Polish auctions award contracts for 2.5 GW of solar and wind

Green Energy

Photo by sarayut_sy / Shutterstock.com

The Polish Energy Regulatory Office (ERO) has announced the final results of its solar and wind auction for projects above 1 MW (megawatt) and another procurement exercise for renewables up to 1-MW in size, according to a report by pv-magazine.

The tenders were held on June 8 and June 11, respectively. In the first of the two auctions, solar accounted for around 1.2 GW (gigawatt) of the assigned capacity. Around 24.7 TWh (terawatt-hour) of power was contracted in total, which is only 68% of the 38.7 TWh that the ERO had expected to assign.

Around 300 MW of capacity was set aside for wind power projects. In the second procurement exercise, all of the contracted capacity – around 1 GW – went to PV projects. The ERO revealed that all 1,264 submitted offers were for solar installations and that 11.9 TWh was contracted across 1,016 projects, although it had planned to assign 14.7 TWh. 

ADVERTISEMENT

EBRD Sees Hungary GDP Growth Slowing to 1.5% in 2023 Analysis

EBRD Sees Hungary GDP Growth Slowing to 1.5% in 2023

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

UPS Appoints Regional Director Appointments

UPS Appoints Regional Director

Completion of Metro Line M3 Renovation Delayed City

Completion of Metro Line M3 Renovation Delayed

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.