Statkraft, Better Energy ink 36-MW solar PPA for zero-subsidy Polish project
- Norwegian renewable energy manufacturer Statkraft A/S has actually secured a power acquiring arrangement (PPA) for a 36-MW subsidy-free solar park that is prepared to be built in Poland by Denmark's Better Energy A/S.
The 10-year contract is the first PPA for a utility-scale solar project that will be implemented without government subsidies in Poland, Statkraft claimed on Tuesday.
To be located in the community of Resko in Poland's West Pomeranian Voivodeship, the photovoltaic or pv (PV) park will start generating electricity from 2023.
Better Energy already has experience in the building of subsidy-free solar parks in its residence country. Last year, the company consented to market 112 GWh of power annually to Centrica Energy Trading, a system of UK's Centrica plc (LON: CNA), under a 10-year bargain linked to zero-subsidy solar systems in Denmark.
In Poland, Better Energy possesses two operational solar parks.
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