Electricity supplier Reel and project developer Energicenter Nord have entered into a five-year power purchase agreement (PPA) to facilitate the construction of a new solar park in Denmark, designed to generate 14 GWh of clean electricity annually.
This agreement has garnered support from a coalition of 25 Danish companies, including notable names such as Danica Ejendomme, Kvadrat, JP/Politikens Hus, Aquaporin, the Danish Society of Engineers (IDA), Viggo, and GPV Group.
The solar farm, which will be located in Mesballe, Djursland, is expected to commence operations by the end of 2024. Its output will be sufficient to power approximately 3,100 local homes each year.
“This PPA marks a significant milestone in our journey to make renewable energy accessible – and attractive – for all companies, regardless of size. We are especially pleased that the solar park's power will benefit so many local companies, ensuring even greater local value creation,” said Reel's CEO Jon Sigvert.
