The SUNfarming Group has secured a financing framework of 20 million euros for the construction of 40 MWp photovoltaic projects in Poland.
SUNfarming Polska plans to expand the existing solar portfolio in Poland this year with projects to at least 40 MWp. Predominantly, projects will be realized with won auctions from 2017 and 2018.
The first projects to be financed through the acquired line are four photovoltaic plants, each with 1 MWp and a total capacity of 4 MWp, in Ostrołęka. All plants were put into operation in December 2018 and were awarded a contract in the first Polish test tender at the end of 2016.
Another part of the financing is planned for new projects with a total capacity of 5 MWp, which are already in the portfolio of SUNfarming. Three SUNfarming solar parks, each with 1 MWp, are to be built near Łask in Łódź Province, two more solar parks in the province of Lower Silesia near Ząbkowice Śląskie. These projects have won in the tender of June 2017, completion is until 30.06.2019. By winning the tender, all PV parks benefit from a 15-year "contract for differences" with the Polish Energy Agency URE, which guarantees a fixed feed-in tariff for each kWh produced by paying the difference to the market price.
The financing facility of 20 million euros, which was taken up by the SUNfarming Group, is used to finance the construction phase of the existing and planned photovoltaic projects of SUNfarming in Poland and was collateralised at the level of a Polish asset holding company owned by the project companies. SUNfarming was supported by a well-known Financial Advisor from Frankfurt am Main, who was tasked with structuring the transaction and debt sourcing.
"We are pleased to announce the closing of this transaction, which we completed within 6 weeks of the turn of the year. We thank all involved for the efficient and professional cooperation. The bridging line enables us to consistently implement our strategy in Poland and accelerate our international growth. With a planned PV capacity of 1.2 GW by 2020 with currently only about 360 MW of installed capacity, Poland represents an important future market for us, "says Martin Tauschke, Managing Director of SUNfarming GmbH and SUNfarming Polska sp.z.o.o.>
(Editor Hinrich Neumann)
A demonstration plant of the German Energy Agency as well as the two German companies Bioltec Systems GmbH and Sunfarming GmbH will show how food cultivation, energy production and mobility can interact efficiently and sustainably.
The German Energy Agency (Dena) has launched an extraordinary pilot project in its Renewable Energy Solutions program (Dena RES program). In cooperation with the two German companies Bioltec Systems GmbH and Sunfarming GmbH, a training and demonstration center for the German Energy Agency (DMA) has been set up Renewable energy, energy use of waste and sustainable mobility in the Caribbean combined with intelligent control of the overall system.
As a hybrid center, the trend-setting facility combines several technologies: A combined heat and power plant supplies electricity and heat to a school on whose grounds the project was realized. The special feature of this plant is that it is operated with biodiesel. This fuel can be made, for example, from used cooking oil that exists on the island. In addition, this biodiesel will be used to operate specially converted vehicles used in Bahamas waste management.
Electricity for irrigation and vehicles
In addition, a greenhouse with a photovoltaic system was built. On the one hand grow food in it, on the other hand, the greenhouse produces not only the power required for their own drip irrigation, but can also feed into the home network or in the battery system for an emergency power supply. The battery system also serves as a charging station for e-bikes and e-motorcycles. An intelligent controller ensures that such a system can also work in off-grid regions.
The reference plant will produce a total of around 50,000 kilowatt hours of electricity and 80,000 kilowatt hours of heat from renewable energies annually, thus avoiding 40 tonnes of carbon dioxide emissions. It shows how food cultivation, energy production and mobility can interact efficiently and sustainably, and already serves as a visual aid for teaching environmental management.
Food and energy - the greenhouse and the transport vehicle converted from diesel to biodiesel (Source: Dena)
Original article in topagrar-online/German: