ReneSola, a fully-integrated solar project developer, has bagged 26 solar utility projects in Poland with capacity of 1MW for each.

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Credit: RK008/FreeDigitalPhotos.net.

All of these 26 projects are under Poland’s Contract for Difference (CFD) regime and eligible for a 15-year guaranteed tariff of PLN 354.8-358.8/MWh, close to the highest auction price of PLN 364.9/MWh.

The Energy Regulation Office in Poland held the country’s latest round of solar power auction on Nov. 15, 2018.

ReneSola chairman and CEO Xianshou Li said: “We are excited to once again have been awarded the utility projects in Poland. This project’s winning validates our team’s experience and expertise to deliver reliable, cost-competitive distributed power to serve the growing energy demand in the region. We look forward to further supporting solar deployment in Poland and other emerging markets.”

Source: Company Press Release