Green Genius has signed a 10-year power purchase agreement (PPA) for output from its solar plants totalling 21MW in Poland.
The agreement between Green Genius and energy supplier Respect Energy will enter into force on 1 January 2024.
The solar plants are under construction and are part of the fourth Green Genius project portfolio.
The PPA is for an annual supply of 25 gigawatt hours of solar electricity to Respect Energy and its customers.
“The PPA agreement with Respect Energy is a significant part of our 4th portfolio in the Poland market.
“Therefore, we appreciate this partnership a lot. I believe that developing renewable energy sources is the only way for the trustworthy future energy supply and independence of the European countries”, said Povilas-Emilis Čėsna, Head of trading and Origination at Green Genius.
“This agreement between Green Genius and Respect Energy is a guarantee for our customers, allowing them to balance its operational activities and secure stability in the future”, added Sebastian Jablonski, Chairman of the Board at Respect Energy.