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Orlen Buys Up Polish Solar And Wind

Orlen Wind 3 Strikes Major Deal with EDP Renewables Polska to Boost Green Energy Capacity

Orlen Wind 3 has signed a preliminary agreement with EDP Renewables Polska to acquire PV projects with a combined capacity of 280MWp, along with a 26MW wind farm, in Poland. This significant transaction, valued at approximately PLN 1.15bn (€0.26bn), marks one of the largest deals in recent years within the Polish renewable energy sector.

The wind farm is located in the Province of Łódź, while the solar sites are situated in the Provinces of Zielona Góra and Poznań. This acquisition is set to elevate the Orlen Group’s renewable generation capacity by nearly 30%.

Ireneusz Fąfara, Chief Executive and President of the Management Board of Orlen, expressed his enthusiasm: “We promised to accelerate our efforts, and we’re delivering on that promise. This new agreement will add over 300MW to our renewable energy portfolio, which is nearly a third of what we’ve built in renewables over the recent years. But it’s not just about the scale – this deal also makes strong economic sense for us and offers a real chance of enhancing the Orlen Group’s value. Our goal is to be a key player in Central and Eastern Europe’s energy transition. That’s why we’re not stopping here, actively looking for further attractive projects on the renewable energy market to seize every business opportunity that comes our way.”

The agreement includes the purchase of two solar PV farms:

  1. Chotków Solar Farm: Located in the village of Chotków, County of Żagań, Province of Zielona-Góra, this farm spans 45 hectares and features over 61,000 solar panels with a total capacity of 40MWp. Commissioned in January 2024, the farm is designed to minimize environmental impact, allowing free movement of small animals through appropriately raised fencing, without disturbing their natural migration paths.
  2. Przykona Solar Farm: Situated on a former lignite strip-mine in the municipality of Przykona, Province of Poznań, this farm currently has a capacity of 200MWp. An expansion project underway will add another 40MWp, scheduled for completion by the end of this year. Once the additional capacity is operational, it will be the largest solar PV farm in Poland, with the Orlen Group as its sole owner.

Additionally, the Orlen Group acquires Warta, an onshore wind farm built in May 2023 west of Sieradz, in the Province of Łódź. This wind farm consists of 13 turbines capable of generating 26MW, benefiting from high wind intensity to ensure optimal utilization of the installed capacity.

This acquisition underscores Orlen’s commitment to accelerating the energy transition in Central and Eastern Europe and solidifying its position as a key player in the renewable energy market. #RenewableEnergy #SolarPower #WindEnergy #GreenEnergy #SustainableFuture #OrlenGroup #EDPRenewables #PolandGreenEnergy #EnergyTransition #EnvironmentalImpact

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