The first project in a partnership between Danish solar and wind energy developer European Energy and Denmark's Green Investment Fund will recycle turbines in a new wind farm.
European Energy has initiated a cooperation with Denmark’s Green Investment Fund (DGI), and their first project is a wind farm in Sweden, writes EnergyWatch.
“We are pleased to cooperate with Denmark’s Green Investment Fund. A large part of the work we do in a company such as ours involves raising capital for new projects. It helps us significantly that Danish companies now have access to capital from such a partner with solid competencies in all aspects of transitioning toward green energy,” said European Energy CEO Knud Eric Andersen.
The new wind farm is located in southwestern Sweden and will feature five Vestas turbines. However, these five turbines have certainly not just rolled off the manufacturer’s assembly lines. Rather, they are being recycled from previous use. The turbines have been disassembled, renovated and upgraded.
The wind farm will have a total capacity of 10 MW.
“European Energy has already left a lasting impression on renewable energy in Denmark as a project developer. It is important to have actors that are capable of developing renewable energy in Denmark. Our goal is to reduce the cost of energy from renewable sources. This requires us to focus on the entire value chain within renewable energy and all associated competencies,” said DGI director Michael Zöllner.
The wind farm was commissioned and connected to the grid in October.