About us

European Energy is a global company founded in Denmark in 2004

Delivering renewable energy solutions since 2004

We back creative ideas, finding new ways to electrify without the use of fossil fuels

European Energy has been operating for 18 years and has expanded its operations to include teams in more than 15 countries. Partnering with industry, community and government, we realise creative solutions to diverse clean energy needs. The Australian team is excited to unlock the significant clean energy potential of this resource rich nation.

Established in 2004

European Energy was founded in Denmark in 2004 by Knud Erik Andersen and Mikael D. Pedersen.

~700 employees

By year-end 2023 we reached 700 employees worldwide and we expect to grow with many more new colleagues in 2024.

+20 offices

We have offices in more than 20 countries and we strive to open local offices in the markets where we have construction and operational projects

How we operate

This is European Energy

Screening

We secure the land/project rights either through our own greenfield activities or via development agreements with local partners. The project’s key value drivers and risk profile is assessed, and project progress occurs only if it is deemed to have sufficient potential to meet financial hurdle rates.

Development

We apply for the necessary permits to realise the project, which includes conducting a number of studies and analyses. We also ensure that we obtain a grid agreement allowing us to feed the electricity into the grid. The yield of the project is also investigated, and a business case for the project is built.

Construction

With rights and permits secured and procurement, off-take and financing ready, we initiate construction of the project. We have a strong track record in managing contractors and suppliers on-site.

Grid Connection

As the final step of the construction process, we connect the asset to the grid providing renewable energy.

Power Sales

Today, more and more companies choose a Power Purchase Agreement (PPA). PPAs are long-term, fixed-price energy supply contracts that guarantee the delivery of renewable power from an energy farm to a business. PPAs are often made before construction of a project begins – however, they can also occur once a project has launched and been grid-connected. At other times, it may be advantageous for us to maintain ownership of an energy farm and sell the renewable power as an independent power producer.

Asset Management

We consider managing assets to be a core part of our business. This involves 360 degree asset management services delivered by in-house competencies in the technical, commercial and financial aspects of renewable energy farm management.

Operations

We also deliver O&M services for PV plants including scheduled preventive maintenance, corrective maintenance, technical support and plant monitoring.

Power-to-X

We are commercialising a production technology that produces green e-methanol at competitive prices. The production is based on renewable energy from our wind and solar farms and CO2 from bio-waste. As part of the process, we use electrolysis to produce green hydrogen by splitting water.

37 nationalities

We were born global as a Danish company with our first projects in Germany and we have always valued a diverse culture with colleagues from all over the world.

3.2 million tonnes of CO2

Since 2004, European Energy has saved the planet from 3.2 million tonnes of CO2

245.000 trees

In 2021 we planted 245.000 trees as hedge rows around our solar park.