Equinor completes 58-MW solar park in Poland

Norwegian energy group Equinor ASA (NYSE:EQNR) on Tuesday said it has completed its first solar project in Poland, the 58-MW Stepien plant in the Braniewo municipality in the northern part of the country.

The solar park was developed and will be operated by Polish solar developer Wento, which Equinor acquired in May 2021.

“With Wento, we are uniquely positioned to build a material solar portfolio in one of Europe’s most rapidly growing renewable energy markets,” said Olav Kolbeinstveit, senior vice president for power and markets within Renewables at Equinor.

Stepien is one of three solar projects totalling 171 MW that Equinor has approved for construction as Wento’s owner. The two other facilities are expected to be completed in 2023-2024.

The Stepien array, which is now ready for operation, will generate 61 GWh of power a year, which can cover the needs of 31,000 Polish households.

Equinor’s country manager in Poland, Michal Jerzy Kolodziejczyk, said the company aims to contribute to Poland’s energy transition by building a broad energy offering, including onshore and offshore renewables. Equinor is developing offshore wind projects in the country with Polenergia.

Stepien’s electricity will be brought to the market through a power purchase agreement (PPA). The electricity will be included in Equinor’s portfolio of power from renewables, which is expected to create additional value from optimisation and trading.

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