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Aware: 2020-09-17 09:58
Photo by Vladimir Ivanovo (V)
Ignitis Renewables, a subsidiary of the Ignitis energy group, purchases the portfolio of solar parks developed in Poland from the solar energy group Sun Investment Group (SIG).
Under the signed agreement, SIG, which is among the 50 largest solar park developers in Europe, will develop and prepare solar parks with a total capacity of up to 170 MW in 2021-2023, Ignitis Group reports.
According to Darius Maiktno, Group Director, the development of oil production in domestic markets, including Poland, is one of our top priorities.
The agreement on the acquisition of a solar power park in Poland will strengthen the country’s position in the rapidly growing renewable energy market, Maiktnas said in a statement.
The energy system of the neighboring country (SNB in Poland) is being transformed by changing dependence on electricity production from coal and relying on energy from oil, he said.
Revenues from the project will be guaranteed for fifteen years thanks to renewable energy incentives in the auction mechanism established in Poland, according to Ignitis Group.
According to the report, the solar energy parks will allow to produce around 190 thousand. MWh of electricity, which will ensure the supply of more than 79 thousand. houses in Poland and will reduce the amount of CO2 emitted into the atmosphere by about 156 thousand. ton.
The Ignitis Group aims to have an installed capacity of 4 GW by 2030.
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