Housing Co-op HSB, with 50,000 solar panels, is building Sweden’s largest solar park.
The co-op will provide an opportunity for member organizations in Södermanland to purchase shares in the park near a highway in Stockholm. The report comes as Sweden continues to strive for 100% renewable electricity by 2040.
“It’s fantastic that this project becomes a reality,” said HSB Sodermanland CEO Jon Leo Rikhardsson. “Solar Park’s benefits are twofold: We offer our housing cooperatives solar electricity at a good price while contributing significantly to the transition to renewable energy.”
Building the 45-hectare solar park, which will be Sweden’s largest, will start next March. It will have a capacity of 18,000 MWh, sufficient to meet the needs of the housing co-op’s 90%. HSB has 624,000 individual members, plus 340,000 apartments, from 4,000 housing associations.
“Three years ago, when we set up solar cells on the rental properties of HSB Södermanland, we started our investment in solar cells,” Mr Rikhardsson said. “Most of our tenant-owner associations have sold the concept. But when it comes to setting up solar cells on roofs, there are limiting factors. That is why we are now continuing to build the solar park. ”
HCB aims to reduce its climate impact by 75% in time for its 100th anniversary in 2023 and wants to close its environmental impact by 2030.