5xSolar PV in Denmark
In the early days of renewable energy technology, it was favorited among developers, including European Energy, to invest in countries where there was a specific feed-in-tariff (FiT) available for renewable projects.
A FiT is a policy mechanism, designed to accelerate the investment in renewable energy technologies by offering long-term contracts to developers, thereby providing price certainty to assist in financing the projects. Nowadays FiTs are less common due to a number of factors, such as the stage of market adoption of renewables and grid parity in some mature markets. It only follows that when a FiT is available, it is an advantage to developers as it makes for a stronger business case.
European Energy had the opportunity to participate in a FiT in late 2016 from Germany, where the tender called for supply from not only German projects but also projects from Denmark and Luxembourg. Our company bid for and successfully won the entire 50MWp supply, which was to be distributed amongst 5 separate PV sites over Denmark (with a maximum of 10MWp capacity per site).
This particular venture had a number of interesting quirks, the least of all being the difference in physical location between supply and demand.
During construction at the Bodelyngsvejen site on Bornholm, our team stumbled upon a mass of archeological artefacts that date back to the Stone Age. Amongst these items was a fragment of an ancient axe. This historical discovery resulted in a 3 week construction delay, as a combination of professional and amateur archeologists ascended on the site to retrieve the items and deliver them to a nearby museum.
The sites themselves also presented the team with logistical challenges, as some were located on the Bornholm and Læsø islands in Denmark. Transport of both people and materials had to be carried out via ferry, and issues concerning the sea cables to be solved.
But despite these unusual aspects, the European Energy team commissioned all 5 parks in a mere 5 months, from construction start in January 2018 to fully-energized in May 2018 The team also completed the work on an additional 3 parks with 20 MW capacity concurrently with the 5 parks subject to the FiT, The parks provide green power to 7,000 people on Bornholm, and the site in Læsø has the capacity to supply the entire island with its power consumption needs, with the surplus to be exported back to Jutland.