Reel is a Copenhagen-headquartered B2B renewable electricity provider and trader that in March 2026 became the named balancing and optimisation partner of Portugal’s Greenvolt Power for the 157 MW Høegholm solar-plus-storage hybrid park in Djursland, Denmark — one of the largest integrated hybrid assets in the country.
Reel supplies Danish companies with renewable electricity tied to specific wind and solar assets, and trades that power in the Nordic market. Its corridor relevance runs through Greenvolt Power, the utility-scale arm of Portugal’s Greenvolt Group: in March 2026 the two companies announced a strategic partnership under which Reel delivers balancing and optimisation services for the Høegholm hybrid energy park — 97.36 MW of solar PV combined with a 60 MW / 120 MWh battery system on Djursland in western Denmark.
Under the agreement, Reel manages the asset’s participation in wholesale, intraday and ancillary-service markets using its proprietary trading technology. The solar plant is slated for commercial operation in the first quarter of 2026 and the battery in the fourth quarter, with expected output of roughly 97 GWh a year — power for more than 24,000 Danish households, produced by a Portuguese-owned asset and monetised by a Danish trading house.
Høegholm is the largest single Portuguese renewables asset in the Nordic market, and Reel is the local partner that makes it bankable: hybrid solar-plus-storage economics depend on sophisticated market optimisation, which is exactly the capability a Copenhagen trading specialist brings. The partnership is a template for how Portuguese developers can enter Nordic power markets — own the asset, partner locally for route-to-market.
March 2026: strategic partnership with Greenvolt Power announced for Høegholm balancing and optimisation. The project’s PV section targets Q1 2026 commercial operations; the battery follows in Q4 2026.
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