September 26 (Renewables Now) - Solar energy developer and investor Obton announced that it has secured the rights to build its first solar park in Sweden, a facility with a targeted capacity of 15 MWp and situated southwest of Stockholm.
The project, which will be realised together with a local partner, is expected to achieve a ready-to-build status next June. The commissioning is anticipated to take place at the end of 2025.
Obton will be in charge of the studies, financing and construction of the future site.
The Danish firm noted that it is considering more projects in Sweden and is already analysing several solar and battery storage opportunities in the country.
Obton has a portfolio of over 1.7 GWp of solar PV projects. The company has more than 300 employees and EUR 3.5 billion (USD 3.70bn) in assets under management.
(EUR 1 = USD 1.057)
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