Hydro Rein wins two solar projects in Sweden
Hydro Rein has signed agreements with GreenGo Energy to acquire and develop two early phase solar projects in Southern Sweden. The projects have combined 118 MW capacity and are in area SE4, with land lease agreements signed. Construction is expected to begin in 2027, with production starting in 2028.
The acquisition will give Hydro Rein, Hydro’s dedicated company for renewables development, 100 percent ownership of the projects. Through the agreement, GreenGo Energy will be responsible for developing the projects in the portfolio, while Hydro Rein will take the lead on contractual setup and all services related to the projects, including structuring, route to market, construction and operations.
The projects have a total estimated peak capacity of total 118 MW. The estimated total annual production is 143 GWh. Site assessments are currently ongoing and interconnection requests to the grid company for the projects have been filed.
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