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Renesola Ltd (NYSE:SOL) - ReneSola Bags 33 MW Solar Projects From Poland s Electricity Auction

Renesola Ltd (NYSE:SOL) - ReneSola Bags 33 MW Solar Projects From Poland s Electricity Auction
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Poland allocates 2 2 GW of solar in renewables auctions

Poland allocates 2.2 GW of solar in renewables auctions, versus 300 MW of wind The Polish Energy Regulatory Office (ERO) has announced the final results of its solar and wind auction for projects above 1 MW and another procurement exercise for renewables up to 1 MW in size. The tenders were held on June 8 and June 11, respectively. In the first of the two auctions, solar accounted for around 1.2 GW of the assigned capacity. Around 24.7 TWh of power was contracted in total, which is only 68% of the 38.7 TWh that the ERO had expected to assign. Around 300 MW of capacity was set aside for wind power projects.

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