Beyond the Board: The Future of Innovation—Why the Electronics Industry Needs You
American Made Advocacy: New Congress, New Opportunities
The Government Circuit: News on Defense Electronics, Europe, and Sustainability
GPV Enters Power Purchase Agreement for Danish Solar Park
September 26, 2024 | GPVEstimated reading time: Less than a minute
Recently, GPV entered into a Power Purchase Agreement (PPA) with Reel for its Danish entities. The PPA supports the construction of a 14,00 GWh/year solar park situated at Mesballe on Djursland in Denmark.
With the agreement, GPV purchases approx. 5% of the solar park’s expected production. The electricity will be used at GPV’s two Danish production sites in Tarm and Aars. The agreement covers around 1/3 of GPV’s Danish electricity consumption at the two Danish production sites.
The agreement is valid for five years from when the park is put into operation, expected in December 2024.
“I am very pleased with this agreement which will bring us one step closer to our GHG 2028 target. We have ambitious targets to reduce our scope 1 & 2 carbon emission intensity by 70% towards 2028 (baseline 2020) through various reduction and optimisation initiatives as well as through PPAs and we are actively looking into pursuing additional PPA agreements in other European countries,” says Bo Lybæk, CEO at GPV Group A/S.
Share on:
Suggested Items
DroneDeploy, GEODNET Foundation Announce Partnership to Provide Enterprise RTK Services for Drone-based Reality Capture
02/27/2025 | BUSINESS WIREDroneDeploy, the leading aerial and ground reality capture and robotics platform, announces the signing of a partnership agreement with the GEODNET Foundation, the world’s largest precise location Real-Time Kinematics (RTK) network.
Panasonic Avionics and Riyadh Air Sign Landmark 10-Year Turnkey Maintenance Agreement
02/24/2025 | Panasonic AvionicsPanasonic Avionics Corporation (Panasonic Avionics) has announced a landmark 10-year agreement with Riyadh Air, Saudi Arabia’s premium global airline, to provide in-flight entertainment maintenance support for their fleet of confirmed orders of 39 Boeing 787 Dreamliners.
Siemens to Accelerate Customer Time to Market with Advanced Silicon IP Through New Alphawave Semi Partnership
02/12/2025 | SiemensSiemens Digital Industries Software today announced that it has signed an exclusive OEM agreement for its EDA business to bring Alphawave Semi’s portfolio of high-speed interconnect silicon IP to market through its sales channel.
FTG Completes New Banking Agreement
01/31/2025 | Globe NewswireFiran Technology Group Corporation announced that is has completed a new 3-year banking agreement with BMO Corporate Finance, which matures December 11, 2027.
SK Telecom, SK hynix and Penguin Solutions Sign Collaboration Agreement for AI Data Center Solutions
01/14/2025 | SK TelecomSK Telecom announced that it has signed a collaboration agreement with SK hynix and Penguin Solutions to pursue joint research, development, and business promotion of artificial intelligence data center (AIDC) solutions.