ReneSola has been awarded 26 PV projects in Poland with capacity of 1MW for each installation.
All 26 projects are listed under Poland's Contract for Difference (CFD) system and are eligible for a 15-year guaranteed tariff of PLN 354.8-358.8/MWh, close to the highest auction price of PLN 364.9/MWh.
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This latest PV power auction conducted by the Energy Regulation Office in Poland was held on 15 November 2018.
Xianshou Li, chairman and chief executive officer of ReneSola, said: “We are excited to once again have been awarded the utility projects in Poland. This project's winning validates our team's experience and expertise to deliver reliable, cost-competitive distributed power to serve the growing energy demand in the region. We look forward to further supporting solar deployment in Poland and other emerging markets.”