EDP Renewables has signed a significant hybrid Power Purchase Agreement with Energa, securing a 322 MW portfolio that will provide around 600 GWh of renewable energy annually to support Poland's energy transition.

Target Information

EDP Renewables has signed a landmark hybrid Power Purchase Agreement (PPA) with Energa, a leading utility company in Poland. This long-term agreement involves a renewable energy portfolio of 322 MW, which will provide approximately 600 GWh of clean energy each year. The portfolio includes a combination of wind and solar technologies, ensuring a reliable power supply for Energa's operations and contributing to the energy transition in Poland.

The partnership between EDP Renewables and Energa exemplifies a commitment to sustainability and resilience in the energy sector. By working together, both companies aim to enhance price stability and predictability amidst market fluctuations, reinforcing their positions as key players in the renewable energy landscape.

Industry Overview in Poland

Poland's energy sector has been undergoing significant transformation as the country seeks to reduce its reliance on coal and move toward cleaner energy sources. With a growing emphasis on sustainability, the Polish government has se