Telia and Telenor have entered into a Power Purchase Agreement (PPA) with Better Energy that ensures 125 GWh of new green and subsidy-free electricity will be added to the Danish electricity grid.
With the new funding stream, Better Energy are set to build a new solar park, which is expected to be grid-connected within three years. The solar park will supply green energy to Telia and Telenor’s mobile network, as the agreement will cover approximately 75 per cent of the companies’ power consumption related to the network.
“With the agreement, we are taking a major and important step towards Telenor’s goal of being 100 per cent CO2 neutral by 2030. We must act swiftly and decisively if we are to reduce the emission of greenhouse gases into the atmosphere, and we are very pleased that we are expanding the pool of green energy in Denmark with this agreement,” said Lars Thomsen, CEO of Telenor Denmark.
“Today, CO2 emissions from the operation of the mobile network account for about a third of our total emissions. That’s why we are committed to providing the best possible networking services with the smallest possible carbon footprint. With the agreement, we contribute significantly to the expansion of renewable energy production, which is completely in line with Telia’s ambition of zero emissions by 2030”, said Petr Cermak, CEO of Telia Denmark.
Better Energy says that companies can make a direct difference by buying new, green, and subsidy-free energy that significantly reduces CO2 emissions, and at the same time has a real effect on the supply of additional green power electricity.
“We are facing three urgent crises in Europe: a climate crisis, a biodiversity crisis, and an energy crisis. How rapidly we adapt to renewable energy is crucial to the world we will live in afterward. With this agreement and the active choice to buy new green energy, Telia and Telenor help accelerate the green transition in Denmark and Europe,” said Rasmus Lildholdt Kjær, CEO of Better Energy.
