Solar leads Poland's renewables auctions
Poland's latest renewables auctions, as revealed by the Energy Regulatory Authority (URE), saw solar power take a commanding lead, securing 198 out of 200 successful bids.
Poland's latest renewables auctions, as revealed by the Energy Regulatory Authority (URE), saw solar power take a commanding lead, securing 198 out of 200 successful bids.
Emeren Group has announced the signing of a 7-year Power Purchase Agreement (PPA) for a solar farm in Poland's southwest Silesia region.
Exus Renewables has announced its expansion into Poland with the acquisition of two significant wind farm portfolios.
Poland has received €9.4 billion from the EU's National Recovery Plan (NRP) after fulfilling its second and third payment requests.
Renewables developer OX2 has secured €73 million in financing from Germany's Nord/LB, a leading energy transition bank, for the development of a 100 MW solar farm in Poland.
Canada has taken a significant step in supporting Poland's energy transition, with Export Development Canada (EDC) issuing a letter of intent to provide up €1.37 billion in financing for Poland's first nuclear power plant.
The Polish Parliament has adopted an amendment to the Renewable Energy Sources Act, introducing substantial changes designed to foster the growth of green energy in the country.
Real estate investment decisions in CEE are currently made considering various challenges, such as difficulty in predicting five-year exit strategies for investments, liquidity in the region, and concerns about the impact of ESG regulations on building compliance and financing, to name a few. CEE Property Forum 2024 in Vienna has taken a closer look at European investment trends in the panel chaired by Tim Wilkinson, MRICS, Head of European Acquisitions at Indotek Group.
Swedish fashion retailer H&M Group has entered a solar power purchase agreement (PPA) with Polish solar energy developer R.Power SA.
The General Authority for Investment (GAFI) in Egypt has commissioned Polish energy company Hynfra to construct a green ammonia production facility.
SPIE Energotest has developed an innovative ECONTROLplus system that enables comprehensive management and optimisation of Renewable Energy Sources (RES) installations, increasing their efficiency and reliability.
Poland has committed €640 million from its National Recovery and Resilience Plan (KPO) to advance hydrogen technologies, marking a major step toward a greener economy.
The European Investment Bank Group (EIBG) signed its first synthetic securitization transaction backed by solar panel loans to private individuals in Poland with Inbank.
Danske Commodities has entered trading and balancing agreements for the Polish offshore wind projects Bałtyk 2 and 3, marking its largest renewables deal to date.
Orlen has committed to driving the energy transition and a greener future.
Roeslein & Associates, a leading engineering, procurement, and construction (EPC) services company, announced the opening of its new European Design Center in Krakow, Poland.
Arctic Paper S.A. has announced the acquisition of a 4 MW solar park located near Warsaw, Poland.
The financing is for a logistics center in Bydgoszcz developed for a leading e-commerce firm.
EIB and ORLEN Group, Poland's largest energy company, signed a €200 million loan agreement for projects supporting energy transition.
The European Commission has endorsed a positive preliminary assessment of Poland's payment request for the second and third instalments for €9.4 billion.

DSV – Global Transport and Logistics, the world's largest logistics operator, has launched a solar installation at its warehouse in Łozienica, Poland, in partnership with commercial real estate investor Accolade. The installation will meet the energy needs of Poland's first multi-client warehouse equipped with an AutoStore system.
Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group focused on aluminium extrusion and processing for the automotive industry, and Rezolv Energy, the Actis-backed independent power producer, have signed a 10-year virtual power purchase agreement (VPPA) in Bulgaria. The VPPA will see Etem Gestamp buy electricity from Rezolv Energy's 461MW 'Vifor' wind farm, which is about to come onstream in Buzău County, Romania. It is the first cross-border wind PPA that has been publicly announced in Bulgaria.
DP World has launched a five-year coastal restoration programme to create underwater "forests" of native seaweed to boost marine life near the Constanța South Container Terminal on the Black Sea.
Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.
The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.