Axpo Holding AG has agreed to buy the entire electricity output of 42 MW Kisielice wind park in Poland, owned by Green Investment Group Ltd (GIG).
Axpo Polska and Green Investment Group Ltd (GIG) have signed a 10-year power purchase agreement (PPA), which includes “price hedging of a significant proportion of the Polish green certificates generated by the project”.
The 42 MW Kisielice wind farm is located 200 kilometers north of Warsaw. It has been operational since 2014 and consists of 21 Enercon E82 turbines.
Country updates
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October 24, 2019
GIG, Signify sign VPPA for 42 MW Kisielice wind park
Signify, a lighting company has signed a virtual power purchase agreement (VPPA) with a 10-year term with Green Investment Group’s (GIG’s). Signify will purchase the power from GIG's 42 MW...
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October 24, 2019
Ørsted and PGE in discussions regarding Polish offshore wind projects
GE Polska Grupa Energetyczna S.A. (PGE) has decided to commence discussions with Ørsted regarding the sale of a 50% stake in two offshore wind farm projects in the Baltic Sea with a total capac...
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October 23, 2019
Siemens Gamesa acquires 8.9GW of assets of Senvion Group
Siemens Gamesa Renewable Energy has reached an agreement to acquire selected European assets of Senvion Group for EUR200 million (US$223 million).
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October 10, 2019
ReneSola divests 55 MW Polish solar portfolio to Aberdeen Standard Investments
ReneSola Ltd and Aberdeen Standard Investments (ASI) have announced that ASI acquired 100% stake in a 55 MW portfolio of ground-mounted solar farms developed by Renesola. The portfolio consists of 34...
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October 10, 2019
Shah Capital acquires shares worth US11 million in ReneSola
ReneSola Ltd has entered into a definitive share purchase agreement dated as of September 29, 2019 with Shah Capital Opportunity Fund LP, according to which Shah would purchase from ReneSola 100,000,0...
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