Alight has signed a 12-year power purchase agreement (PPA) with food retail group Axfood, for the 64 MW solar photovoltaic project located in Hallstavik outside Norrtälje, Sweden.
The project will be constructed on about 71 hectares of land and can generate up to 63 GWh of clean energy per year. For the first time in Sweden, Alight plans to use non-recourse project financing for the project. Traditionally, PPA-backed solar assets have been financed with local equity.
The construction of the solar farm is expected to start by June 2023 with target commissioning in Q2 2024.
Country updates
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May 31, 2023
Northvolt completes construction of energy storage system production facility in Poland
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Forvia signs 10-year PPA for Klevberget wind project in Sweden
Faurecia, a company of the group Forvia, has signed a 10-year Power Purchase Agreement (PPA) with Renewable Power Capital (RPC) for the 146 MW wind farm located in the municipality of Ånge,...
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Ørsted starts construction at 70 MW e-methanol project in Örnsköldsvik
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May 24, 2023
PPA signed for 140 MW Wind Farm in Sweden
Vattenfall has reached an agreement with Volvo Group to sell 50% of the electricity produced at the 140 MW Bruzaholm wind project over a 10-year period.
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May 09, 2023
MoU signed for 600 MW Hydrogen project in Sweden
ABB has signed a Memorandum of Understanding (MoU) with Lhyfe and Skyborn to develop the 600 MW SoutH2Port hydrogen project in Sweden.
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