Turnkey rooftop solar battery EPC contract price in Poland

Did European energy secure a contract for a battery project in Poland?

European Energy successfully secured a contract for several battery projects in Poland. The Polish Transmission System Operator Capacity Market auction has awarded a 17-year contract, indexed to inflation, for four battery projects to European Energy.

How many battery projects are being built in Poland?

The Polish Transmission System Operator Capacity Market auction has awarded a 17-year contract, indexed to inflation, for four battery projects to European Energy. The four projects have a combined capacity of 114 MW and are located in the north-western part of Poland. European Energy has 24 months to bring the projects to the ready-to-build stage.

Will EPC contracts provide for the handover of a solar facility?

EPC Contracts will not provide for the handover of the solar facility to the Project Company, and the PPA will not become effective until all commissioning and reliability trialling has been successfully completed.

Should you choose an EPC contract for a solar project?

Given the significant monetary value of EPC Contracts, and the potential adverse consequences if problems occur during construction, the lowest price should not be the only factor used when selecting a Contractor. As noted earlier, an EPC Contract is one of a suite of agreements necessary to develop a solar project.

What is Econergy doing in Poland?

The project forms part of Econergy’s wider expansion in the Polish market, with a developing pipeline of 41 solar PV projects with a total capacity of 940MW. Since 2021 Econergy has expanded its pipeline of solar PV project in Poland by approximately 63% as it looks to increase its operations across Europe.

What does the EPC contract mean for Econergy?

The EPC contract constitutes a significant milestone in Econergy’s activities in Poland, with the project being their first to reach this stage in the country. The project, located in the city of Resko in the Zachodnio-Pomorskie Municipality, will have a total installed capacity of 51MW and is due to become commercially operational by July 2023.