Statkraft and Better Energy expand partnership in Poland to include three additional solar parks
Statkraft and Better Energy have strengthened their partnership in Poland to include three additional solar parks. Under a new set of Power Purchase Agreements, Statkraft will purchase green energy from Better Energy’s Krapkowice solar park for 10 years. The company will also be responsible for market access for Better Energy’s Helenowo and Nidzica solar parks.
A comprehensive partnership for green energy
In 2023, Statkraft signed a 10-year PPA on Better Energy’s Krapkowice solar park to offtake 20 GWh of renewable energy. Now grid-connected, the park has the capacity to generate 30 GWh of renewable energy annually, equivalent to the green electricity needed to power 14,000 Polish households.
Additionally, Statkraft has a market access agreement for two other Better Energy solar parks, Helenowo and Nidzica, which are already grid-connected and have annual production capacities of 74 GWh and 75 GWh, respectively.
The partnership began in 2021 with a PPA on the Resko solar park, which has an expected annual production capacity of 40 GWh. Now, the cooperation between the two companies encompasses four solar parks, enabling Statkraft to offtake 150 GWh of green energy from Better Energy solar parks.
"Statkraft is passionate about driving the renewable energy shift across Europe. We are therefore very happy that we could contribute to the energy transition of Poland together with Better Energy,” says Pieter Schipper, Vice President of Northwestern European & US Origination at Statkraft.
Increased growth in the Polish PPA market
The partnership between Statkraft and Better Energy demonstrates the increasing demand for PPAs in Poland, with companies from various sectors and varying energy needs choosing to purchase renewable energy. Through PPAs sourced from Better Energy, companies of all sizes can secure green energy in the long term, reduce emissions, reach sustainability targets and add momentum to the Polish energy transition.
“The expansion of our comprehensive partnership with Statkraft, one of Europe’s largest energy companies, is an important step forward for Better Energy in Poland and great news for the Polish energy transition,” says Mikkel Thorup, Director of PPAs at Better Energy. “PPAs are seen as an important tool for increasing renewable energy production in Poland, reducing the country’s dependence on fossil fuels, while providing companies with the opportunity to purchase affordable green energy.”
Shared ambition to accelerate the adoption of green energy in Poland
Statkraft has been active in Poland since 2018, focusing on upstream and downstream PPAs, especially for energy-intensive industrial companies, and increasing renewable energy production through developing their own wind and solar projects. The continued partnership strengthens Better Energy’s position at the forefront of Poland’s transition to renewable energy. Better Energy owns and operates five solar parks across Poland with a total capacity of 236 MW and a development portfolio that currently stands at over 2.5 GW. All of its Polish parks have been developed thanks to positive engagement and dialogue with local landowners, neighbours and authorities.
About our partner
Statkraft is a leading company in hydropower internationally and Europe’s largest generator of renewable energy. The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating. Statkraft is a global company in energy market operations. Statkraft has over 5,700 employees in 21 countries.
Statkraft has been active in Poland since 2018 in the renewable energy trading segment. The company offers physical and financial PPAs as well as develops wind farms, solar farms and energy storage projects in Europe and internationally. In 2022, Statkraft opened an office in Warsaw, expanding its local operations to include investments in renewable assets. The company is owned by the Norwegian state and has an A credit rating from S&P.
For media inquiries contact Aleksandra Konecka-Olszewska | a.konecka@lhse.pl