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Greenvolt Power partners with Reel for balancing and optimisation services for Høegholm hybrid energy park

Partnership Hybrid announced Denmark Mar 5, 2026
97.36 MW
Capacity
construction
Stage
Høegholm hybrid energy park
Project

Greenvolt Power has partnered with Reel, a Danish B2B electricity provider and energy trader, for balancing and optimisation services for the Høegholm hybrid energy park in Denmark. Reel will manage real-time balancing, market optimisation, hedging, and support power offtake through PPAs.

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Counterparts (2)

Partner
Greenvolt Power
company
Greenvolt Power is a renewable energy company focused on developing and operating utility-scale renewable energy projects. They invest in a variety of renewable energy technologies across Europe and North America.
Reel
company
REEL International is an independent company specializing in the design, manufacturing, installation, and maintenance of complex industrial lifting and handling systems. With a global presence and over 80 years of experience, the group serves demanding sectors such as nuclear, aeronautics, defense, hydropower, and offshore energy.

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Source Intelligence

KEY DETAILS

The project combines 97.36 MW of solar PV with a 60 MW / 120 MWh battery energy storage system. Reel will manage real-time balancing, market optimisation and hedging across wholesale, intraday, and ancillary service markets. The BESS unit is scheduled for commercial operation in Q4 2026.

“
Capacity
combines 97.36 MW of solar PV
“
Location
Høegholm hybrid energy park in Denmark.The project is currently under construction, combines 97.36 MW of solar PV with a 60 MW / 120 MWh battery energy storage system.
“
PPA Details
The company will also support power offtake through PPAs with Danish corporates seeking electricity supply from the project.
“
Announcement
05 Mar 2026 17:54 IST
“
COD
The solar PV component is expected to reach commercial operation in Q1 2026, while the BESS unit is scheduled for Q4 2026.
PARTIES MENTIONED IN SOURCE
G
Greenvolt Power partner

"Greenvolt Power has established a partnership with Reel."

R
Reel service provider

"Reel is a Danish B2B electricity provider and energy trader that will provide balancing and optimisation services"

high quality Enriched Mar 5, 2026

Timeline

Announced
Mar 5, 2026
Signed
Closed

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Source

solarbytes.info
View Full Deal Details

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