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German Firm Eyes 40MW Polish PV project

POWER

German solar developer Sunfarming will build 43 solar projects across Poland, with a combined capacity of 40MW, after securing refinancing funds, according to RenewablesNow.

  • Construction works on the solar farms, which have an average size of 1MW, are expected to be finalised by the end of 2024.
  • The power plants entered into a 15-year Contract for Difference in a 2020 solar auction held by Poland’s Energy Regulatory Office URE.
  • Sunfarming secured about €27.6mn of refinancing funds from Poland’s PKO Bank Polski.
  • The firm has a 140MW portfolio of operational and ready-to-build solar projects in Poland.
  • Early last year, the company entered into a €50mn financing agreement to build 257MW of PV capacity in the country.
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German solar developer Sunfarming will build 43 solar projects across Poland, with a combined capacity of 40MW, after securing refinancing funds, according to RenewablesNow.

  • Construction works on the solar farms, which have an average size of 1MW, are expected to be finalised by the end of 2024.
  • The power plants entered into a 15-year Contract for Difference in a 2020 solar auction held by Poland’s Energy Regulatory Office URE.
  • Sunfarming secured about €27.6mn of refinancing funds from Poland’s PKO Bank Polski.
  • The firm has a 140MW portfolio of operational and ready-to-build solar projects in Poland.
  • Early last year, the company entered into a €50mn financing agreement to build 257MW of PV capacity in the country.