Alight has signed an agreement to build three photovoltaic parks in Sweden, which according to the company will be the largest in Sweden when they are built with a total installed capacity of 90MW.
The solar parks will be owned, built and operated by Alight, which has recently strengthened its team with the appointment of two new department heads.
The sustainable food company Axfood has signed a power purchase agreement (PPA) for a 40MW solar park that will provide 40GWh, while the industrial group Axel Johnson AB and its associated companies have signed a PPA for a 30MW solar park that will provide 30GWh. These two parks are expected to be completed by 1H 2023.
Previously, the food conglomerate Martin & Servera signed a PPA with Alight for an 18MW solar energy project to cover 40% of its operations. The plant is currently under construction with a completion date of Q2 2022 and will provide approximately 19GWh.
Axel Johnson and co will buy all electricity produced for at least ten years at a fixed price to protect themselves against volatility in the electricity market. Its President and CEO, Mia Livfors, said that the announcement marked a “significant step forward for the Swedish market for large-scale solar energy”.
“I hope that other companies will be inspired and realize the benefits of taking full control of their energy consumption while creating more renewable energy through their own facilities,” says Alights CEO Harald Överholm.
Installed solar in Sweden is now over 1GW after the country has seen a surprising growth in recent years, with 400MW installed only in 2020. In fact, BayWare will build a photovoltaic plant in Sweden with a capacity of at least 100MWp, as the developer of renewable energy sees a significant solar expansion in the country.
The length of the contracts for Axfood and Martin & Servera has not been announced.