OX2 scores wind and solar success at Polish auction
- The winning bids have a complete capacity of 148MW
OX2 has actually won wind farms with a total capacity of virtually 120MW and 28MW of solar projects in the most recent Polish state auction.
The winning bids include in a 62.5 MW wind farm protected in the country's June auction.
The approvals reinforce OX2's position on the renewable resource market in Poland, the firm claimed.
OX2 currently has five wind farms under construction with capacities between 20MW and 45MW.
The projects are the result of winning auctions in the period of 2018-2021.
OX2 has additionally bought solar farms, that go to numerous stages of development.
The overall capacity of wind and solar farms in OX2's Polish portfolio has to do with 1.4 GW.
OX2 president Paul Stormoen claimed: "Poland has been a solid market for OX2 over the last years and we remain to invest in both the project portfolio and the regional organisation.
" Based on this latest state auction we anticipate to have a boosting involvement in the Polish energy transition additionally in the coming years."
OX2 nation manager for Poland Katarzyna Suchcicka added: "We are really satisfied with the result of the auction and the chance to build more renewables in Poland.
" Even more wind and PV is significantly required both to lower the electricity prices for customers in Poland and likewise to minimize the local air pollution from fossil energy."