The EBRD is providing a loan of PLN117 million (US$31.3 million) for a project in the north-east of Poland with a total installed capacity of 51.4 MW: Mława (37.4 MW), located approximately 110 km northwest of Warsaw, and Grajweo (14 MW), 60 km southwest from Suwałki. The EBRD finance will be complemented by a parallel loan from DNB.
The wind farms will be built and operated by a joint venture between the Taaleri SolarWind Fund II, a fund managed by Helsinki based renewable fund manager and developer Taaleri Energia, and Masdar, the Abu Dhabi Future Energy Company. Both wind farms will benefit from the Polish renewable energy support scheme (contract for difference) for a portion of their respective outputs following their successful bids in the December 2019 auction.
The new wind power plants will help reduce annual CO2 emissions by approximately 126,000 tonnes annually and help fulfill Poland’s contribution to the EU climate and energy targets for 2030, which include a cut of at least 40 percent in greenhouse gas emissions.
Country updates
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December 16, 2020
PNE AG starts construction of 19 MW Krzecin and 40 MW Nowy Tomysl wind project
The PNE Group, which is internationally active in the development and operation of renewable energy projects, is starting the construction of two further wind farms in Poland. These projects will...
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December 10, 2020
EBRD, BayernLB support 59 MW of Polish wind projects
The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of green energy and Poland’s green recovery from the coronavirus pandemic, with a local currency loan of P...
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December 10, 2020
GIG completes acquisition of 25.3 MW Jozwin onshore wind farm project
Macquarie’s Green Investment Group (GIG) has completed the acquisition of a 25.3 MW onshore wind farm in Jozwin from Vortex Energy Poland and Max Bögl International SE. The project is loca...
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November 13, 2020
RWE finalizes purchase of 2.7 GW European wind and solar portfolio
RWE and Nordex have successfully completed the process of acquisition of Nordex’ European onshore wind and solar development platform by RWE. According to RWE, 15% of the pipeline projects are...
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November 10, 2020
Vestas equips 27 MW Kostomloty wind project in Dolnoslaskie voivodship
Polenergia Farma Wiatrowa Debice/Kostomloty Sp.z.o.o. has secured a 27 MW wind project from Poland’s technology-neutral energy auction in December 2019 with a customized wind energy solution dev...
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