European Energy offloads 50 MW Hanstholmvej solar project in Thisted

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European Energy A/S has signed an agreement for the sale of Solar Park Hanstholmvej in Denmark with a total capacity of approximately 50 MW. The buyer is the LHI Group, a German investment management company.

The solar park is the first of its kind in Denmark with bi-facial modules, meaning that the panels absorb sunlight from both sides of the panel. This increases productivity so that it can generate more green power in the same space compared to a traditional solar park.

A corporate power purchase agreement (CPPA) has been made with a large international company for the project. The CPPA is a long-term agreement, which ensures green electricity at a competitive fixed price for the customer.

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