Latest news with #DanskeCommodities
Yahoo
23-06-2025
- Business
- Yahoo
Ingerslev Å solar plant in Denmark begins production
BeGreen and its parent company Equinor have commenced operations at the 65MW Ingerslev Å solar plant in Jutland, Denmark. This is BeGreen's first project to reach production since being acquired by Equinor earlier in 2023. The 68-hectare site is equipped with more than 100,000 solar panels and features six transformer stations to support its operation. The Ingerslev Å solar park is expected to produce an estimated 68 gigawatt hours (GWh) annually. Equinor Renewables onshore and markets senior vice-president Anders Bade stated: 'This is another step in our ambition to establish a profitable onshore renewables business in select markets across Europe and the Americas. Currently, we have around 1.2GW of onshore capacity in production and under construction.' International tech-driven energy trading company Danske Commodities will handle the sale of electricity generated from the new facility on merchant terms in western Denmark's DK1 power market. Bade added: 'Our ownership of local companies provides a strong foundation for value creation by leveraging their on-the-ground expertise and maximising synergies with our trading house, Danske Commodities.' All four subsidiaries of Equinor that focus on onshore renewables and battery storage now have assets up and running. In another development, Equinor and Gwynt Glas have received the seabed leases from the UK Crown Estate to construct two floating wind farms in the Celtic Sea, each with a capacity of 1500MW. "Ingerslev Å solar plant in Denmark begins production" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
17-06-2025
- Business
- Reuters
Equinor picks CEO of energy trader as new head of gas and power division
COPENHAGEN, June 17 (Reuters) - Danske Commodities CEO Helle Ostergaard Kristiansen will step down to become head of the gas and power unit of parent group Equinor ( opens new tab, the trading house said on Tuesday. Danske Commodities' Chief Financial Officer Jakob Sorensen, who joined the company 20 years ago as a power trader, will take over as new CEO as of September 1, it said in a statement. Kristiansen replaces Helge Haugane who in April was named head of a new Equinor business area formed by the group's power assets. Danske Commodities, which specialises in power and gas trading, is active in more than 40 countries, including Australia, the United States, Brazil, Japan and all major European markets.
Reuters
11-06-2025
- Business
- Reuters
Danske Commodities signs deal with German energy purchasing group
COPENHAGEN, June 11 (Reuters) - Danish energy trader Danske Commodities said on Wednesday it had signed a power purchase agreement (PPA) with German energy purchasing group to deliver around 180 gigawatt hours (GWh) of electricity between July 2025 and December 2026. The deal corresponds roughly to the consumption of 48,000 households, Danske Commodities said in a statement, adding that the agreement will expand its existing partnership with "The collaboration with Danske Commodities marks a significant step in our mission to transform the German energy market into a more sustainable one," Boris Kaser, chair of the executive board at said. Danske Commodities is an energy trading unit of Norway's Equinor ( opens new tab.
