Polish independent power producer (IPP) R.Power has signed a PLN231 million (US$58.5 million) deal with the Polish Development Bank to develop a 72MWp solar PV portfolio.
The deal – a loan agreement – covers projects in “various regions” of Poland which will be operational by the end of 2024. R.Power said that the portfolio is contracted under long-term power purchase agreements (PPA) with undisclosed third parties.