Green Genius inks Polish solar offtake
- PPA with Respect Energy is for output comparable to 21MW from a portfolio of projects incomplete
Green Genius has authorized a 10-year power acquisition agreement (PPA) for output from its solar plants completing 21MW in Poland.
The agreement in between Green Genius as well as energy vendor Respect Energy will certainly participate in pressure on 1 January 2024.
The solar plants are incomplete and also are part of the 4th Green Genius project portfolio.
The PPA is for an annual supply of 25 gigawatt hours of solar electrical power to Respect Energy and also its clients.
"The PPA agreement with Respect Energy is a substantial part of our fourth portfolio in the Poland market.
"For that reason, we value this collaboration a lot. I think that creating renewable energy resources is the only way for the reliable future energy supply and also self-reliance of the European countries", claimed Povilas-Emilis Čėsna, Head of trading and also Origination at Green Genius.
"This agreement between Green Genius and also Respect Energy is a guarantee for our clients, allowing them to balance its functional tasks and protected stability in the future", included Sebastian Jablonski, Chairman of the Board at Respect Energy.
