European Energy Scandinavia Solar PV Park is a 130MW solar PV power project. It is planned in Scania, Sweden. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2025.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 130 | – | 130 | Announced | Scania, Sweden | European Energy |
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Description
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The project is being developed and currently owned by European Energy.
European Energy Scandinavia Solar PV Park is a ground-mounted solar project which is planned over 240 hectares.
The project cost is expected to be around $178.642m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2025.
About European Energy
European Energy AS (European Energy) is a renewable energy company that builds, develops, and finances wind and solar farms and large-scale green energy storage. The company offers services for solar and wind energy projects such as finding location and securing permits, construction and financing services. Its project includes Botsmark. European Energy provides advisory in relation to transactions of renewable energy plants. It also offers corporations and utilities power purchase agreement for new wind and solar farms. The company has partnerships with banks and suppliers, land owners, municipality and regional offices. It develops and constructs parks in Denmark, Sweden, Finland, Germany, Italy, Brazil, and in Mexico. European Energy is headquartered in Soborg, Denmark.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
