French-based independent power producer (IPP) Neoen and Sweden-based solar developer and IPP Alight have initiated the construction of the Hultsfred solar PV project in Småland, Sweden. This 100 MW solar project is a significant step towards Sweden’s renewable energy goals and is scheduled for completion by 2025.
The Hultsfred solar PV project, jointly developed and owned by Neoen and Alight, represents a milestone in Sweden’s renewable energy landscape. It is the largest solar project in the country, with a capacity of 100 MWp. The project is strategically located in Hultsfred, Småland, in the southeast of Sweden. It will be connected to the E.ON local grid distribution system and features an innovative design using low-carbon photovoltaic (PV) panels installed around the runway of Hultsfred airport.
Upon completion, the Hultsfred solar farm is expected to generate enough electricity to power over 18,000 Swedish households. The project’s significance extends beyond its capacity, as it plays a crucial role in Sweden’s transition to a more sustainable energy future.
Renewable Energy Partnerships
One of the key elements of this project is the long-term power purchase agreement (PPA) signed with H&M Group at the end of 2022. Under this agreement, the Hultsfred solar farm will provide 95% of its renewable energy output to H&M Group, a major Swedish fashion chain. This partnership aligns with H&M Group’s ambitious goal to source 100% of its electricity from renewable sources by 2030. The project will supply the fashion retailer with renewable energy and guarantees of origin produced on-site.
The construction of the Hultsfred solar farm will be managed by a consortium led by Bouygues Energies & Services and Solkompaniet. These experienced engineering, procurement, and construction (EPC) contractors are well-equipped to ensure the successful completion of this groundbreaking project in the Nordic region.
Contributions to Sweden’s Energy Transition
The Hultsfred solar farm is a significant addition to Sweden’s energy production, particularly in the southern region, where the demand for cost-effective electricity is high. This initiative reflects the growing interest in connecting renewable energy facilities to the grid and contributes to both climate action and the expansion of domestic electricity production.
Statements from Key Figures
– Laetitia Prot, Head of Business Development for Neoen Sweden, highlighted the Hultsfred solar farm as a critical element in Sweden’s transition to a net-zero carbon economy by 2045. Neoen views this project as part of a long-term approach to supply competitive, local, renewable energy.
– Harald Överholm, CEO of Alight, expressed his excitement about moving the project into the construction phase, emphasizing the significance of this project for Sweden’s sustainable future.
– Martin Höhler, CEO of E.ON Energidistribution, recognized the importance of the Hultsfred solar farm in southern Sweden’s electricity production and its contribution to climate and energy expansion.
– Xavier Barbaro, CEO and Chairman of Neoen, emphasized the fruitful collaboration between France and Sweden and Neoen’s significant investments in Sweden, positioning the country as one of their most promising markets.
The Hultsfred solar farm represents a significant milestone in Sweden’s journey towards a sustainable and renewable energy future, providing clean electricity to Swedish households and supporting the renewable energy goals of a major fashion retailer, H&M Group. The construction of this project underlines the collective commitment of Neoen, Alight, and their partners to accelerate the transition to a more sustainable and environmentally friendly energy landscape in Sweden.