GreenGo Expands to Germany: 500MW PV Pact with Encavis
Sep 11, 2023 01:10 PM ET
- GreenGo Energy and Encavis AG have partnered to provide 500MW of solar energy to the German market. Their success in Denmark has resulted in a 1.1GW total project portfolio, and the companies plan to expand their operations in Germany.
GreenGo Energy has entered the German market with a 500MW solar partnership with Encavis AG. The two partners first established their partnership in 2019 and have since then created more than 280MW of solar generation capacity in Denmark. With the new agreement, the total project portfolio of GreenGo and Encavis has reached 1.1GW. The companies plan to continue their success and expand into Germany, where GreenGo is rapidly increasing its footprint.
What is the Impact of GreenGo-Encavis Partnership in Germany?
- The new partnership between GreenGo and Encavis will help expand renewable energy sources in Germany and in the surrounding countries.
- The agreement will help GreenGo expand its presence in Germany, creating more jobs and increasing investment in renewable energy.
- The partnership creates a platform for GreenGo to launch future projects in Germany, helping reduce emissions and lower the cost of electricity.
- The agreement forms a strong backbone for GreenGo to further its mission of connecting clean energy sources with the needs of customers in Germany.
- The partnership will create new and innovative ways to finance renewable energy projects in Germany and in other European countries.
- The agreement will help promote the growth of renewable energy in Germany, incentivizing more companies to invest in this sector and supporting the country’s goal of reaching 100% renewable energy by 2050.
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