European Energy completes sale of minority stake in 304MW Danish PV plant

Facebook
Twitter
LinkedIn
Reddit
Email
The site is in the municipality of Aabenraa, Denmark. Image: European Energy

Danish renewables firm European Energy has sold a 49% stake in its 304MW Kassø solar PV plant to Japanese conglomerate Mitsui & Co.

European Energy announced plans for the sale were in July, and the deal has now been completed. The solar project has been online since H1 2023, and Mitsui’s acquisition also includes a portion of the under-construction 52MW e-methanol facility connected to the solar project. The site is in the municipality of Aabenraa, Denmark.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Earlier this month, European Energy formed a new joint venture with French fossil fuels major TotalEnergies to develop 4GW of onshore renewables projects. August saw it announce plans for a 115MW Latvian PV project due to be operational in 2025, which builds on European Energy’s established presence in Latvia.

Elsewhere in Denmark, German developer Encavis began construction on its 132MW Ringkøbing solar park on the west coast of the country. Copenhagen Infrastructure Partners, one of the largest renewable asset managers in the world, closed US$6.1 billion in capital commitments for the first round of its latest fund this summer.

25 November 2025
Warsaw, Poland
Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.

Read Next

July 1, 2025
A five-year research initiative is underway in Australia to test the viability of floating solar systems on irrigation dams.
June 30, 2025
Voting on the US tax reconciliation bill is expected to begin in the Senate today, following a draft published on Friday that hit clean energy tax credits hard.
June 30, 2025
Australian module manufacturer Tindo Solar has secured a 30MW solar module supply agreement to power Australia's first "net zero pipeline”.
June 27, 2025
Renewables investment platform Nexwell Power has signed a round of power purchase agreements (PPAs) with “one of the largest” US tech companies for solar PV capacity to be built in Spain.
June 27, 2025
Statkraft has signed PPAs with Better Energy to purchase energy from two solar power plants in Poland with a total capacity of 64GWh.
June 27, 2025
Solar developer Lightsource bp has signed a power purchase agreement (PPA) with a subsidiary of Taiwanese energy firm HD Renewable Energy (HDRE).

Subscribe to Newsletter

Upcoming Events

Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece