Photo voltaic developer GreenGo Power Group a/s is planning to construct a inexperienced vitality park in Denmark, powered by 4 GW of wind and photo voltaic vitality, to provide greater than 1 million tonnes of inexperienced fuels yearly.
The vitality park, dubbed Megaton, might be situated within the Ringkøbing-Skjern municipality, western Denmark, and would require investments of about DKK 60 billion (USD 8.75bn/EUR 8.06bn).
The built-in facility will embrace a 2-GW electrolysis plant which ought to be operational earlier than 2030. The manufacturing of inexperienced fuels on the park might be powered by a mixture of photo voltaic and wind vitality — about 2 GW will come from onshore wind and photo voltaic tasks in GreenGo Power’s improvement portfolio within the municipality and an extra 2 GW might be added from the corporate’s offshore wind improvement portfolio in Denmark.
The mix of the vitality sources is anticipated to generate 11.5 TWh yearly and make sure the steady and balanced operation of the electrolysis plant. Greater than 85% of the facility might be used on the vitality park for the manufacturing of inexperienced fuels whereas the excess warmth and energy might be fed into the native district heating system and used for brand spanking new industries similar to greenhouses and vertical farming.
“With the Megaton project and the development of one of the world’s largest energy parks in Western Jutland, we will once again put Denmark on the world map as a leader in the transition to 100% green power and the green fuels that are necessary to achieve the global climate goals towards 2050,” commented GreenGo Power’s chief govt Karsten Nielsen.
GreenGo Power will associate on the mega venture with the Ringkøbing-Skjern municipality which sees nice potential for creating worth within the area. The initiative will create between 300 and 500 everlasting native jobs and result in new enterprise alternatives similar to vertical farming.
Megaton is anticipated to play a key position in Denmark’s ambition to quadruple onshore renewable vitality and construct an electrolysis capability of 4 GW-6 GW by the tip of this decade.
(DKK 1 = USD 0.146/EUR 0.134)
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