Energa Acquires 112 MW Solar Project in Poland

• Energa Green Development acquires a 112 MW solar project in Poland, boosting renewable energy goals with a PLN 48 million investment.

Energa Green Development, part of the Orlen group, has acquired a 112 MW solar PV project in Serby, Lower Silesian province, Poland, from Onde SA and Neo Energy Group. The project, ready for construction on a 124-hectare site, was sold for PLN 48 million (USD 12.7 million). Onde will act as the general contractor with a deal worth approximately PLN 240 million, while Neo Energy Group will oversee the project as a contract engineer.

This acquisition marks Energa's second purchase from Onde, following last year's acquisition of a 37.4 MW wind farm. Onde's current portfolio includes 300 MW of ready-to-sell renewable projects, with a development pipeline of 1.3 GW, aiming to surpass 2 GW by year-end. The project presents challenges due to its size and the need to adapt to existing infrastructure, including river crossings, railway lines, and ongoing construction, while ensuring environmental compliance.

What challenges does Energa face with the 112 MW solar project in Serby, Poland?

• Navigating regulatory approvals and permits specific to large-scale solar projects in Poland.
• Ensuring grid connectivity and managing potential grid capacity constraints.
• Addressing environmental impact assessments and compliance with local and EU environmental regulations.
• Coordinating with local authorities and stakeholders to mitigate any community concerns or opposition.
• Managing logistical challenges related to the transportation and installation of solar panels and equipment.
• Overcoming potential supply chain disruptions for solar components and materials.
• Ensuring the project remains on schedule and within budget amidst fluctuating construction costs.
• Integrating the solar project with existing infrastructure, such as river crossings and railway lines, without causing disruptions.
• Implementing effective risk management strategies to handle unforeseen challenges during construction and operation.
• Securing financing and investment to support the project's development and long-term sustainability.