Friday, 22 December 2017
The Swedish wind farm Tågeröd is now online, supplying clean electricity to the grid. The project was made realizable partly due to top-financing by the Swedish clothing brand H&M, a RE100 member. The top-financing is made possible through Ecohz GO2 product, which in addition to be based on Guarantees of Origin, also allocates some of the GO-revenue to top-finance a named project by up to 15% of the total costs.
Tågeröd will produce 18 GWh of clean, renewable electricity annually, and a total of 240 GWh by 2030. A consequence of the GO2 funding is that the top-finance loan is recirculated within two to four years, to finance another power plant of the same size. This implies th...