COWI Denmark and Better Energy have formalized a 10-year power purchase agreement (PPA). Through this agreement, COWI Denmark has made a commitment to source environmentally-friendly electricity from a newly established solar park.
COWI, in conjunction with several other firms from various industries, has played a role in the creation of a 70-gigawatt-hour (GWh) solar park situated near Hoby in Lolland Municipality.
This solar park is now connected to the grid and will generate an amount of clean energy equivalent to the electricity consumption of approximately 43,000 people in Denmark.
These two companies have previously collaborated on certain aspects of Better Energy’s solar park developments.
Group chief financial officer at COWI, Natalie Shaverdian Riise-Knudsen, stated “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.”
Director of PPAs at Better Energy, Mikkel Thorup, included “We’re 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.”
“A PPA is not only a choice to move toward more sustainable business practices, it also directly contributes to the transition to green energy.”
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