EnergyWatch

Nordic Solar shows growth in 2021 results

The Danish solar energy investor advances on all counts owing to higher power prices and increased generation. The company aims for a stock listing in 2023, with 1GW installed by the end of 2024.

Photo: PR Nordic Solar Energy

Nordic Solar presents its 2021 financial statement, showing revenue growth of 45 percent to DKK 345m (EUR 46.4m) attributed to portfolio growth and higher electricity prices. 73 percent of the top line stems from fixed-rate contracts, however.

In the annual report, Nordic Solar says "revenue is expected to fall but remain above 70 percent in 2022."

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