EDPR secures long-term contract for 60 MW of Storage in Poland
EDPR secures long-term contract for 60 MW of Storage in Poland
Madrid, June 30th 2025: EDP Renováveis, S.A. (“EDPR”), has signed a long-term Optimization Agreement with Axpo Polska sp. z o.o., in which EDPR secures revenues under a floor and revenue share structure for a 60 MW (241 MWh) Battery Energy Storage System (“BESS”) project in Poland.
By the end of 2024, the project had already secured a capacity payment contract through the country’s primary capacity market auction which will be cumulative to this deal leading to a high contracted Net Present Value in line with EDPR investment policy. The project is expected to reach COD in 2027.
With this agreement, one of the first private deals of its kind in Poland, EDPR reinforces its commitment with innovation and the development of new technologies and underscores its belief in the critical role of storage in maximizing renewable energy's potential, fostering further the acceleration of the energy transition and the decarbonization of the economy.
This information is disclosed pursuant to the terms and for the purposes of the article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council.
EDP Renováveis, S.A.