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Poland awards 1.7 GW of solar and wind capacity in oversubscribed auction

The Polish Energy Regulatory Office (URE) has announced the results of the tender for new wind and solar PV projects with an installed capacity of more than 1 MW that was held on 26 November 2020. The auction attracted 127 bids in total (64 bids for wind plants and 63 bids for PV installations) from 97 producers, offering 54.9 TWh (far exceeding the 46.3 TWh volume offered for sale). The parastatal selected 96 bis submitted by 70 producers totalling 42 TWh of electricity with a minimum price of  PLN190/MWh (€42.8/MWh) and a maximum price of PLN249.9/MWh (€56.3/MWh). More than 1.7 GW of new green energy capacity could be created as result of the auction: 0.8 GW of solar PV and 0.9 GW of new wind projects. EDP Renewables was awarded a 15-year Contract-for-Difference (CfD) to sell electricity to be produced by a portfolio of 5 projects of wind and solar with a total capacity of 220 MW. The projects are expected to become operational in 2022 and 2023.