Emeren Group Completed Sale of 58 MW of Solar Projects in Poland

prnewswire | June 05, 2023 | Read time : 01:49 min


Emeren Group Ltd, a leading global solar project developer, owner, and operator, today announced that it completed the sale of 58 MW solar projects in Poland to Spectris Energy, a wholly-owned subsidiary of GoldenPeaks Capital, an energy producer focused on turnkey construction and operation of renewable solar energy. The projects are a portfolio of solar farms located in Voivodship Pomorskie, Poland. It was sold at the "Ready to Build" stage, and Spectris Energy will complete the construction and retain long-term ownership.

Yumin Liu, CEO of Emeren Group, commented, "We are delighted to announce this deal with Spectris Energy in Poland, which continues our successful track record in Europe. This achievement reinforces our commitment to expanding our renewable energy portfolio and advancing a sustainable future. With our expertise in solar project development, we have strengthened our position as a leading player in Poland."

Tomasz Stopyra, Chief Development & Acquisition Officer of Spectris Energy commented, "We are excited to have collaborated with Emeren Group on this transaction. The transaction aligns with our long-term strategy of developing and operating renewable energy projects throughout Europe. Through strategic investments and partnerships, we are determined to drive the adoption of sustainable energy solutions and create a cleaner, more sustainable future for generations to come."

About Emeren Group Ltd

Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The Company focuses on solar power project development, construction management and project financing services with local professional teams across multiple countries. For more information, go to    

About GoldenPeaks Capital

GoldenPeaks Capital is a clean energy producer focused on turnkey construction and operation of renewable solar energy. It has over 15 years of experience in structuring energy projects around the world, with a total capacity of over 6,000 MW completed and implemented through its 100% subsidiaries, such as Spectris Energy in Poland.


Urgent action must be taken to accelerate Australia’s progress towards 43 per cent emissions reduction by 2030 and net zero emissions by 2050. Solar photovoltaics (PV) will be one of the most important technologies to achieve decarbonisation of the global energy system, however, a step change in costs is needed to unlock its full potential.


Urgent action must be taken to accelerate Australia’s progress towards 43 per cent emissions reduction by 2030 and net zero emissions by 2050. Solar photovoltaics (PV) will be one of the most important technologies to achieve decarbonisation of the global energy system, however, a step change in costs is needed to unlock its full potential.

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Power Capital and Google Sign Agreement for Irish Solar Initiative

Google | September 08, 2023

PCRE has entered into a power purchase agreement with Google for a 14-year supply of 58 MW of solar energy to Google's facilities in Ireland. PCRE is investing €54 million to construct an 83 MW solar farm in County Wexford, connected to a dedicated 110kV substation for efficient energy distribution. Google demonstrates its commitment to renewable energy by partnering with PCRE and other clean energy projects in the United States. PCRE has ambitious plans for 5 GW of operational capacity from solar and energy storage installations in Ireland and the United States by 2030. Power Capital Renewable Energy (PCRE), an Irish firm specializing in solar power plant design, development, financing, construction, and operation, has entered into a significant power purchase agreement (PPA) with the tech giant Google. The essence of this agreement lies in its capacity to provide Google's data center and office facilities in Ireland with an impressive 58 MW of solar energy. Peter Duff and Justin Brown, Co-Chief Executives and Founders of Power Capital Renewable Energy said, We are very active in the corporate power purchase market and the opportunity to partner with Google on a transaction like this is a very significant milestone for us. [Source – Saur Energy International] Understanding the requirements and aligning the interests of both the companies to achieve the desired outcome had resulted in a further 83MW of solar energy being connected to the grid, reducing Ireland's carbon emissions, and helping to reach the 2030 targets, added Peter and Justin. This PPA is a substantial commitment spanning fourteen years, combined with a share of energy production from an impressive 83 MW solar farm, currently amid construction in County Wexford (Ireland). PCRE is committed to investing a substantial €54 million to develop and link this solar facility to a dedicated 110kV substation. This substation, exclusively established for this project, ensures the seamless integration of the solar farm into the Eirgrid-operated transmission system, facilitating efficient energy distribution. AIB and La Banque Postale provided funding for the project in the early part of 2023. It will be completed by early next year. Google's strategic involvement in this agreement symbolizes its unwavering dedication to bolstering its renewable energy portfolio. A prime example of this commitment is the company's recent partnership with Apex Clean Energy to secure a substantial 189 MW capacity from the Timbermill Wind project in North Carolina, USA. In addition, Google has demonstrated its environmental stewardship by collaborating with EDPR North America Distributed Generation LLC on over 80 distributed solar PV projects, collectively amassing an impressive 500 MW capacity, thus championing clean energy initiatives throughout the United States. Data Center Energy Senior Lead at Google Ainhoa Anda mentioned, Climate change is one of the biggest challenges of our time, but we feel that technology can be part of the solution. That’s a central motivation behind our goal to operate on carbon-free energy every hour of every day by 2030. Data center energy team of Google is excited about collaborating with Power Capital Renewable Energy for their first long-term renewable energy deal in Ireland. Ainhoa emphasized that such deals would take the company one step closer to a carbon-free future by contributing to the addition of new clean energy sources to Ireland's grid. By 2030, Power Capital Renewable Energy expects 5 GW of operational capacity from its Solar PV and BESS installations in Ireland and the United States. The company has adopted a comprehensive long-term strategic approach that spans the entire power plant life cycle, encompassing everything from initial planning to ongoing maintenance. As the project owner, PCRE plays an integral role in monitoring the development of power plants.

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Grid Environment

SAP SE Joins FREYR Battery's ETAC Expediting Decarbonization Efforts

SAP | September 06, 2023

FREYR Battery welcomes SAP SE into the Energy Transition Acceleration Coalition Tom Einar Jensen, FREYR's Co-founder and Executive Chairman, says SAP brings world leading enterprise software solutions and a shared commitment to exploring commercial opportunities On September 05, 2023, FREYR Battery, a leading developer of next-generation, environmentally friendly battery cell production capacity, welcomed SAP SE into its Energy Transition Acceleration Coalition (ETAC). SAP SE is a globally recognized software producer known for its expertise in managing business processes. With SAP SE joining the ETAC, this collaborative alliance of global business partners dedicated to commercializing decarbonization solutions through clean battery deployment now includes a prestigious lineup of members, including Glencore Plc, Caterpillar Inc., Siemens AG, and Nidec Corporation. SAP SE has actively participated in various initiatives geared towards defining optimal collaboration methods. These initiatives encompass closed-loop battery recycling, data exchange facilitated by business networks, AI-driven automation for cell manufacturing, modular production techniques for battery assembly, and robust recycling practices via meticulous material accounting. The ETAC functions as a global strategic alliance uniting industry leaders from both industrial and technological sectors. Its primary objective is to identify and explore mutual commercial opportunities along the entire battery value chain. Potential areas of collaboration within this initiative encompass battery cell manufacturing, integration of battery packs and modules, digital and software services, mining and refining, power market stationary storage applications, electric transportation solutions, as well as recycling and end-of-life solutions. FREYR's Co-founder and Executive Chairman, Tom Einar Jensen, said, "We are delighted to welcome SAP, one of the world's premier software companies, into the ETAC on behalf of our other partners. SAP brings a global network of strategic business relationships, world leading enterprise software solutions, and a shared commitment to exploring commercial opportunities that are aligned with our vision to accelerate the energy transition across key sectors, and to incubate and develop innovative technology solutions together." He added, "This partnership will be marked by a dedicated focus on the digital thread, leveraging SAP's extensive network of customers and partners. The ETAC will pave the way towards a digitally empowered future within the battery industry." SAP's Global Battery Practice Lead, Stephan Fester, commented, "We are honoured to be part of the ETAC and to support FREYR in developing decarbonized solutions through clean batteries. The collective challenge faced by all stakeholders within the battery value chain is the scaling of the battery business. Consequently, all parties are actively seeking the optimal solution to start lean and quick but able to scale as the business grows." He further said, "Our strategy is to focus on the end-to-end battery value chain, from mining to refining, from cell manufacturing to module and pack assembly, from finished goods production to operations and recycling. With our experience from 26 different industries, we will create new opportunities to accelerate time to market and to establish new business around decarbonized battery solutions. With our partnership approach we focus on value realization to ensure customer success."

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Enphase Energy and BayWa r.e. Expand Distribution Partnership in Poland

globenewswire | July 24, 2023

Enphase Energy, Inc, a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today that Enphase has expanded its global relationship with renewable energy company BayWa r.e., a leading global developer and solar photovoltaic (PV) distributor, to distribute Enphase’s family of IQ8™ Microinverters in Poland, including the latest models with peak output AC power of up to 384 W to support newer high-powered solar modules. “We are excited to take this next step in our partnership with Enphase to expand the portfolio of Enphase products we offer to the European market through our distribution network,” said Łukasz Zaziąbł, managing director at BayWa r.e. Solar Systems Sp. z o.o., a distributor of Enphase products with a location in Poland. “Clean energy is growing rapidly across the globe, and the family of IQ8 Microinverters has the ability to transform the way people power their homes.” The newest IQ8 Microinverters are designed to maximize energy production and can manage a continuous DC current of 14 amperes, supporting higher powered solar modules through increased energy harvesting. The three new microinverters – IQ8MC™, IQ8AC™, and IQ8HC™ – feature a peak output power of 330 W, 366 W, and 384 W, respectively, and are designed to seamlessly pair with a full range of solar modules up to 560 W DC. All IQ8 Microinverters activated in Poland come with a 25-year warranty from Enphase. “This expansion into Poland with BayWa r.e. is a testament to the growing demand for our products across Europe and our strong, long-term relationships with our distributor partners,” said Marco Krapels, vice president of international sales at Enphase Energy. “Together with BayWa, we’re expanding access to innovative solar and battery systems to help Polish households join in the clean energy transition.” Enphase began production shipments of microinverters from its contract manufacturer Flex in Romania earlier this year. With the Flex Romania factory, Enphase has increased its global capacity of microinverters per quarter, enabling Enphase to improve delivery times to European customers while addressing the region’s rapid growth and demand for residential solar. About Enphase Energy, Inc. Enphase Energya global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power—and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 63 million microinverters, and approximately 3.3 million Enphase-based systems have been deployed in more than 145 countries. For more information, visit and follow the company on Facebook, LinkedIn and Twitter.

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