Better Energy PPA With 12 Companies

• Better Energy has announced new solar PPA with 12 local Danish companies
• The subsidy-free solar facility will produce 70,000 MWh annually on completion in 2023
• It will also build its 1^st subsidy-free solar park in Poland under a separate 10-year PPA with Statkraft

Danish solar power company Better Energy has secured 12 local companies as offtakers for a 'completely new solar park' it will build calling it a 'blueprint for how multiple companies can come together and contribute directly to the green transition'.

The new PV project will produce close to 70,000 MWh annually when it comes online in 2023. Power generated will be enough to cater to electricity consumption of around 44,000 denizens on an average.

"Companies can make a world of difference in the green transition by demanding new and subsidy-free green power. By pooling their electricity needs, these 12 different companies are leading by example," said Executive Vice President of Power Solutions at Better Energy, Peter Munck Søe-Jensen. "Their accumulated demand will result in newly built renewable energy, which is exactly what we need to achieve our climate goals."

The companies that have signed up for the power purchase agreement (PPA) are audiological diagnostics equipment maker GN Group, logistics provider Bravida Scan Global Logistics, PA Savværk og Wiking Gulve (PA Sawmill and Viking Floors), mattress maker Tempur Sealy, self-adhesive labels provider Labelco, cookware supplier Scanpan, plastic fabricator Malte Haaning Plastic, roofing supplier Petersen Tegl, electric utility Blue Energy, packaging companies Polyprint and media corporation Egmont.

While the private sector accelerates the pace of solar power development in the country, Denmark's 3^rd technology neutral energy auction in October 2021 had no bids coming in (see No Show For Denmark's 2021 RE Tender).

Separately, Better Energy has also signed a 10-year PPA with Statkraft for the construction of a new subsidy-free solar park in Poland with 36 MW capacity. Both the partners said it is the country's 1^st subsidy-free utility based solar PPA, along with being Better Energy's 1^st subsidy-free solar project in Poland. This one is also expected to come online in 2023 in Resko region.

Previously in January 2021, BayWa r.e. announced signing PPA with a cement company for Poland's 1^st subsidy-free solar park (see '1^st' Subsidy Free Solar Park In Poland Seals PPA).