Orlen Wind 3 to Acquire 280MWp Solar, 26MW Wind Projects from EDP Renewables Polska

Orlen Wind 3 to Acquire 280MWp Solar, 26MW Wind Projects from EDP Renewables Polska

Orlen Wind 3 has entered into a preliminary agreement with EDP Renewables Polska to acquire PV projects with a combined capacity of 280MWp and a 26MW wind farm in Poland. The wind farm is located in the Province of Łódź, while the solar sites are in the Provinces of Zielona Góra and Poznań.

Valued at approximately PLN 1.15bn (€0.26bn), the transaction is one of the largest in terms of installed capacity within the Polish renewable energy sector, according to Orlen. Upon completion, this acquisition will elevate the Orlen Group’s renewable generation capacity by nearly 30%.

Ireneusz Fąfara, chief executive and president of the management board of Orlen, said, "We promised to accelerate our efforts, and we’re delivering on that promise. This new agreement will add over 300MW to our renewable energy portfolio, which is nearly a third of what we’ve built in renewables over the recent years. But it’s not just about the scale – this deal also makes strong economic sense for us and offers a real chance of enhancing the Orlen Group’s value. Our goal is to be a key player in Central and Eastern Europe’s energy transition."

The agreement includes the purchase of two solar PV farms. The first, located in Chotków, County of Żagań, Province of Zielona-Góra, was commissioned in January 2024. Spanning 45 hectares with over 61,000 solar panels, it has a total capacity of 40MWp. The farm minimizes environmental impact, allowing small animals to move freely through appropriately raised fencing.

The second farm is on a former lignite strip-mine site in the municipality of Przykona, Province of Poznań. The Orlen Group already operates several solar and wind power assets nearby with a total capacity of 57MW. The acquired PV farm currently has a capacity of 200MWp, with an expansion project underway to add another 40MWp, scheduled for completion by the end of this year. Once completed, it will be the largest solar PV farm in Poland, with the Orlen Group as its sole owner.

The agreement also includes the Warta onshore wind farm, built in May 2023 west of Sieradz in the Province of Łódź. Consisting of 13 turbines capable of generating 26MW, the site benefits from high wind intensity, ensuring optimal utilization of the installed capacity.

Source: reNews