Success of solar projects up to 1 MW in the first RES auction

On 4 January 2017, we learned the results of the first auction for the sale of electricity from RES which took place on 30 December 2016. Four of our solar projects submitted to the auction had such a favourable price that they turned out to be the winners. The projects planned for implementation in the Zachodniopomorskie and Opolskie provinces are developed by separate special purpose vehicles.

Winning the auction gives the green light to start building the solar farms.

The auction we took part in was the first one for solar projects after the change in the regulations replacing green certificates with the auction system.

It is an unexplored trail and at the same time an opportunity to test the solution and gain experience for future auctions.

The auction, which we took part in, was won by 84 projects in total. According to the Energy Regulatory Authority, the proposed prices in all the winning projects were 253.50-408.80 PLN/MWh. The total amount of energy sold for 2017-2033 is 1,567,288.818 MWh and its value is PLN 554,474,643.01