Encavis partners on Danish subsidy-free solar

Sep 4, 2020 03:42 PM ET
  • Arrangement with GreenGo Energy to develop first project as part of prepare for 500MW-plus of advancements
Encavis partners on Danish subsidy-free solar
Image: GreenGo Energy

Encavis and also GreenGo Energy have actually introduced prepare for a subsidy-free solar farm in Denmark, as part of an arrangement between the two companies to fund and create 500MW-plus of projects.

GreenGo chief executive Karsten Nielsen said the project, named M30, will certainly cover a location of greater than 360 hectares of land under lease.

He added that the solar park is expected to generate greater than 250 gigawatt-hours of power a year and also will power greater than 62,000 families.

Nielsen said: "Encavis, with their considerable and deep experience in solar across Europe is an ideal partner for M30.

" Besides bringing full cycle funding, Encavis assists structure as well as optimize the project with the execution process, as well as brings wide accessibility to potential PPA counterparties."

The project has the support of regional districts, GreenGo claimed.

Bronderslev Municipality mayor Mikael Klitgaard claimed: "First and also primary, I am really happy that our district has actually chosen to proceed with the prepare for the establishment of this ambitious solar park.

" Secondly, I delight in that the financing is currently safeguarded. We expect take advantage of eco-friendly solar power within a few years from currently."


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