Energa Obrot in Poland to purchase solar power from Famur

Sep 1, 2021 02:21 PM ET
  • Energa Obrot, an unit of Poland's Energa Group, on Monday introduced an agreement to buy electricity from a bunch of 1-MW solar plants possessed by Katowice-based Famur Group.
Energa Obrot in Poland to purchase solar power from Famur
Image: PGE Polska Grupa Energetyczna SA

The complete yearly quantity of power to be purchased under the deal will reach 150 GWh as soon as all 136 plants are functional.

Famur is called a mining machinery and also equipment distributor, yet the business has additionally branched out right into the eco-friendly power space. It has won over 230 MW of projects in renewable resource public auctions in Poland as well as also has 750 MW under advancement, according to information from very early August.

The agreement with Energa, which becomes part of Polish energy company PKN Orlen (WAR: PKN), will certainly go through 2024. Energa Obrot said this additional supply of sustainable power will certainly aid it serve extra businesses interested in renewable resource. It has actually seen demand for eco-friendly electrical power with warranties of origin (GOs) from its consumers increase to 354 GWh in 2020 from 80 GWh in 2018.

Energa Obrot says it is amongst the greenest electrical power trading companies in Poland, having struck off-take contracts for 2.5 GW of renewables ability so far.


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