ENCAVIS AG reaches ready-to-build (RTB) status for a further solar park in Denmark with a generation capacity of 132 megawatts
Hamburg-based wind and solar park operator Encavis AG, listed on the MDAX of Deutsche Börse AG has now reached the ready-to-build (RTB) status for its 132 megawatts (MW) solar park project in Ringkøbing on the Western North Sea coast of Denmark, an extremely attractive location. It is the third project of the Strategic Development Partnership with GreenGo Energy in Denmark, with a total of around 600 MW. Photovoltaic sites in Denmark are particularly interesting because solar power generation benefits from significantly higher prices in low wind periods.
In about two and a half years, we have more than 280 MW of generation capacity from photovoltaic projects of our Strategic Development Partner GreenGo Energy in Denmark realised or under construction, says Mario Schirru, Chief Investment Officer/Chief Operating Officer (CIO/COO) of Encavis AG, welcoming the project's ready-to-build status. He adds: Our Danish solar park portfolio now comprises almost 400 MW and, together with Germany (over 400 MW) and Spain (583 MW), is one of our largest solar park portfolios in Europe. The involvement of Encavis in Denmark is thus also a contribution to the further diversification of our activities in the growth market of subsidy-free solar energy.”
Commissioning of the state-of-the-art park, with bifacial solar modules mounted on single-axis trackers, is expected for the first quarter of 2026. It is planned to sign a 10-year pay-as-produced Power Purchase Agreement (PPA).
“This is a milestone. For us, for our partnership with Encavis and for the green energy transition in Denmark. We have now reached RTB of this expansive 270 hectare solar park in Ringkøbing. With a capacity of 132 MW it is one of the largest solar parks in Denmark. The project forms a natural second and larger phase of the M01 project we jointly commissioned with Encavis earlier this year, and it is a clear demonstration of momentum for the energy transition in Denmark. Further it is a testament to our scalable platform and how we advance large project portfolios efficiently with recurrent partners like Encavis AG”, says Karsten Nielsen, CEO of GreenGo Energy.
