denmark solar energy

LEGO Installing Another Large Solar Power Plant

LEGO is trying to rapidly increase its use of renewable energy. That includes solar power, of course, the cheapest option for new electricity capacity or generation. The Denmark-based company is thus now building a new solar power plant. The solar power plant is being built in Billund, Denmark. “The solar … [continued]

Danish Solar Auction Garners 5.4¢/kWh Average Price Bid!

5.4¢/kWh is on the low end of Lazard’s estimated levelized cost of energy (LCOE) for solar power plants. It’s not far below it like recent bids in the Middle East — but this is Denmark! If an immature solar market in a Scandinavian country can see an average solar price of 5.4¢/kWh — which beats the LCOE from every other new power plant option except wind — that’s a significant milestone.