denmark, Sweden, and Poland.

Better Energy has secured funding from Jyske Bank to support a 200-MWp portfolio of solar parks in Denmark. The loan financing will be used for three PV plants that were built as part of Better Energy's partnership with pension fund Industriens Pension. The solar parks are already operational and will have an annual output of approximately 210,000 MWh, enough to power around 131,000 Danes. Better Energy and Industriens Pension have previously collaborated on the construction of 21 solar plants and plan to install 15 more in Denmark, Sweden, and Poland.

What is the purpose of the funding secured by Better Energy for solar parks in Denmark?

  • The purpose of the funding secured by Better Energy is to support the development and operation of a 200-MWp portfolio of solar parks in Denmark.
  • The funding will be used specifically for three photovoltaic (PV) plants that were built as part of Better Energy's partnership with pension fund Industriens Pension.
  • These solar parks are already operational and will have an annual output of approximately 210,000 MWh, which is enough to power around 131,000 Danes.
  • The funding will help Better Energy and Industriens Pension continue their collaboration in the renewable energy sector.
  • Better Energy and Industriens Pension have previously worked together on the construction of 21 solar plants.
  • The partnership between Better Energy and Industriens Pension extends beyond Denmark, as they also plan to install 15 more solar plants in Sweden and Poland.
  • The funding secured from Jyske Bank demonstrates the financial support and confidence in Better Energy's solar park projects.
  • The development of these solar parks will contribute to Denmark's renewable energy goals and reduce reliance on fossil fuels.
  • The funding will also create job opportunities in the renewable energy sector and stimulate economic growth in the regions where the solar parks are located.
  • The solar parks will help reduce carbon emissions and combat climate change by generating clean and sustainable electricity.

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