Statkraft inks Polish PV power play

• PPA with Better Energy is for a 36MW solar project in the west of the country

Statkraft and renewables programmer Better Energy have concluded a 10-year power acquisition contract (PPA) for a 36MW solar park in Poland.

The project is slated to start business operation in 2023 and the bargain marks the initial subsidy-free utility-scale solar PPA in Poland, Statkraft stated.

The solar farm will certainly be integrated in Resko in the western part of Poland.

" Couple of things are more crucial in our typical fight against environment change than including brand-new affordable as well as renewable resource to the power grid, which is specifically what Statkraft makes possible with this bargain.

" It is also smart for energy consumers to require added renewable resource via a fixed-price power purchase arrangement that functions as a hedge versus greater energy costs," stated Rasmus Lildholdt Kjær (imagined), chief executive officer of Better Energy.

Statkraft origination vice head of state Pieter Schipper included: "We see ourselves as a long-lasting companion for programmers of sustainable properties such as Better Energy.

" A Statkraft PPA makes sure long-term price stability as well as thus sustains the financing of subsidy-free renewable energy.

" I am proud that our lasting arrangements sustain the development of brand-new eco-friendly possessions and I'm convinced the future will certainly see even more of these offers."

Better Energy, an independent power producer, has already constructed several subsidy-free solar parks in Denmark.

The solar farm in Resko is the 3rd the firm will certainly have integrated in Poland.

Statkraft provides bankable PPA offtake arrangements to sustainable generators in numerous nations.

In Poland, the Norwegian state-owned company has actually been active considering that 2018.