R.Power contracts infrastructure firms to build 135 solar PV projects in Poland

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
The deal concerns the construction of 135 solar PV projects in Poland as R.Power looks to strengthen its position in its home market. Image: R.Power.

Polish solar developer R.Power Group has signed contracts with infrastructure firms Nomad Electric and Onde for the construction of 135 solar PV plants in Poland with a combined capacity of 400MW.

R.Power secured rights to the projects in a renewable energy auction in November 2020 and June of this year. The total value of the contracts was US$82.1 million.

Nomad and Onde will install and construct the plants throughout Poland but will not be involved in the supply of modules and inverters, R.Power said in a press release.

Nomad will build 72 of the projects, with Onde constructing the remaining 63. Nomad’s projects have a value of US$41.8 million, while Onde’s total US$40.3 million.

The projects are expected to be commissioned by 2023 at the latest.

Last month, PV Tech reported that R.Power was expanding its presence in Poland through the acquisition of Poland-based PV equipment wholesaler Menlo Electric.

In June, the company launched a green bond issuance worth up to €225 million (US$274.3 million), the proceeds of which are to be used to increase its solar power capacity in Europe.

Poland’s solar industry is on track to “massively outperform” as recently auctions in the country have boosted deployment figures.

Read Next

January 26, 2022
Spanish solar tracker manufacturer Soltec has signed contracts to supply 420MW of its SF7 bifacial trackers to two projects in Chile and Colombia – likely owned by Enel Green Power –that are due to be completed this year.
January 20, 2022
Swiss fund manager SUSI Partners has set up a new renewables platform that will build a portfolio of solar PV and wind assets in Poland.
January 19, 2022
Renewables developer R.Power has signed a power purchase agreement (PPA) with energy trader Axpo for nearly 300MWp of solar in Poland.
January 18, 2022
Prefabricated solar solutions manufacturer 5B is looking to improve the scalability and cost of its technology through an AU$33.4 million (US$24 million) innovation programme and support from the Australian Renewable Energy Agency (ARENA).
January 11, 2022
Algeria has launched a tender process to support the deployment of solar PV projects in the country with a total capacity of 1GW.
January 7, 2022
Solar developer ReneSola Power has completed the sale of 37MW of PV projects in Poland to Danish solar investment and management company Obton.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 8, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal
Solar Media Events
April 25, 2022
Berlin, Germany