German renewable vitality firm BayWa r.e. and international building supplies firm HeidelbergCement, have signed a 10-year company Power Purchase Agreement (PPA) for the Witnica photo voltaic park in Poland.
As it’s the first subsidy-free PPA-backed largescale photo voltaic park in Poland, this new partnership marks a brand new period of fresh and sustainable company vitality sourcing, with the potential of serving as a blueprint for extra PPA buildings within the area and past.
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The contractual counterpart of the digital PPA is Górazdze Cement, Polish subsidiary of the HeidelbergCement Group. The settlement represents a major step in HeidelbergCement’s highway to carbon neutrality, as set out in its membership to the 50 Sustainability & Climate Leaders.
“The 10-year PPA settlement for Witnica is a good achievement for the Górażdże Group – we’re steadily fulfilling the corporate’s sustainable growth targets. BayWa r.e. is a trusted companion for us, we’re glad that collectively we will set requirements within the trade,” says Andrzej Reclik, president of the Management Board of Górażdże Cement S.A
Due for completion within the first half of 2021, the park, developed and constructed by BayWa r.e., is positioned close to Witnica, near the German border between Poznań and Berlin. The photo voltaic park would be the largest in Poland, with a capability of 64.6MW.
Dr. Benedikt Ortmann, international director of Solar Projects at BayWa r.e. mentioned: “Here is the final word proof that photovoltaic energy can – with none subsidies – be aggressive to traditional energies, even in a European nation additional north, which nonetheless generates 80% of its electrical energy from coal.”
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Andrea Grotzke, international director of vitality options at BayWa r.e. provides: “We are happy to see that not solely in Poland however all all over the world, corporations are sourcing their very own inexperienced electrical energy by way of company PPAs. As a novel mannequin for Poland, this PPA serves as an financial construction for a set worth hedge towards rising electrical energy prices. Securing vitality from photo voltaic not solely reduces an organization’s CO2 footprint. We are satisfied that it additionally leads to important financial savings on the company vitality invoice.”
Securing the PPA with HeidelbergCement is a part of BayWa r.e.’s wider technique in Poland because the nation quickly brings extra renewables on-line. Over the following 5 years, BayWa r.e. has set the aim of setting up photo voltaic and wind tasks in Poland with a complete put in capability of greater than 1GW.
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