Polish renewables auction sees solar developers claim 700MW

Facebook
Twitter
LinkedIn
Reddit
Email
Image: ReneSola.

Solar developers secured all the offered capacity in a recent auction in Poland designed for small-scale renewable projects, with more than 700MW of PV expected to be developed in the country.

The auction took place earlier this month for wind and solar projects with a capacity of up to 1MW. According to Poland’s Energy Regulatory Office (URE), 99.9% of the allocated energy was sold in the auction, representing 11.75TWh. Successful bids were made by 235 parties, with the lowest price PLN222.87/MWh (US$60.46/MWh).

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

According to Rafał Gawin, president of URE, solar developers participating in Poland’s auctions are able to benefit from a large number of potential project locations, including former mining areas, and the possibility of scaling installations.

Among the successful bidders in the auction was ReneSola Power, which was awarded 38MW of plants that are expected to be connected to the grid within the next two years and will be eligible for a 15-year guaranteed tariff. “We are excited to have been awarded the utility projects in Poland as they represent an addition to our diversified portfolio of solar projects across the globe,” said Josef Kastner, CEO of ReneSola Power's European region. The announcement comes weeks after the company sold 16 solar parks in Poland with a total capacity of 16MW to Lithuanian investment management firm Modus Asset Management.

URE also provided an update on the results of the eight renewable energy auctions that Poland has held this year, which are expected to see the development of more than 1,560MW of PV projects and around 930MW of wind farms. Half of the auctions were successful, while four did not attract the required number of submitted bids.

A report published last week by SolarPower Europe found that Poland saw the fourth-highest amount of solar capacity additions in Europe in 2020, with 2.2GW of completed projects. The trade association said the year has been “undeniably very successful” for Poland’s PV industry, both in terms of installed capacity and overall market development.

Read Next

October 11, 2024
India’s state-owned company the National Hydroelectric Power Corporation (NHPC) has issued a tender seeking up to 2.4GW of solar PV capacity across India.
September 26, 2024
The Saudi Arabian government’s power procurement arm has invited bids for up to 3GW of new solar PV capacity.
September 19, 2024
The aid will take the form of direct grants and will be open for companies producing solar panels and batteries among others.
Premium
September 10, 2024
Three new Eastern European countries hit 1GW of solar in 2023, but many are struggling to maintain the tempo after the 2022 energy crisis.
September 5, 2024
One of the ways for the country to increase its installed renewable energy capacity will be through the launch of tenders.
September 4, 2024
In total 93 ground-based solar PV projects were awarded Contracts for Difference in the sixth auction round (AR6).

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 15, 2024
Santiago, Chile
Solar Media Events
October 22, 2024
New York, USA
Solar Media Events
November 12, 2024
San Diego, USA