After a power purchase agreement for a 125 MW solar project was announced in February, similar deals appear to be cropping up. Danish PV analysts, however, warn of the potential risks of such a model and say the green commitments of big electricity consumers may not be enough to spur growth in the segment.
Copenhagen Infrastructure Partners’ new fund, CIP New Markets Fund I K/S, will invest in renewable energy infrastructure, including solar, in countries throughout Latin America and Asia.
The Solarville project, by Ikea’s Danish research and design laboratory, has seen the participation of blockchain companies such as Bloc, Blocktech, WeMoveIdeas India and Temporal. It was conceived to help create cooperative community micro-grids to enable homeowners to become clean energy traders.
A new report suggests that better guarantee mechanisms and securities could unlock more investments from Scandinavia for renewable energy projects in developing countries. Overall, however, it finds that Norway, Sweden and Denmark have comprehensive mechanisms in place for bringing together industry and public support schemes.
Although wind power had the largest share with 165 MW of capacity, solar was able to secure the same number of projects and a total capacity of 104 MW. The Danish Energy Agency had received 17 bids, including 280 MW of solar projects.
The Internet giant began construction on what will be its fifth datacenter in Europe. The €600 million facility will be powered exclusively by clean energy sources, the company said.
The tender concluded with a final price ranging between DKK 0.1000 (US$0.15) to DKK 0.1490 (0.22) per kWh. Overall, nineteen 1 MW projects from eight different bidders were selected.
Two weeks after issuing a tender for solar up to 1 MW, the Danish Energy Agency has now launched a second tender scheduled for this year, for large-scale solar and wind projects. Selected schemes will be eligible to receieve a premium feed-in premium over a 20-year period.
Through the exercise, the Danish Energy Agency will allocate around 35 MW of PV capacity. The $16.7m tender was originally scheduled for last year.
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