Energa Expands Footprint with 39.9-MW Solar Farm Acquisition

• Energa boosts its renewable portfolio, acquiring the 39.9-MW Losienice solar project, set to power 20,000 homes with over 64,500 PV panels by 2025.

Polish utility Energa, a part of the Orlen Group, has acquired the 39.9-MW Losienice solar project by purchasing its developing company. Located in northern Poland's Pomeranian province, the solar farm will feature over 64,500 PV panels across 43 hectares and is expected to supply energy for nearly 20,000 households. Construction is set to begin soon under contractor Electrum Concreo, with completion anticipated by the end of 2025.

Energa is currently advancing its renewable energy initiatives, with photovoltaic projects totaling nearly 280 MW, including large installations like the 130-MW PV Kotla and 65-MW Mitra. The company’s installed PV capacity stands at approximately 125 MW, generating enough energy for around 62,000 households annually. Aligned with Orlen’s strategy, 44% of Energa's generation capacity is derived from renewable sources, emphasizing a commitment to low- and zero-emission energy solutions.

How does Energa's acquisition impact its renewable energy expansion in Poland?

Impact of Energa's Acquisition on Renewable Energy Expansion in Poland

• Enhancement of Capacity: The acquisition of the 39.9-MW Losienice solar project significantly bolsters Energa's renewable energy capacity, contributing to its already impressive portfolio. This addition will bring the company's total photovoltaic capacity closer to 300 MW.
• Diversification of Energy Sources: By adding the Losienice project, Energa diversifies its energy portfolio, reducing reliance on fossil fuels and integrating more solar energy into its operations. This aligns with Poland's goals to increase the share of renewables in its energy mix.
• Increased Energy Security: The expansion of solar projects like Losienice enhances national energy security by decreasing dependence on imported fossil fuels. This is particularly important as Poland aims to reduce greenhouse gas emissions and transition towards cleaner energy.
• Job Creation: The development phase of the Losienice project and other planned installations not only supports local economies but also creates jobs in the renewable energy sector, including positions in construction, operations, and maintenance.
• Alignment with National Climate Goals: Energa’s expansion aligns with Poland's climate and energy goals, which aim to achieve a significant reduction in carbon emissions by 2030. The addition of large-scale solar projects helps the country meet its renewable energy targets.
• Strengthening Competitive Position: By acquiring solar projects and expanding its renewable portfolio, Energa enhances its competitive edge in the energy market, positioning itself as a leader in renewable energy solutions in Poland.
• Collaboration Opportunities: The acquisition opens up potential collaboration opportunities with other companies and stakeholders in the renewable energy sector, fostering innovation and more efficient project development approaches.
• Long-term Sustainability: Energa's commitment to renewable energy through strategic acquisitions reflects a long-term vision for sustainability and environmental responsibility, key components of modern energy strategies.
• Capacity to Meet Demand: As Poland’s energy demand grows, Energa’s expansion into solar power positions the company to better meet future energy needs while adhering to environmental regulations and sustainability commitments.
• Community Benefits: The Losienice solar project is expected to provide not only energy but also local community benefits, enhancing social acceptance and engagement with renewable energy initiatives. This emphasizes the importance of participatory approaches in energy transition efforts.