European Energy attaches 34MW Danish solar

Dec 3, 2021 03:04 PM ET
  • The developer has actually linked its Svinningegarden project to the grid after less than a year of construction
European Energy attaches 34MW Danish solar
Image: European Energy

European Energy has actually completed and also connected to the grid its 34MW Svinningegarden solar farm in Denmark.

The sproject, situated near Holbaek, has been incomplete given that March and will certainly be able to supply the power usage of more than 6500 houses.

The Danish company said it is presently discussing the sale of the solar farm with an unrevealed party as well as expects to close a deal prior to completion of the year.

European Energy ceo Knud Erik Andersen stated: "The level of building and construction task for European Energy has actually never ever been higher.

" We're devoted to the growth of eco-friendly energy as well as prior to the end of 2021, we will certainly see the conclusion of much more projects from European Energy."

European energy stated it had 27 projects incomplete in seven nations at the end of Q3 2021 as well as anticipates to satisfy its end of the year targets with EUR80m in EBITDA as well as EUR50m in profit after tax.

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