Aberdeen Standard Investments and also R.POWER set a new record with the largest solar transaction in Poland

Jun 12, 2020 02:37 PM ET
  • Aberdeen Standard Investments (ASI) and R.POWER have finalised a transaction wherein ASI will certainly obtain a 100% risk in a 122 MWp turnkey profile of ground mounted solar photovoltaic farms from R.POWER.
Aberdeen Standard Investments and also R.POWER set a new record with the largest solar transaction in Poland
Image: solardaily.com

The negotiated portfolio developed by R.POWER consists of 130 cutting-edge specific jobs with an overall mounted ability of 122 MWp. Every one of the tasks have actually been awarded a 15 year contract-for-difference (" CfD") support mechanism making certain stability of electricity prices for the tasks. The portfolio is entirely located in Poland, mainly in the west and centre of the country.

The solar energy parks are equipped with the contemporary technical solutions making it possible for manufacturing of around 134,000 MWh of electricity every year, which will certainly make sure supply for over 54,000 houses and will certainly contribute to the reduction of carbon dioxide exhausts by almost 106,000 loads annually.

Dominic Helmsley, Head of Economic Infrastructure at Aberdeen Standard Investments, remarks: "Following our technique to get and also handle costs infrastructure possessions in Europe, this will be our 6th investment in the Polish renewable facilities market, enhancing our placement as the prominent capitalist in the Polish solar PV market.

" We are delighted for the possibility to play an energetic duty in the growth of renewable energy in Poland, particularly the solar PV sector, which is underpinned by a supportive governing framework. R.POWER and also Aberdeen Standard Investments have actually worked together to conclude a deal that benefits all events and also eagerly anticipate expanding our collaboration in the future. "

Przemek Pieta, Chief Executive Officer of R.POWER, included: "We are really pleased that we have executed largest ever before solar purchase in Poland with ASI. It is our third purchase with ASI in the Polish market, which total 168 MWp in solar PV capacity. It shows that Poland has ended up being an important part of the solar landscape in the EU with near to 2,0 GWp, as well as greatest development in Europe."

R.POWER is the largest firm in the solar market in Poland. Over the last few years, it has won solar auctions for a complete set up capacity of almost 300 MWp. In Poland alone, the company is developing a profile of PV nuclear power plant of over 1000 MWp.

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