Reel, a spinoff of the Technical University of Denmark (DTU), has raised €5 million ($5.4 million) of seed capital to enhance its products and expand internationally. It is offering customized fixed price contracts to businesses based on solar and wind power purchase agreements (PPAs).
The developer said it installed and commissioned seven solar rooftops in just three months despite Covid-19 travel restrictions.
You’ll need to pay close attention to find the few mentions of solar in the long-awaited White Paper issued by the government to outline how it plans to hit net zero by mid century.
The unforeseen arrival of COVID-19 has brought many negotiations for corporate power purchase agreements to an abrupt halt in Europe, but this may not be all bad news for the sector write Daniel Marhewka, Lis Blunsdon and David Haverbeke, energy specialists at European law firm, Fieldfisher.
Days after announcing a deal to supply electricity from 326 MW of solar generation capacity, Spanish energy company Iberdrola has secured another long-term power supply contract.
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