Mr Grošelj, what developments do you expect for your Eastern Europe markets in the next 12 months?

We expect the markets to remain flat, with no significant growth anticipated in the medium term. Our industry experienced record-breaking demand and shipment volumes in 2022–2023, which led to sky-high expectations combined with panic buying and hyperinflation in the aftermath of COVID-19 and the outbreak of the war in Ukraine.

You mean overcrowded warehouses, falling demand and prices?

Yes, exactly. The overordering during the period of exceptionally high demand led to a massive oversupply across the industry, affecting all types of equipment – from PV modules and inverters to mounting systems. The destocking process is still ongoing, with both manufacturers and European distributors holding large inventories from that period. As a result, current market activity and prices remain well below the levels seen in 2022–2023.

Do you expect the market to stabilise?

The decline is slowing and stabilising at a new, albeit lower, level. At K2 Systems, we focus on what we can influence. We continue to serve our customers with the utmost respect while developing new technical solutions, enhancing our service offering, and introducing innovative business models. We also place great importance on our so-called indirect customers – those who purchase our products through our sales partners rather than directly from us. It is important to us to ensure good service for all customer groups, as this is the only way to achieve sustainable customer loyalty.

What are your long-term expectations for the markets you oversee up to 2030?

The enormous growth of the past five years has also brought challenges, prompting regulators to impose certain restrictions on the industry. In many countries in our region, electricity grids are overloaded. As a result, regulators have removed incentives for photovoltaic power plants in the residential segment, where the number of small, decentralised energy producers is highest.

Can you give us an example?

One such measure was the elimination of net metering schemes in several countries. Net metering allowed households to feed surplus energy into the grid during the day and draw energy from it during periods of low production. Since upgrading public power grids is both time-consuming and capital-intensive, and government budgets are already constrained, storage systems are becoming the new key element in residential markets. While households are expected to gradually adopt storage solutions, we anticipate only modest growth.

Is power storage the solution to grid problems in your markets?

However, investments in storage alone are not enough. A more comprehensive transformation of household energy consumption is necessary to increase self-consumption and reduce grid feed-in. This includes the introduction of new heating systems such as heat pumps and electric vehicles. However, this is an extremely capital-intensive process that rarely happens quickly, even though storage systems are already being promoted in many countries. The use of storage systems in private households is still far from reaching the level of net metering times. Therefore, commercial real estate and large solar parks – especially those with storage systems – will remain the most active segments for some time to come.

What are your expectations specifically for your market segment mounting systems?

Regarding overall demand in our region, we do not expect a major boom before 2030. Instead, we expect stagnant demand and annual installation volumes below the peaks of 2022–2023. This outlook does not take into account other influencing factors such as energy market prices or potential geopolitical events that could significantly impact the attractiveness of PV investments. Our goal is to at least maintain or even expand our market share in the rooftop segment, even in a challenging market environment.

Thank you

Interview by Manfred Gorgus





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Inion Software is a fast-growing Lithuanian firm specialising in energy management solutions for the renewable energy sector. Revenue rose from €181,000 in Q1 2024 to €267,000 in Q1 2025 – a 48% increase. The company reported €1.2 million in revenue for the full year 2024. Following the strong start to 2025, Inion expects to surpass that figure as demand for European-made digital energy solutions grows.

Clear trend towards more AI in energy management

According to Dr. Stanaitis, the company’s growth is driven not only by rising demand for advanced digital tools that collect, process and display data from solar and wind power systems. The software also serves a growing market for smart batteries and storage systems requiring data processing, alongside increased awareness of cybersecurity in renewable energy infrastructure. Dr Šarūnas Stanaitis, CEO of Inion Software, says: “More and more energy producers and users are turning to smart, secure and AI-based platforms to manage energy flows, optimise storage and make informed trading decisions.”

Positive market prospects boost the company

Inion’s software tools leverage artificial intelligence and real-time analytics to optimise battery charging cycles, the timing of power sales, and overall system performance. This helps customers maximise their return on investment. Global trends support the company’s positive outlook. Citing the Global Market Outlook published by SolarPower Europe in May 2025, the Lithuanian company expects annual growth in global solar energy installations of more than 10% between 2025 and 2029. “The renewable energy sector remains one of the most dynamic in the world,” says Dr Stanaitis. “We will continue to invest in existing products and bring new solutions to market tailored to the evolving needs of this market.”

Inion expands into Italy and eyes further EU growth

With Inion management systems already in use in large-scale renewable energy projects – a recent example being the Švyturys-Utenos Alus brewery, where the company completed the second phase of energy management for Lithuania’s largest solar power and energy storage project to date – the company entered the Italian market in 2024. Collaboration with local partners on energy storage solutions featuring integrated control systems is already underway, with plans to expand to other EU countries in the near future. “Italy is just the beginning,” added Dr Stanaitis. “We are currently exploring opportunities in other EU countries.” (mg)





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Inion Software is a fast-growing Lithuanian company specializing in energy management solutions for the renewable energy sector. The company recorded revenue of €181,000 in the first quarter of 2024, which increased to €267,000 in the first quarter of 2025 – an impressive increase of 48%. For the full year 2024, the company reports revenue of €1.2 million. Following the positive result in the first quarter of 2025, Inion Software expects to exceed this figure in 2025 as demand for digital energy solutions made in Europe continues to grow.

Clear trend towards more AI in energy management

According to Dr. Stanaitis, the company’s growth is driven not only by the rising demand for advanced digital tools that collect, process, and display data from solar and wind power systems. The software also serves a growing market of smart batteries and storage systems that need data processiing, along with an increased awareness of cybersecurity in renweable energy infrastructure. Dr. Šarūnas Stanaitis, CEO of Inion Software says: “More and more energy producers and users are turning to smart, secure, and AI-based platforms to manage energy flows, optimize storage, and make informed trading decisions.”

Positive market prospects boost the company

Inion’s software tools leverage artificial intelligence and real-time analytics to optimize battery charging cycles, the timing of power sales, and system performance. This helps customers maximize their return on investment. Global trends confirm the company’s positive outlook. Citing the Global Market Outlook published by SolarPower Europe in May 2025, the Lithuanian company expects annual growth in solar energy installations worldwide of over 10% between 2025 and 2029. “The renewable energy sector remains one of the most dynamic in the world,” says Dr. Stanaitis. “We will continue to invest in existing products and bring new solutions to market tailored to the evolving needs of this market.”

Inion expands into Italy and eyes further EU growth

With Inion management systems already being used in large-scale renewable energy projects – a recent example being the Švyturys-Utenos Alus brewery, where the company completed the second phase of energy management for Lithuania’s largest solar power and energy storage project to date – the company entered the Italian market in 2024. Collaboration with local partners on energy storage solutions with integrated control systems has already begun there, and plans are to expand to other EU countries in the near future. “Italy is just the beginning,” added Dr. Stanaitis. “We are currently exploring opportunities in other EU countries.” (mg)





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Can you briefly describe the core business and market segments in which K2 Systems operates?

K2 Systems is an internationally operating developer and manufacturer of photovoltaic mounting systems. We primarily operate in the rooftop segment, which can be divided into the residential and commercial rooftop segments. In addition, we offer solutions for façades on commercial buildings, as well as for carports and ground-mounted systems.

When and why was K2 Systems d.o.o. established in Slovenia?

Slovenian K2 d.o.o. was established as a sales company in 2021. Our parent company, K2 Systems, was founded in 2004, reflecting extensive experience in the industry, considering that the PV sector is still relatively young. Our founders recognised a first-mover advantage by addressing the market’s need for easy- and fast-to-install mounting system solutions. This remains the core strategy of the company today, now further enhanced by digital solutions used daily by our clients to help streamline and simplify their work. Our task is to transport this philosophy to the Eastern European markets served by our branch.

How long have you been with the company, and what is your role?

I joined K2 Systems in November 2011, initially working in Sales with responsibility for Slovenia and Croatia. After several years, I became Country Manager for multiple countries in Central and Eastern Europe (CEE), and in 2024, I took on the role of Head of Sales CEE.

How many countries do you serve, and how big is your team?

Our team of 10 professionals oversees 19 markets across Northern to Southeastern Europe, including the Baltics (Estonia, Latvia, Lithuania), Poland, the Czech Republic, Slovakia, Hungary, Slovenia, Romania, Moldova, Croatia, Bosnia and Herzegovina, Serbia, Montenegro, North Macedonia, Kosovo, Albania, Bulgaria, and Greece.

How do the individual markets that you serve vary?

Some markets are very similar, while others differ significantly. This depends on several factors, one of the most important of which is always the political attitude toward photovoltaics. Our industry remains highly dependent on politics – and politics regulates both the incentive systems and the technical framework for the planning, construction and grid connection of PV systems.

How much impact do regulations have on the market?

Regulatory decisions can lead to strong demand in some countries, while the market weakens in others. Or there might be a vibrant residential real estate market in some countries, while it virtually disappears in others due to sudden regulatory changes. Therefore, we are currently focusing on the industrial roofing segment.

Does that apply to all the markets you serve?

Only a few countries offer a combination of all market segments – residential and industrial rooftops and solar parks. We operate across 19 countries, encompassing around 15 distinct languages. The countries differ culturally, in language, religion, legislation and business practices. We operate from Estonia in the north to Greece in the south, spanning approximately 2,500 kilometres. Some of the countries are full members of the European Union, others participate in the EU’s internal market or are entirely outside the Union.

What kind of competition do you face in your markets?

We face strong competition from local manufacturers as well as from German, Polish and – very importantly – Turkish and Chinese players. Many of them are well-established and respectable competitors, while others focus primarily on cost-efficiency. Our approach is to differentiate through quality, innovation and service.

What are the key features that set K2 apart?

We strive to be different – through our products, sales and service, including the sourcing of our materials. Our proposition includes software solutions, such as K2 Base, as well as other digital tools that simplify and accelerate work for our various customer groups. Our technical support is committed to fast, responsive service with deep technical expertise – a mindset that has been integral to our company since its founding. Last but not least, we are able to provide complex, customised solutions tailored to our clients’ unique needs.

How important is sourcing as a competitive advantage?

On the sourcing side, K2 Systems is committed to responsibility and sustainability. For example, we prioritise the use of recycled aluminium, which requires only about 5% of the energy needed to produce aluminium from raw materials. As a company operating in the renewable energy sector, it is essential that our activities help reduce emissions rather than contribute to them. Since aluminium processing is highly energy-intensive, we are committed to maintaining a forward-thinking and responsible approach in all aspects of our sourcing.

What are your objectives in the markets you serve?

In every market, our goal is to have one or more distributors, depending on the market’s size. We select partners carefully – they must share our values, demonstrate business resilience and have a long-term perspective. Only with such compatible partners can we build long-term relationships that lead to strong brand recognition and high customer satisfaction, which is our primary objective.

Thank you.

Interview by Manfred Gorgus.





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AIKO, a global company known for developing and producing high-efficiency solar technology and the inventor of N-Type ABC (All Back Contact) technology, supplied modules for the Stolac Solami Park project developed by Tibra Pacific. With an installed capacity of 64 MW, it is currently the largest grid-connected ground-mounted PV plant in Bosnia. Launched in 2024, the project uses AIKO’s Stellar 1N+ ABC modules, renowned for their high efficiency and long-term reliability. The PV modules are installed on a classic fixed-tilt ground-mounted substructure with an optimised layout for maximum energy yield.

Simulation over three decades provides evidence

A 30-year simulation comparing AIKO’s ABC modules with TOPCon reference systems demonstrated a consistent performance advantage. The total energy production of the AIKO ABC modules reached 2,564.35 GWh in the simulation, corresponding to an energy gain of 38.54 GWh, or 1.54%, compared to the TOPCon system (Tunnel Oxide Passivated Contact). The yield increase was 0.80% in the first year, with this advantage expected to grow over time. This long-term performance benefit results in higher overall system output and enhances energy security throughout the plant’s operating life, experts say. In addition, the ABC system’s high power density and larger active module area mean fewer modules per installed megawatt, fewer strings, less mounting structure, fewer installation components and reduced cabling. These factors further improve the overall efficiency of the solar farm.

Higher returns

In addition to their technical performance, AIKO’s ABC modules offer notable financial benefits, including a shorter payback period of 16 years and 4 months compared to 17 years and 3 months for TOPCon systems, a lower levelised cost of electricity (LCOE) due to higher energy yields and reduced balance-of-system (BOS) costs, and an improved return on investment (ROI) over the project’s lifetime. These advantages make the ABC system a more bankable and economically efficient option for utility developers aiming to maximise long-term value.

Better durability

Designed for harsh and variable conditions, AIKO’s modules are expected to demonstrate excellent durability against typical installation stresses, temperature fluctuations and mechanical loads at the project site. Their uniform ABC design also enhances resistance to micro-cracks and more effectively suppresses hotspots compared to conventional technologies. The standardised size of 2,382 × 1,134 mm and 30 mm thickness ensures compatibility with common mounting systems.

Milestone with 12 percent more electricity yield says chairman

“This project is a milestone for renewable energy in Bosnia and Herzegovina,” said Robert Brajkovic, Chairman of Tibra Pacific. “As the largest operating ground-mounted PV plant in the country, we needed a technology that would perform reliably not only in the lab but also in the field. AIKO’s modules deliver 12 percent more energy output and help reduce electricity costs by 3 percent in the first phase compared to the TOPCon setup. As a result, we converted the entire second phase to ABC. Their number-one efficiency and consistency under real-world conditions set a new benchmark for us.” (mg)

 





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Mr. Emmerich, please give us the lowdown on GOLDBECK Solar Polska?

GOLDBECK SOLAR Polska Sp. z o.o., based in Poznań, is part of the GOLDBECK SOLAR Group and employs around 60 people. The company focuses on large-scale PV systems and operates from the site of GOLDBECK-Bau, active in Poznań since 1997. Though independent, it benefits from close ties to its German parent.

How has your company developed in Poland?

We started in 2019 with freelancers and an initial 7 MW project. We brought our first major project, a 204 MW plant, online in 2020 after a veritable odyssey with various partner companies. Since then, we’ve grown continuously. I’m on-site in Poland every other week.

In your opinion, what are the particular challenges of building solar power systems in Poland?

There are some special conditions. For example, a building permit is required for rooftop systems, and both the construction manager and the electricians must be specially certified. One of the biggest challenges, however, is grid connection: This can only be applied for after the system’s project development has been fully completed, which not only requires financial expenditure that is at risk, but also makes precise scheduling difficult or even impossible. Furthermore, the Polish power grid, like many others in Europe, is not designed for decentralized feed-in. Therefore, there is always a risk that grid connection will not be granted.

This is a significant risk. What do you do if the grid connection is not approved?

We have several strategies for such cases. This includes self-consumption by large commercial consumers with very high electricity consumption. These consumers are connected to the PV generator via a direct wire and supplied under a power purchase agreement. If the PV system is located in an area with a heavily congested power grid, there is the option of applying for an alternative grid connection point using a longer cable route.

What role does energy storage play in connecting to the grid?

Last but not least, cable pooling with other renewable energy generators, such as wind turbines, and the use of battery storage systems (BESS) enable grid capacity expansion. We are currently completing the first 90 MWp PV system that feeds into the grid via cable pooling together with a wind turbine. This should be the first utility-scale PV system in Poland to utilize this option. We are also currently calculating the addition of a battery storage system to expand grid capacity for one of our customers.

What system capacity do you need to start with in Poland?

In Poland, we generally start with 30 MWp. Our team at GOLDBECK SOLAR Polska also builds substations and high-voltage transmission lines for our customers. This significantly simplifies the unfamiliar and difficult bureaucratic process of dealing with grid operators and is an additional selling point for us. The longest transmission line we have built to date was 32 kilometers long and transports the power of a 200 MWp system. However, our goal is to build grid-connected systems of 100 MW or larger whenever possible, as this capacity offers greater economic synergies.

What are your personal experiences in the Polish PV market?

If you want to be successful in Poland, you need to be perceived as a Polish company. This also makes Polish bureaucracy easier to manage. Nevertheless, PV system development and construction remain challenging. From the project idea through the planning phase to the grid feed-in approval, we estimate it takes about three to four years – anything less than that becomes difficult. We also try to conduct our business with Polish suppliers in PLN as much as possible to minimize currency risk.

Is there a project that stands out in your memory?

Yes, a PV system we built uses the substation of the never-built Polish Żarnowiec nuclear power plant. For me, this is a powerful first symbol of the transformation in Poland’s energy supply. Construction of the Żarnowiec nuclear power plant was halted following significant public protests following the Chernobyl disaster in 1986.

Poland’s grid overhaul: Integrating 90 GW of renewables by 2040

How do you assess the Polish PV market over the next 24 months and until 2035?

The market environment will remain challenging over the next 24 months. Project implementations will be delayed, and grid capacity will be far from sufficient. This will lead to increased price pressure on the EPC side, which will lead to a certain market consolidation. There will be very few stand-alone PV projects in Poland in the future. Hybrid systems consisting of PV and other renewable energy generation systems and/or battery storage (BESS) will become the rule rather than the exception. The BESS market will develop rapidly in Poland compared to other European countries. We will see the first large-scale self-consumption projects. All in all, one of the most exciting markets in Europe until 2035 with an increasing number of installations, the biggest challenge of which will be the connection to the electricity grid.

Thank you.

Interview by Manfred Gorgus





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As part of its international growth strategy, UK-based clean tech company Myenergi is officially launching its partnership with Greto Polska Sp. z o.o. through a high-impact installer training event on 5 June 2025 in Pabianice, near Łódź. The training marks the first in a series of local activations aligned with Myenergi’s strategic expansion into Eastern Europe, Southern Europe and the Nordics.

Poland becomes gateway for clean energy expansion in Europe

Poland is the starting point for a broader European clean energy rollout, as part of a strategic growth plan targeting Eastern and Southern Europe as well as the Nordics. These markets will be supported by a new European hub in Maastricht, the Netherlands, enabling streamlined logistics and technical support across the continent.

50 installers trained at market kick-off event

With the goal of capturing 10–20% of the Polish market and becoming one of the country’s top five energy technology providers, Myenergi is investing in installer training, local partnerships, and market support. This week’s event in Pabianice hosts 50 professionals and lays the foundation for widespread adoption of smart EV chargers, home batteries, and solar-integrated heating systems. “Poland is one of the fastest-growing clean energy markets in Europe,” said Pol Spronck, Managing Director Europe. “We’re committed to building strong partnerships and making our smart, green technologies accessible to all residential PV owners.”

Poland´s EV-market doubles

In April 2025, Poland saw a 101.9% increase in new fully electric vehicle registrations compared to April 2024, and year-to-date EV growth stands at +40%. These figures highlight a booming transition that’s already well underway—making Myenergi’s products, such as the Zappi smart EV charger, an ideal fit for the evolving residential and commercial energy landscape.

Strong growth for residential PV and Storage in Poland until 2030

At the same time, Poland’s residential solar PV market remains strong, with over 1.5 million micro-installations totaling 12.7 GW by the end of 2024, a 17% year-on-year increase. Government programs such as Mój Prąd continue to support residential PV and storage systems, fuelling further growth. The residential battery storage market is expected to grow from €54 million in 2023 to over €2.2 billion by 2030 (CAGR: 69.8%). Subsidies of up to €3,700 per household for battery systems with a minimum capacity of 2 kWh are driving higher self-consumption rates, boosting energy independence and grid resilience. Therefore, the Myenergi modular battery system “Libbi” is well-positioned to meet this growing demand.

First installer training: a launchpad for scalable growth

Myenergi’s inaugural installer training in Poland marks a key step in a market entry strategy. The event will feature hands-on installation workshops, in-depth product presentations, and insights into the company’s future roadmap. Attendees will also hear updates from key partners including Greto, VEE, and EV24, highlighting the collaborative effort behind the rollout.  Technical Director Marc Zeguers comments on the kick-off event: “This is more than just a product launch into the country. It’s a collaborative effort to bring intelligent energy systems into homes and businesses across Poland, backed by world-class technology and strong support.” The company goal is to establish itself not just as a new player, but as a future leader in Poland’s accelerating clean energy transition.

Myenergi and Greto powering smarter solar across East-Europe

UK-based Myenergi delivers smart energy tech like the “Zappi EV” charger and “Libbi” battery system to boost solar self-use and cut grid reliance. In Poland and beyond, distributor Greto brings local expertise and wide-scale reach—supplying installers in 21+ countries with PV systems, heat pumps, and EV solutions. Together, they combine innovation with on-the-ground strength to drive the energy transition. (mg)





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As part of its international growth strategy, UK-based clean tech company Myenergi is officially launching its partnership with Greto Polska Sp. z o.o. through a high-impact installer training event on June 5, 2025, in Pabianice, near Łódź. The training marks the first in a series of local activations aligned with Myenergi’s strategic expansion into Eastern Europe, Southern Europe, and the Nordics.

Poland becomes gateway for clean energy expansion in Europe

Poland is the starting point for a broader European clean energy rollout, as part of a strategic growth plan targeting Eastern and Southern Europe as well as the Nordics. These markets will be supported by a new European hub in Maastricht, the Netherlands, enabling streamlined logistics and technical support across the continent.

50 installers trained at market kick-off event

With the goal of capturing 10–20% of the Polish market and becoming one of the country’s top five energy technology providers, Myenergi is investing in installer training, local partnerships, and market support. This week’s event in Pabianice hosts 50 professionals and lays the foundation for widespread adoption of smart EV chargers, home batteries, and solar-integrated heating systems. “Poland is one of the fastest-growing clean energy markets in Europe,” said Pol Spronck, Managing Director Europe. “We’re committed to building strong partnerships and making our smart, green technologies accessible to all residential PV owners.”

Poland´s EV-market doubles

In April 2025, Poland saw a 101.9% increase in new fully electric vehicle registrations compared to April 2024, and year-to-date EV growth stands at +40%. These figures highlight a booming transition that’s already well underway—making Myenergi’s products, such as the Zappi smart EV charger, an ideal fit for the evolving residential and commercial energy landscape.

Strong growth for residential PV and Storage in Poland until 2030

At the same time, Poland’s residential solar PV market remains strong, with over 1.5 million micro-installations totaling 12.7 GW by the end of 2024, a 17% year-on-year increase. Government programs such as Mój Prąd continue to support residential PV and storage systems, fuelling further growth. The residential battery storage market is expected to grow from €54 million in 2023 to over €2.2 billion by 2030 (CAGR: 69.8%). Subsidies of up to €3,700 per household for battery systems with a minimum capacity of 2 kWh are driving higher self-consumption rates, boosting energy independence and grid resilience. Therefore, the Myenergi modular battery system “Libbi” is well-positioned to meet this growing demand.

First installer training: a launchpad for scalable growth

Myenergi’s inaugural installer training in Poland marks a key step in a market entry strategy. The event will feature hands-on installation workshops, in-depth product presentations, and insights into the company’s future roadmap. Attendees will also hear updates from key partners including Greto, VEE, and EV24, highlighting the collaborative effort behind the rollout.  Technical Director Marc Zeguers comments on the kick-off event: “This is more than just a product launch into the country. It’s a collaborative effort to bring intelligent energy systems into homes and businesses across Poland, backed by world-class technology and strong support.” The company goal is to establish itself not just as a new player, but as a future leader in Poland’s accelerating clean energy transition.

Myenergi and Greto powering smarter solar across East-Europe

UK-based Myenergi delivers smart energy tech like the “Zappi EV” charger and “Libbi” battery system to boost solar self-use and cut grid reliance. In Poland and beyond, distributor Greto brings local expertise and wide-scale reach—supplying installers in 21+ countries with PV systems, heat pumps, and EV solutions. Together, they combine innovation with on-the-ground strength to drive the energy transition. (mg)





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The financing will be provided by Bank Gospodarstwa Krajowego (BGK) as part of investments under G3.1.4 of the Energy Support Fund, Component G, RePowerEU, and will be used to connect both consumers and energy sources to the grid and to expand and modernise the distribution network to meet future-ready smart grid standards. It will also support investment in Information and Communication Technology (ICT) solutions to further enhance grid operations. These upgrades will extend across nearly the entire service area of Enea Operator Sp. z o.o., the distribution subsidiary of Enea Group, which manages and maintains the power network in western and northwestern Poland.

Future-proof network infrastructure is valued by the market

The company’s efforts have been positively received by the market, with Enea’s stock rising approximately 140% since Q4 of 2023 and about 40% in the first five months of 2025.

Grzegorz Kinelski, President of Enea: “The signing of this agreement with BGK is a major milestone in transforming our power grid. With these funds, we will accelerate the upgrades of our infrastructure, which will improve Poland’s energy security, facilitate connection of renewable energy sources, and allow energy consumers to actively participate in the market. We are implementing on our strategic goals outlined in the Enea Group Development Strategy until 2035, and supporting Poland’s energy transition.”

The energy transition in Poland is not an option – it is essential

Mirosław Czekaj, President of BGK comments on the loan- deal: “The energy transition is not optional – it is essential. BGK, as Poland’s development bank, supports investments that drive the energy transition, which is in the interest of the country and all its citizens. Thanks to EU funds under the National Reconstruction Plan, we have PLN 90 billion available for this purpose, including offshore wind farms. Today’s agreement is another step toward deploying those funds. Grid modernisation will be a catalyst for further investment in renewable energy sources, including photovoltaic power and energy storage. A more secure energy system will benefit the entire economy.”

Adapting to a shifting energy landscape

Enea Operator will use the loan funds to build and modernise several thousand kilometers of power lines, enabling the connection of new renewable energy sources and additional generation capacity. These investments will support Poland’s climate goals by significantly reducing greenhouse gas emissions. The project addresses current sector needs and prepares the grid for future challenges such as the growth of distributed generation, electromobility, and evolving energy consumption patterns. A modern, resilient power grid is essential for energy and national security, enabling the full potential of advanced technologies and helping to combat energy poverty.

Long-term loan secures infrastructure renovation

The loan will be disbursed in tranches between 2025 and 2036, with principal repayments scheduled from 2034 to 2050. The interest rate on the loan is 0.5% per annum. Over the 2035 planning horizon, Enea Group intends to invest approximately PLN 41 billion in its distribution segment to strengthen the resilience of the Polish power system and facilitate further growth in renewable energy sources. (mg)





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The second Contract for Difference (CfD) auction round for renewable energy is under Order no. 427/2025 of the Ministry of Energy. Projects are selected through a tender process based on the price offered by eligible participants in euros per MWh. The price cap for photovoltaics is set at 73 euros per MWh, which corresponds to 7.3 cents per kWh.

Conditions and Participation Criteria

Contract terms may be up to 15 years. The commissioning period is set at a maximum of 36 months after contract signing. The participation guarantee is EUR 20,000 per MW. The performance guarantee is EUR 75,000 per MW. The marginal offer can exceed the total subsidized power by up to 120%.

Regulatory Updates and Clarifications

Compared to previous auctions, there is no longer a 25% bid cap. The auction initiators expect broader participation by eliminating this cap. If a grid connection permit already exists, it must be attached to the application, otherwise the project will be disqualified. If the grid connection permit is not yet available at the time of application, it must be submitted within six months of the contract signing. Work on a project must not have started before July 20, 2022. “Start of construction” refers to the signing of the EPC contract and binding orders for equipment or physical construction work. All applications must include the following information: price per megawatt-hour in euros, the plant capacity in MWac, the planned commissioning date, and the final acceptance date.

Key Dates for the Second CfD Auction

Romania officially launched its second CfD auction on May 12, 2025, setting a structured timeline for the allocation of nearly 1.5 GW of photovoltaic capacity. Initial submissions are required by May 30, with responses expected from the authorities by June 16. Full applications must be submitted by July 11, after which the technical offers will be opened on July 14. Applicants will be informed of their eligibility on August 4 and will have until August 8 to file any challenges. These challenges will be reviewed and resolved by August 12, clearing the way for financial offers to be opened on August 13.

Next Steps and Contracting Timeline

Successful bidders will be notified on August 14, with ministerial approval of state aid expected by August 19. Final bidder documentation must be submitted by August 26. Contracts are to be signed by the successful bidders by September 9 and countersigned by the CfD counterparty by September 16. The process concludes with the submission of bank guarantees by October 7, 2025, solidifying the commitments that will help drive Romania’s transition to renewable energy. (mg)

 





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