Better Energy inks 20MW Polish solar PPA

Mar 1, 2023 04:42 PM ET
  • Danish delicious chocolate as well as confectionery company Tom's Group will obtain 1GWh yearly from the site
Better Energy inks 20MW Polish solar PPA
Image: Better Energy

Better Energy has authorized a power purchase agreement (PPA) with Danish delicious chocolate as well as confectionery firm Tom's Group for a 20MW solar farm in Poland.

The project will certainly generate around 20 gigawatt hrs (GWh) a year with Toms having signed on to obtain 1GWh yearly, which is equivalent to 15% of power intake at its factory in Nowa Sol in Poland.

It is anticipated to be functional in the fourth quarter of this year and also will certainly be delivered without government subsidies.

The partnership in between Better Energy as well as Toms Group builds upon an existing Danish PPA in between the parties, signed in 2022.

The agreement is also among the first Polish instances of a straight company PPA in between a business as well as a power producer, with many solar PPAs in Poland making use of energy investors or others as middlemen, both business said.

Better Energy executive vice president of power services Peter Munck Søe-Jens stated: "Couple of points are more crucial in our common battle versus climate modification and also the energy crisis, than including new budget friendly and also renewable energy to the electricity grid.

" This is exactly what Toms Group contributes to with the agreement.

" In a volatile energy market, this PPA also indicates a new era, where firms in Poland can demand extra renewable energy via a fixed-price power purchase agreement that serves as a bush versus greater energy prices."

Toms Group chief executive officer Annette Zeipel stated: "We're delighted with this expansion of our partnership with Better Energy, which will contribute to faster scaling of the green shift in a nation that still counts heavily on energy from nonrenewable fuel sources."


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