The Danish renewable company GreenGo Energy plans to develop a green Energy Park consisting of 4 GW of hybrid solar and wind energy, which will feed 2 GW of electrolysis capacity to produce green fuels. The Energy Park will be located at the future Stovstrup 400 kV substation east of Tarm in the municipality of Ringkøbing-Skjern (western Denmark).
The Megaton project aims to produce 1 Mt/year of green fuels and contribute to Denmark’s new Power-to-X industry and hydrogen economy. The Energy Park and the integrated renewable energy projects are expected to become operational before 2030. The total investment in the Megaton project is estimated to be around DKK60bn or €8bn.
The 4 GW of solar and wind projects, spread over more than 4,000 hectares, are expected to produce 11.5 TWh/year of electricity. More than 85% of the produced power is expected to be consumed directly in the Megaton Energy Park for the production of green fuels.