Equinor Begins Test Production At Third Solar Plant In Poland

6/18/2024 3:08:57 AM

(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 18. Equinor has commenced test production at its third solar plant in Poland, named Lipno, Trend reports.

This latest addition brings Equinor's onshore renewables capacity in Poland to approximately 200 MW, further solidifying the company's presence in one of Europe's fastest-growing renewable energy markets.

Located in the Wielkopolskie province of central Poland, the 53 MW Lipno solar plant was developed and will be operated by Wento, a wholly-owned subsidiary of Equinor. Equinor acquired Wento, along with its 1.6 GW pipeline of solar projects, in 2021. In the three years since the acquisition, Wento has expanded from a small-scale solar developer into a multi-technology power producer. Currently, Wento operates three solar plants and one onshore wind park in Poland, with a combined capacity of around 200 MW.

Wento's portfolio is estimated to produce approximately 280 GWh of electricity annually, which can power around 140,000 Polish households. Since its acquisition, Wento has doubled its project pipeline to over 3 GW, diversifying beyond power generation to include battery storage, thus adding flexibility and enhancing value creation potential.

Earlier this year, Wento secured four battery storage projects, totaling approximately 400 MW/1.6 GWh, through the Polish Capacity Market Auction. Final investment decisions for these projects are anticipated in the coming years. These battery storage systems are expected to play a crucial role in stabilizing Poland's grid as the country increases its share of renewable energy.

Zoë Yujnovich, Equinor's Integrated Gas and Upstream Director, highlighted the significance of this development:“The launch of the Lipno solar plant marks another milestone in Equinor's commitment to expanding its renewable energy footprint in Poland and supporting the country's transition to a more sustainable energy future.”

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