December 16 (Renewables Now) - Swedish infrastructure fund Infranode I on Friday said it had signed an agreement with Danish solar park developer BeGreen to invest in the Vandel 3 solar scheme in Denmark, calling it the largest such project in the Nordics and the seventh largest in Europe.
The partners did not reveal the future solar park’s capacity in their joint statement, however, Danish engineering-focused news outlet Ingenioeren reports it to be up to 155 MW.
The Vandel 3 solar park will span the size of 250 soccer fields, covering 180 hectares (444.8 acres) of land at the decommissioned Vandel airport in Denmark’s Vejle municipality, according to the press release.
Infranode said its investment would leave BeGreen with a minority stake in the project and the responsibility to manage the construction, operations and maintenance (O&M) services of the solar park.
The Vandel 3 project will be 100% free of subsidies “from day one”, the Swedish investor added.
Construction is set to commence in early 2020, while first power is expected in 2021.
Once in operation, Vandel 3 will be capable of producing an estimated 152,000 MWh per year, or equal to the annual consumption of some 34,000 households.