Around 1GW of solar projects are to be developed by Better Energy in Denmark and Poland after the renewables company secured what it describes as a “historic agreement” with a Danish pension fund.
Copenhagen Infrastructure Partners has already raised €1.5bn of €10-14bn CI IV vehicle, set to back wind, solar and others across OECD states, developed Asian nations and Australia.
Danish player walks PV Tech through fundraising timetable and investment rationale of ‘Impact‘ vehicle set to focus on Germany, Ireland, France and the Netherlands.
Record-low PV and wind bids at latest tech-neutral auction suggest both can be deployed ‘very quickly’ without support, says ministry in remarks that set the scene for a policy shift.
Denmark outlines terms of tech-neutral tender, German Greens move against PV subsidy cap, Switzerland proposes shift to auctions, the Netherlands launches new subsidy round.
Deal to procure 1.6GW of renewables worldwide will see Silicon Valley giant purchase 720MW of PV in the US, 160MW in Denmark and 125MW from Chilean solar-plus-wind hybrid.
Traditionally wind-leaning Nordic state could witness PV surge from 998MW in 2018 to 5GW in 2030 and 7.3GW by 2040 via mix of auction and free-market approach, government stats show.
Firm unveils project construction launch alongside the sale of six subsidy-era Spanish solar plants with a combined capacity of 10.1MW in the first half of 2019.
