PV steps in to cover coal and nuclear power shortfalls
The sunny, dry summer has seen solar break several records and PV kept the lights on when a lack of coolant – caused by rising river water temperatures – led to the temporary shuttering of conventional power plants in France and Germany.
Danish Energy Agency expects wind to be only winner in wind-solar tenders
In a report on the outlook for the Danish energy market, the agency predicted solar will keep having a minimal share in the country’s energy mix as it grows from around 900 MW to just 1.4 GW by 2030.
EU authorizes Denmark’s scheme for mixed wind-solar auctions
The budget for the first auctions of this kind, for the period 2018-2019, is around €112 million. They are part of Denmark’s new energy strategy, dubbed “Energy for a green Denmark.”
Nord LB finances Danish solar parks
The German bank will provide around €40 million. Part of the money is earmarked for PV projects awarded contracts in the first cross-border tender between Germany and Denmark.
Denmark to allocate around $690 million for mixed wind-solar auctions starting from 2020
The Danish government has released a new energy policy, which aims, among other things, to create more competition among clean energy technologies, and reduce the average level of support to renewables to 0.10 DKK (US$0.016)/kWh.
Copenhagen Infrastructure Partners raises €3.5 billion for renewables
The Danish investment firm will use the funds to finance wind, solar, biomass and geothermal projects across several markets. The final close of the fund exceeded its end goal by €500 million.
Denmark preps tender scheme for PV projects up to 1 MW
The Danish Energy Agency has now submitted the scheme for a public consultation. The tender’s budget for 2018 amounts to around 105 million DKK (US$17.4 million).
Wind giant Vestas taps solar, storage markets for hybridization drive
The Danish wind turbine producer to explore further development of hybrid renewable energy plants that combine wind, solar and battery storage at single location as wind growth rates ease in face of market consolidation.
Denmark’s Ørsted sets up solar and storage unit
The Danish energy group made the announcement in its latest financial results, where it stressed how its strategic transformation to a green energy company is progressing.
Øresund Bridge connecting Sweden and Denmark to be powered by solar
A 250 kW PV system will provide around 4% of the bridge’s energy needs. The project may be expanded to 700 kW.
