BETTER ENERGY

Better Energy, founded in Denmark in 2012, is an independent power producer (IPP) focused on driving the renewable energy transition across Northern Europe. With operations in Denmark, Poland, Sweden, and Finland, Better Energy has established itself as a major player in the renewable energy sector, producing solar power while contributing to biodiversity preservation. The company operates large-scale energy parks and develops clean energy solutions, with the goal of providing affordable, sustainable energy that benefits both ecosystems and the economy. In 2023, the company produced 941 GWh of green energy, enough to power over 250,000 households.

Better Energy operates with a vertically integrated business model, managing every aspect of its renewable energy projects—from land selection and community engagement to the development, construction, and operation of solar power plants. This end-to-end control allows Better Energy to optimize its processes, reduce costs, and maintain a lean approach to energy deployment. The company’s integrated value chain ensures that it can seamlessly scale projects across multiple countries, maintaining a strong focus on innovation and efficiency.

The model enables Better Energy to deliver renewable energy at the lowest possible cost while ensuring a continuous stream of large-scale solar projects.

In 2023, Better Energy's development portfolio grew to 14,543 MWp.

Better Energy's impact extends beyond energy generation. By combining solar power production with nature conservation efforts, the company has set a precedent for how renewable energy can coexist with biodiversity. For instance, in Denmark, the Blangslev solar plant pilot project incorporated seven distinct biodiversity initiatives aimed at enhancing local ecosystems. This focus on nature preservation reflects Better Energy's long-term vision of creating "impact that matters," both for people and the planet .

In terms of growth, Better Energy has been expanding its portfolio of projects across Northern Europe, with a particular focus on meeting regional energy demands. The company expects to significantly increase its revenue and output in 2024, with projections of revenue between DKK 4,000-4,600 million and a focus on hybrid projects that integrate wind power and battery storage. By continuing to innovate and expand its project offerings, Better Energy is well-positioned to lead the renewable energy transition in Europe, ensuring that its efforts result in lasting environmental and societal benefits.

Read Better Energy's 2023 Integrated Annual Report