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Polenergia lands deal to buy PV installer Edison Energia

Green Energy

Polish energy group Polenergia SA has signed an initial agreement to acquire compatriot solar systems developer Edison Energia in order to boost its presence in the country's increasingly decentralizing energy sector, Renewablesnow.com reports.

To date, Warsaw-based Edison Energia has installed over 20,000 photovoltaic (PV) arrays for individual and business clients, with a total capacity of 120 MWp (megawatt-peak).

The company, which also provides heat pumps, car chargers and energy storage systems, has about 1,500 employees and contracting partners.

Polenergia last year set the goal of achieving 821 MW of operational capacity by 2024, of which 315 MW to come from onshore wind and solar photovoltaic (PV) projects. The transaction requires approval from authorities.

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