Better Energy inaugurates its Studsvik Solar Park in Sweden at an opening event alongside its partners. The park is expected to produce 25 GWh of green energy annually and will provide green electricity for businesses in Sweden.
Better Energy’s Studsvik Solar Park is now producing renewable energy following its connection to the Swedish electricity grid.
Green electricity for businesses in Sweden
Through Power Purchase Agreements (PPAs), Vestre, Scan Global Logistics and Nolato will offtake renewable energy from the park for the next 10 years. The three companies have contributed to one of the largest solar parks in Sweden with their power purchases.
Speaking ahead of the opening event, the three companies shared how they expect the PPA to contribute to their sustainability strategies and businesses.
"At Vestre, we're committed to supporting the shift to clean energy. By agreeing to buy power from this renewable energy project, we're helping to increase the amount of green energy available. Our goal is to be a net producer of energy by 2030, through our own energy production and purchasing agreements with projects that create additional renewable energy," said Bjørn Fjellstad, CEO at Vestre.
“The renewable energy produced from Studsvik is another step in our sustainability strategy which allows us to contribute to the green transition. This is now the second Better Energy solar park from which we’re offtaking renewable energy, and we’re pleased to extend our partnership,” said Martin Andersen, Global Head of Sustainability & ESG at Scan Global Logistics.
“The green electricity we procure from this park helps us become a more sustainable company and gives us greater insights into our electricity costs. This is the right choice for our business and the environment,” said Christer Wahlquist, CEO of Nolato.
Partnerships highlighted at the opening event
The opening event highlights how partnerships are central to Better Energy’s approach to bringing renewable energy production online. Along with its PPA partners, Better Energy has collaborated with various organisations to realise the solar park. Studsvik, the operator of Studsvik Tech Park, where the solar park is located, sees it as an important addition to the tech park.
"By bringing together companies from the energy and innovation sectors, we provide a hub for developing sustainable solutions. That’s why it’s a pleasure to welcome Better Energy’s first Swedish solar park to our tech park," said Karl Thedéen, CEO of Studsvik.
“We’ve always believed that to move away from fossil-based energy sources and mitigate climate change, the Swedish energy sector must work together. Our collaboration with our PPA partners, Studsvik, Senergia and Vattenfall, shows that we can power the Swedish energy transition together,” said Andreas Brännström, Managing Director of Better Energy Sweden.
Momentum continues in Sweden
Studsvik Solar Park, 100 kilometres southwest of Stockholm, is Better Energy’s first large-scale solar park in Sweden, marking a significant milestone since entering the market in 2020.
Better Energy expects to complete its second large-scale Swedish solar park by the end of this year.
“Sweden requires a range of solutions to develop a renewable energy system, and this park shows that solar energy can contribute to the transition. Better Energy is looking forward to increasing its impact in the future,” concludes Andreas Brännström.
Media Inquiries
Lucas Benjamin Schmidt | Better Energy | +45 71 40 83 36 | lbs@betterenergy.dk
Marianne Otterdahl Møller | Vestre | +47 91 86 13 51 | mom@vestre.com
Camilla Døssing | Scan Global Logistics | +45 28 24 58 58| cdos@scangl.com
Glenn Svedberg | Nolato | +46 70 191 04 19 | glenn.svedberg@nolato.com
Ellen Gremo | Studsvik Tech Park | +46 76 002 10 22 | ellen.gremo@studsvik.com
About Vestre
Vestre is one of Scandinavia’s leading producers of urban furniture and has created social, sustainable meeting places for millions of people for over 70 years. Sustainability, locally produced materials, and the least possible environmental impact are pivotal to the company’s furniture production. Vestre is a Norwegian family-owned business, the products are manufactured in Norway and Sweden and are available in almost 200 different colours with a lifetime anti-rust warranty. In 2022, Vestre opened the new factory The Plus in Norway, a factory which has received the BREEAM Outstanding certification as the first factory in the world, cementing Vestre´s ambition of becoming the world´s most sustainable furniture manufacturer.
About Scan Global Logistics
Scan Global Logistics has a defined purpose of uncomplicating the world of logistics every day. As a full-service logistics provider, the company has a global track record to prove it. SGL offers end-to-end logistics solutions with a broad range of services across air, ocean, rail, road, warehousing or any combination thereof.
Deeply rooted in the company's DNA is a 'can-do-attitude' to see every challenge as an opportunity to do more, better, and learn. With a global network spanning six continents and over 3600 employees across +180 offices, the company works closely together to offer worldwide customised solutions. While doing so, SGL insists on creating a meaningful workplace rooted in the company's guiding virtues of Respect, Integrity, Entrepreneurship and Fun.
About Nolato
Nolato is a Swedish group with operations in Europe, Asia and North America. We develop and manufacture products in polymer materials such as plastic, silicone and TPE for leading customers within medical technology, pharmaceuticals, consumer electronics, telecom, automotive, hygiene and other selected industrial sectors. Nolato’s shares are listed on Nasdaq Stockholm in the Large Cap segment, where they are included in the Industrials sector. Learn more at www.nolato.com.
About Studsvik
Studsvik offers a range of advanced technical services to the global nuclear power industry. Studsvik’s business focus areas are fuel and materials technology, reactor analysis software, decontamination and radiation protection as well as technical platforms for handling, conditioning and volume reduction of radioactive waste. The company has more than 75 years’ experience of nuclear technology and radiological services. Studsvik has 530 employees in 7 countries and the company’s shares are listed on Nasdaq Stockholm. www.studsvik.com.
About Better Energy
Better Energy is a fully integrated renewable energy company that builds additional green energy capacity. We develop, build, own and operate large-scale renewable energy parks with a focus on local and regional value creation and a strong commitment to nature. The green electricity we produce provides companies with more certainty and allows them to have an impact beyond meeting sustainability targets. Learn more at betterenergy.com.
