Poland’s solar industry appears to have weathered the worst effects of the COVID-19 pandemic and be on course for substantial growth, according to two reports, one of which of forecasts almost 8GW of installed capacity by 2025.
Self-styled ‘largest solar transaction’ in country’s history will see developer fully exit 130-strong fleet of small-scale plants to Aberdeen Standard Investments (ASI)
Country’s largest utility PGE says non-core areas will go due to the COVID-19 crisis but excludes PV and wind ambitions from the cull, a green energy thumbs-up by a hard-coal and lignite stalwart.
Small-scale specialist will set sights on US and European projects after year of higher profits and revenues, net income losses and relocation from Shanghai to Connecticut.
German firm gets support for ready-to-build 42MW pipeline at 750MW auction held on 10 December, which is set to award US$950m in CfD payments over 17-year period.
Divestment of DG portfolio to Denmark’s Obton follows sales in countries including Poland and emerges after firm returned to profitability but noted rising short-term debt levels.
