German bank HSH Nordbank announced this week that it is providing Danish developer MC Finans with a long-term loan of approximately US$24.6 million for the financing of the Vandel 2 solar park in the municipality of Vandel / Billund in southern Jutland.
The first cross-border PV tender in Europe stood as a success, as five companies based in Denmark secured 50MW worth of solar capacity in the German bidding process.
A key theme of the Berlin Energy Transition Dialogue conference last week was how Germany’s Energiewende (‘energy transition’) has not only proven how to foster an explosion of renewable generation capacity through support schemes, but also how to integrate those renewables. Grid operators from Germany and Denmark discussed questions of feasibility, past, present and future.
