GNW-Adhoc: Solar Power Accelerator’s groundbreaking microgrid built from scratch will be installed at Scandinavia’s busiest transport hub on…

^MALMÖ, Sweden, June 14, 2023 (GLOBE NEWSWIRE) — This week will be the

Solar Power’s groundbreaking pilot plant built from the ground up

Accelerator put into operation, the excess electricity from on roofs

produced solar energy on a large scale. Excess power off on

Solar energy produced on roofs is fed into the grid and the system

is expected to start generating revenue immediately.

The pilot plant was along the European route E6 at one of the strongest

congested motorway junctions in Scandinavia between Malmö and Helsingborg

Installed.

The solar cell system with a roof area of ​​approx. 1,000 m² and a

installed capacity of 0.2 MW was used on a commercial basis

Industrial site assembled in Lomma in southern Sweden. Solar Power Accelerator has

with his landlord and real estate developer Er-Ho Bygg AB

Signed lease agreements for a 25-year lease.

In addition, Solar Power Accelerator concludes purchase and electricity procurement agreements

with the national and regional power grid.

It is planned to use a battery pack for energy balancing and the

Integrate frequency control and hypercharging infrastructure to

ensure that electric vehicles with excess power out on the

Solar energy produced on roofs can be charged. The approach of

infrastructure system is consistent with the vision, the mission and the

Mandate of the company as a micro producer and microgrid operator with a

strategic roadmap, in the coming years 1 TWh solar power on roofs in

Install and scale Sweden.?We implement our ecosystem vision

to improve energy efficiency by simultaneously addressing both bottlenecks

in the power grid as well as in the transport system and road network. this will

achieved by the fact that we charge electric vehicles with solar power from

the roofs from our microgrids at an optimal price,” says

Pär-Olof Johannesson, CEO of the company.

The project was launched in February with the clear goal of being the first from scratch

ready to put into operation on the newly built plant by mid-June.

Solar Power Accelerator AB (https://www.solarpwr.se (https://www.solarpwr.se/))

is an on-site micro-producer of solar power and an operator of micro-grids

for surplus electricity from commercial solar systems on roofs in the

utility scale. The company finances complete investments of

Solar cell systems and is aimed at property owners with optimal

designed roofs that are suitable for installation and operation for at least 25

years are suitable. Surplus electricity is used as part of a PV SaaS model

(ie Photovoltaic Solar as a Service) on the spot market or via

Resold power purchase agreements. Alternatively, the power to the

property owners ‘behind the meter’ or in a ‘peer-to-peer’ mode

neighboring, off-grid real estate in the local “island operation” fed back without

that the electricity is connected to the transmission and distribution network.

Since the company was founded in late 2022, Solar Power Accelerator has more

Right-of-use agreements worth 20,000 MWh annually

Generation capacity in southern Sweden (electricity area SE4) signed after

combined with their installation, an estimated annual turnover of 2

million euros will be generated. In addition, the company has a pipeline with

Leads collected for almost 2 million square meters of roof space, which, converted

in energy consumption, would be enough to power 80,000 private households

supply or charge 125,000 electric cars.

As a startup, Solar Power Accelerator is a growth-oriented company

and an ambitious greenfield infrastructure initiative in response

on both the EU climate package and the UN sustainability goal,

Reduce carbon emissions by 55% by 2030 compared to 1990 levels.

RSA (https://rsa-elodata.se (https://rsa-elodata.se/)), a leading regional

EPC contractor, has installed the first pilot plant. SolarEdge

(https://www.solaredge.com/us), a global leader in systems for

Monitoring of solar cells and battery storage, has the first-class DC-to-

AC inverter supplied. The company is working on the charging infrastructure

with Milepost AB (https://www.milepost.se (https://www.milepost.se/)).

In fact, solar radiation is the only truly renewable one

Source of energy, together with battery storage in the next 20-25

years to become the dominant paradigm. Recent studies show that

the price benchmark between PV solar energy, offshore wind energy and nuclear power

is almost identical. Solar energy on roofs is undoubtedly the most efficient

Means for the large-scale introduction of renewable energies with the

the lowest possible environmental impact and without any macroeconomic conflict of interest

between food and climate.

The company’s strategic goal is in the next five years

at least 5% of the demanded and projected solar capacity in Sweden

to deliver. The company’s strategic goal, the whole

Replicate business model and enter other addressable, emerging markets

to open up Europe.

Media contact:

Par-Olof Johannesson

[email protected] (mailto:[email protected])

+46707425018

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at https://www.globenewswire.com/NewsRoom/AttachmentNg/386afcd7-6d1f-4aa1-

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