The European Investment Bank (EIB) signed its first loan to a company building and running photovoltaic plants in Poland. The bank will lend PLN82m (EUR18m) to Energy Solar Projekty for the construction and operation of 66 small-scale, independent photovoltaic (PV) plants.
The spread of coronavirus translates into lower greenhouse gas emissions. With the end of the pandemic, the situation may quickly return to pre-outbreak levels unless the industrial aid schemes are linked to pro-environmental investments.
The International Energy Agency predicts that over the next 20 years their power generation capacity will have increased 15-fold or more. According to the Polish government, during this time the generation capacity of offshore wind farms in Poland will have grown from zero to 8 GW.
According to the Wood Mackenzie Energy Transition Practice, industry risk is weighted towards new project execution as Europe and North America are in the lockdown. The scope and scale of quarantines continues but the impacts on the trajectory of the Energy Transition remain nascent.
The Port will use the land to increase the functionality of port services, with particular emphasis on the construction and operation of offshore wind farms in the Baltic Sea, the port said. The authority has already carried out a preliminary investigation of the possibility to adapt owned land for...
In 2018, only 12 countries of the EU had already met the requirement related to the share of renewable sources in energy consumption. The importance of RES in Poland has started to grow again but this is still not enough to achieve the 15 per cent target adopted for 2020.
Rapidly growing share of renewable energy sources in the production of electricity is turning the energy industry upside down. Some claim that this will lead to a catastrophe, large scale power outages known as “blackouts”. Others say that there is a bright future ahead of us.
Poland’s government program is boosting solar energy development. The nine-fold increase of subsidies for households that want to buy solar panels sparked investors’ interest in shares of companies involved in the solar energy.
French President Emmanuel Macron had warned in late 2019 that any country not signed up to ambitious climate plan for 2050 pact would not get financial assistance, with Poland still maintaining its objections and refusing to endorse the climate-neutral target.