GoldenPeaks Seals 10-Year Solar PPA with Hankook

• GoldenPeaks inks 10-year solar PPA with Hankook in Poland, hedging power costs, cutting Scope 2 emissions, unlocking project finance, and showcasing CEE’s storage-ready, bankable shift beyond auctions.

GoldenPeaks, a Central and Eastern Europe-focused developer, signed a 10-year solar power purchase agreement with tyre maker Hankook, securing long-term renewable supply and backing new PV capacity in Poland. For Hankook, the contract hedges rising electricity costs for energy-intensive operations and provides verifiable Scope 2 emissions reductions for corporate reporting.

For GoldenPeaks, the PPA delivers bankable revenue to unlock project finance and speed construction across a diversified, multi-site portfolio. The deal reflects a broader CEE shift: corporate PPAs are propelling renewables beyond auctions and merchant risk, emphasizing deliverability—robust interconnection, standardized EPC—and storage-ready designs to shape output for industry’s peak hours.

How will Hankook–GoldenPeaks PPA influence Poland’s storage deployment and grid interconnections?

• Contextualize policy: compare how IRA, EU Green Deal, and China’s 14th FYP are shaping deployment speed, local content, and supply chains
  
• Quantify interconnection bottlenecks: size of queues, typical study delays, reforms like first-ready–first-served and cluster studies
  
• Transmission urgency: highlight permitting timelines, cost allocation debates, and advanced options (HTLS reconductoring, HVDC backbones)
  
• Grid flexibility: role of storage durations, virtual power plants, demand response, and dynamic line rating to absorb variable renewables
  
• Hybridization trends: solar-plus-storage and wind-plus-storage co-location economics, shared interconnection benefits, and capacity accreditation
  
• Supply chain resilience: module and turbine manufacturing shifts, critical minerals exposure, and recycling/second-life pathways
  
• Workforce needs: retraining programs, union and apprenticeship pipelines, and community college partnerships in clean-tech hubs
  
• Environmental justice: community benefits agreements, cumulative impact assessments, and equitable siting practices
  
• Land use solutions: agrivoltaics, dual-use wind on working lands, wildlife-safe siting, and setback best practices
  
• Offshore wind status: port infrastructure gaps, vessel availability, O&M strategies, and floating wind cost trajectories
  
• Financing evolution: rise of PPAs, CfDs, merchant risk management, insurance for extreme weather, and tax credit transferability
  
• Corporate procurement: growth of virtual PPAs, 24/7 carbon-free energy goals, and hourly matching implications
  
• Emerging demand: data centers, electrified heat, EV fast charging; strategies like co-location, curtailable loads, and green tariffs
  
• Green hydrogen: prioritizing RFNBO standards, coupling with curtailed renewables, and bankable offtake models for industry
  
• Resilience planning: microgrids, black-start capable renewables-plus-storage, and wildfire/heatwave hardening
  
• Measurement and transparency: hourly carbon accounting, grid-marginal emissions signals, and verified claims to avoid greenwashing