BeGreen

What BeGreen does

BeGreen A/S is a Danish renewable energy developer and independent power producer that develops, builds, owns, and operates utility-scale solar parks, battery energy storage systems (BESS), and hybrid renewable projects in Denmark and Sweden. The company's technology stack centers on bifacial solar PV modules paired with grid-scale Lithium Iron Phosphate (LFP) battery storage in modular 20-foot containers (~5 MWh per unit), supported by intelligent energy management systems for hybrid park optimization. Its flagship operational asset, the Ingerslev Å Solar Park in Norddjurs Municipality, spans 68 hectares, uses 107,562 bifacial panels at 65 MWp capacity, and is expected to produce 68 GWh annually — enough to power approximately 19,906 households — with an adjacent 20 MW/40 MWh battery park under construction for mid-2026.

The business model is asset-based and long-duration: BeGreen retains ownership of energy parks for 30–40 years and sells generated electricity directly to the Danish national grid via Energinet transformer stations. Land is acquired through fixed-price or production-dependent lease agreements with agricultural landowners, and projects are advanced through close collaboration with Danish municipalities for permitting and local plan amendments. BeGreen monetizes sustainability differentiation through ISO-verified Life Cycle Assessments and Natural England Biodiversity Net Gain 4.0 methodology, supporting both regulatory approval and stakeholder engagement via VE-bonus schemes and neighbor dialogue programs. The company is a wholly owned subsidiary of Equinor (acquired November 2022), with operational leadership including a CEO transition to Peter Obling effective January 2026, following prior leadership changes in February 2025 and a partial spin-off of legacy service activities into Unity Power A/S.

Name

BeGreen

Legal name

BeGreen A/S

Website

https://begreen.dk

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

BeGreen A/S is a Danish Equinor-owned renewable energy developer that builds, owns, and operates utility-scale solar parks, battery energy storage systems, and hybrid projects in Denmark and Sweden, selling electricity directly to the Danish national grid.

Ownership category

akta.pro rank

Headquarters

HQ city

Haslev

HQ country

Denmark

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Renewable Electricity Sales: BeGreen develops, builds, owns and operates solar parks and battery storage systems. The green electricity produced is sold directly to the Danish power grid. The company retains long-term ownership of energy parks and operates them with a long-term perspective.
2. Land Leasing Partnerships: BeGreen enters into land lease agreements with landowners for solar park development. Payment models include fixed price per hectare per year (adjusted throughout lease period) or production-dependent rent (percentage of total production). The partnership typically spans 30-40 years of energy production followed by land restoration.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

BeGreen develops, builds, owns and operates utility-scale solar parks, battery energy storage systems (BESS), and hybrid renewable energy projects in Denmark and Sweden. The company sells the green electricity it produces directly to the Danish national power grid (Energinet) and retains long-term ownership of its energy parks. BeGreen also secures land through long-term lease agreements with landowners and engages with municipalities and local communities for project development.

Product overview

BeGreen is an integrated renewable power producer offering a portfolio of energy solutions comprising utility-scale solar parks, battery energy storage systems (BESS), and hybrid projects. The company operates on a develop-build-own-operate model across Denmark and Sweden. The core product offerings include Solar Parks (large-scale PV facilities), Battery Parks (grid-scale storage using Lithium Iron Phosphate technology), and Hybrid Projects (integrating solar, battery and intelligent solutions). The flagship operational asset is the Ingerslev Å Solar Park (65 MWp, 68 GWh annual production), which will be complemented by an adjacent 20 MW/40 MWh battery storage system. All projects incorporate biodiversity enhancements and are developed with consideration for local communities, nature, and long-term environmental stewardship.

Differentiator

Problem solved

Functional benefit

Products and services

• Solar Parks (Solcelleparker) Large-scale solar photovoltaic parks that BeGreen develops, constructs, owns and operates. The parks are connected to the national electricity grid and are developed with consideration for local landscape, environment, biodiversity and community impacts.
• Battery Parks (Batteriparker) Battery Energy Storage Systems (BESS) using Lithium Iron Phosphate (LFP) chemistry that store surplus renewable energy and provide grid flexibility by releasing electricity during peak demand. Modular 20-foot containers store approximately 5 MWh per unit.
• Hybrid Projects (Hybridprojekter) Integrated energy facilities that combine solar panels, battery storage systems and intelligent solutions in hybrid parks to optimise energy utilisation and provide balanced power delivery to the grid.
• Ingerslev Å Solar Park BeGreen's first fully operational solar park under Equinor ownership, located in Norddjurs Municipality, Denmark. The 65 MWp facility uses 107,562 bifacial solar panels with expected annual electricity production of 68 GWh (equivalent to powering approximately 19,906 households), surrounded by 3.85 km of planting belts with biodiversity enhancements including beetle banks and wildflower corridors.
• Ingerslev Å Battery Energy Storage System (BESS) A 20 MW / 40 MWh battery storage facility directly connected to the Ingerslev Å solar park. One of the largest battery storage systems of its kind in Denmark, enabling storage of solar energy and delivery to the grid during high demand periods.

Quantifiable outcome

• 68 GWh annual electricity production (Ingerslev Å)
• +3 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• The 0-MissioncoreStrategic or Co-development Partner · 1 January 2025The 0-Mission is a Danish company enabling Danish businesses to drive the green transition. BeGreen partners with The 0-Mission to make renewable energy contributions more accessible for businesses of all sizes, helping accelerate the green transition by fostering development of new solar parks.
• Danish Technological Institute (through SPICE initiative)coreStrategic or Co-development Partner · 1 January 2025BeGreen partners with the Danish Technological Institute through the SPICE initiative (Solar Panels in the Circular Economy), a collaboration working to address current limitations in solar PV recycling. The partnership aims to improve collection, transport, and high-value recovery of solar modules including materials such as silicon and silver.
• Solar For YouminorStrategic or Co-development Partner · 25 November 2024BeGreen collaborated with Solar For You and Electrum Concreo to develop a new lifting and installation solution for solar panel placement. The tool is designed to bear the weight of solar panels, improving work environment and safety during construction of solar parks.
• Electrum ConcreominorStrategic or Co-development Partner · 25 November 2024BeGreen collaborated with Solar For You and Electrum Concreo to develop a new lifting and installation solution for solar panel placement. The tool is designed to bear the weight of solar panels, improving work environment and safety during construction of solar parks.
• Green Power DenmarkcoreStrategic or Co-development PartnerBeGreen is a member of Green Power Denmark, Denmark's green business organization. Through this industry partnership, they contribute to dialogue and advocacy supporting ambitious renewable energy policies and the continued expansion of clean energy in Denmark. BeGreen benefits from a strong network and the latest knowledge in energy technology.
• Brdr. KempelminorStrategic or Co-development PartnerLocal Danish company that BeGreen collaborates with, supporting local economic contribution and employment in the communities where projects are developed.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• European Energy: Danish-headquartered utility-scale renewable energy developer and IPP with operations across solar, onshore wind, and power-to-X. Directly comparable to BeGreen as a Denmark-based develop-build-own-operate platform selling into the same national grid and competing for the same land and municipal permits.
• Better Energy: Danish developer of large-scale solar parks with utility-scale project development, EPC, and ownership operations in Denmark and several other European countries. Closely comparable business model to BeGreen's develop-build-own-operate approach and Danish market focus.
• Nordic Solar: Danish solar energy company developing, constructing, and operating utility-scale solar parks primarily in Denmark with selective Nordic expansion. Comparable to BeGreen in target market, technology (utility-scale PV), and IPP business model.
• Obton: Danish renewable energy investor and developer with a portfolio of operating solar parks across Europe, focused on acquiring and developing distributed and utility-scale PV projects. Directly comparable as a Danish-headquartered solar IPP with multi-country operations.
• Cloudberry Clean Energy: Norwegian/Nordic utility-scale solar and wind developer and power producer with project pipeline across the Nordics including Denmark and Sweden. Comparable develop-build-own-operate model, Nordic geographic focus, and merchant plus PPA revenue mix.
• Wento: Polish renewable energy developer and IPP led by BeGreen's former CEO Wojciech Cetnarski; the Polish 'Banie 2' project was spun out of BeGreen into Unity Power A/S in 2025. Comparable utility-scale solar developer profile with parallel Polish/Nordic market exposure.

Broad incumbents

• Ørsted: Danish-headquartered global offshore wind leader with growing onshore renewables portfolio including utility-scale solar and storage. Broad incumbent in Danish and European renewables; competes with BeGreen for talent, land, grid rights, and PPA customers, and was Peter Obling's former employer.
• Lightsource bp: Global utility-scale solar developer and operator backed by bp, with development pipelines across Europe including the Nordics. Broader incumbent with a similar IPP model to BeGreen but at significantly larger scale and geographic breadth.
• Encavis AG: German-based IPP operating a portfolio of solar parks and wind farms across Europe. Comparable as a utility-scale solar owner-operator in European markets with comparable merchant power plus PPA revenue model.

Emerging players

• Solar Denmark (Solarpark) developers cluster — Energy Storage providers (e.g., Hyme Energy, Stiesdal): Stiesdal is a Danish emerging player developing grid-scale energy storage and Power-to-X; comparable to BeGreen's emerging BESS business line at Ingerslev Å and represents a technology-adjacent peer in the Danish utility-scale storage market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/begreen-dk

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BeGreen