- Press Releases
December 15 (Renewables Now) - EDP Renovaveis SA (ELI:EDPR) announced on Monday it was awarded a 15-year contract-for-difference (CfD) for 220 MW of renewable power capacity in Poland's recent auction.
The power sold in the tender will come from a wind-and-solar portfolio consisting of five projects. EDPR expects the plants to be up and running in 2022 and 2023.
The renewables arm of Energias de Portugal SA (ELI:EDP) now has an operational capacity of 476 MW in Poland, with an additional 558 MW already secured for the next years, the Portuguese power giant said.
This award also helped EDP to secure 87% of its roughly 7-GW of wind-and-solar build-out capacity targeted for the 2019-2022 period, as presented in its Strategic Update.
Poland contracted over 41.9 TWh of total power in the particular auction and expects this to translate into more than 1.7 GW of new-built solar and wind capacity.