better energy

Last week, Better Energy postponed the deployment of a 3GW solar PV portfolio in Denmark, blaming “lagging” demand for renewable power.

One of the “market signals” the company cited is an increase in negative electricity prices across Europe, as supply exceeds demand.

Better Energy has signed a PPA with Fujifilm Diosynth Biotechnologies to sell electricity generated at its 107MW solar project in Vedde.

Under a new set of PPAs, Statkraft will purchase power from Better Energy’s Krapkowice solar power plant for ten years.

Andel and Better Energy have entered a joint partnership to build a portfolio of “energy parks” with a total power capacity of 2GW.

Danish developer Better Energy and pension fund Industriens Pension have expanded their partnership with a further investment of €800 million in solar parks across Northern Europe.

Danish developer Better Energy has partnered with Finish solar company Forus to develop more than 1GW of solar PV in Finland.

With electricity consumption in Denmark expected to double in the next nine years, driven in part by the electrification of heating and transport, the country’s solar sector is hopeful that authorities will finance much-needed grid upgrades in a way that doesn’t stymie renewables deployment.

Danish solar company Better Energy is expecting to improve its financial performance this year thanks in part to its transition from a project developer to an independent power producer (IPP).

Around 1GW of solar projects are to be developed by Better Energy in Denmark and Poland after the renewables company secured what it describes as a “historic agreement” with a Danish pension fund.