COWI has entered into partnership with Better Energy for a solar park in Europe. The duo has signed a 10-year PPA for the park.
The new 70MWh solar park is located nearby Hoby in Lolland Municipality in Denmark.
Under the agreement, COWI Denmark has contributed to a new solar park from which it will offtake green energy. In the past, the duo has already worked together for the development of Better Energy’s solar parks.
The solar park is likely to generate the green energy that can cater the power consumption of around 43,000 Danes. The solar park is already grid-connected.
Natalie Shaverdian Riise-Knudsen, group chief financial officer at COWI, was quoted in a statement, "Sustainability is at the core of COWI's DNA, and our extensive expertise in the field gives us a special responsibility to accelerate the green transition. That's why we have actively declined projects related to fossil fuel extraction, and with this PPA with Better Energy, we are contributing to ensuring that new green power is added to the electrical grid."
Meanwhile, Mikkel Thorup, director of PPAs at Better Energy, remarked, "We are very pleased to welcome COWI to a growing number of Better Energy partners and even more pleased with their contribution to a new solar park.
The project is expected to contribute to the transition to green energy.