European Energy A/S, a Danish renewables company, has announced several significant achievements across Europe in the past ten days. These accomplishments include successful power auctions in Romania and Poland, a state subsidy in Lithuania, and the operation of a new solar farm in Denmark.
Key Achievements
- Romania Wind Project
European Energy was a winner in Romania’s inaugural contract-for-difference (CfD) auction, securing a 15-year CfD for a 126-MW wind project at a price of EUR 65.7 (USD 68.5) per MWh. Construction is expected to begin in the third quarter of 2025, with grid connection anticipated by the end of 2027. - Poland Battery Storage
In Poland, the company secured a 17-year contract for 114 MW across four battery energy storage projects, with plans to connect the batteries to the grid by 2027. - Lithuania Battery Storage Subsidy
European Energy also obtained a state subsidy for a 12-MW/48-MWh battery storage project in Lithuania, marking a new business area for the company. Construction is planned to start in the final quarter of 2025, with operations expected by the third quarter of 2026. - Latvia Solar Project
In Latvia, European Energy sold a 50% stake in a 148-MW solar project to Danish pension scheme manager Sampension. This solar farm is currently under construction and is expected to be completed by the fourth quarter of 2025. - UK Solar Projects
The company also sold three solar projects totaling over 115 MW in the UK, further expanding its footprint in the renewable sector. - Germany Onshore Wind Repowering
In Germany, European Energy partnered with investment firm Novo Holdings A/S to repower 151.9 MW of old onshore wind farms. - Denmark Offshore Wind Projects
Back in Denmark, European Energy sold stakes in the 240-MW Jammerland Bay and 165-MW Lillebaelt South offshore wind projects to TotalEnergies SE (EPA:TTE). Both projects are shovel-ready and are scheduled to go online by 2029. - Holsted Solar Park Operations
Additionally, the company has commenced operations at the 175-MW Holsted Solar Park, one of three solar farms in Denmark directly connected to the high-voltage grid.
Conclusion
These achievements reflect European Energy’s commitment to advancing renewable energy initiatives across Europe, contributing to the transition to a sustainable energy future.
