Search Results for: Orlen

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Orlen signs €244m deal with EIB for renewable energy grid expansion
December 24, 2024December 24, 2024 Global, News

Orlen has secured a second agreement with the European Investment Bank (EIB) for nearly 1bn zlotys ($244m) to fund its strategic electricity distribution network programme. The investment will enhance renewable energy connections, including the development of 1,000 new EV charging points and an expansion of grid capacity to integrate 1.4GW of clean energy, powering 900,000 households. The programme will enable Energa Operator, an Orlen Group company, to begin projects in 2025, constructing 830km of power…

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Orlen Group secures EIB loan for Poland’s electricity distribution upgrade
November 14, 2024November 14, 2024 Global, News

Orlen Group has received a 3.5 billion zlotys ($866.6 million) loan from the European Investment Bank (EIB) to fund a major program aimed at modernizing and strengthening Poland’s electricity distribution network. The loan, to be disbursed in tranches over three years, will have a repayment period of up to 15 years. The initial tranche of financing is valued at 900 million zlotys. Energa Operator, Orlen’s distribution subsidiary, will lead the project, serving over 3.4 million…

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ORLEN acquires 300MW renewable energy assets in Poland
October 28, 2024October 28, 2024 Global, News

Orlen Group, through its subsidiary ORLEN Wind 3, has finalized the acquisition of two solar photovoltaic (PV) farms and a wind farm from EDP Renewables Polska, boosting its renewable energy generation capacity by more than 300 MW. The assets include solar PV farms in the Zielona Góra and Poznań provinces, and a wind farm in the Łódź province. This acquisition raises Orlen Group’s total installed capacity to 580 MW in onshore wind farms and over…

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Poland approves draft law to ease onshore wind farm restrictions
March 26, 2025March 26, 2025 Global, News

The government of Poland has approved draft legislation to relax restrictions on building onshore wind farms, moving towards fulfilling a 2023 election promise to accelerate renewable energy growth, Reuters reported. The proposed changes, pending parliamentary approval, would reduce the required distance between wind installations and residential areas while maintaining stricter permitting rules near national parks and protected zones. Poland’s Climate Minister Paulina Hennig-Kloska stated: “The Council of Ministers has just adopted, by circulation, the draft…

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Poland finalizes energy storage subsidy program for 5 GWh deployment
March 18, 2025March 18, 2025 Global, News

Poland’s Ministry of Climate and Environment has finalized its long-awaited energy storage subsidy program to support the deployment of more than 5 GWh of energy storage across the country. The new regulation was published in the Journal of Laws of the Republic of Poland on March 7, setting the stage for the National Fund for Environmental Protection and Water Management to launch the subsidy scheme by the end of Q1 or early Q2 2025. The…

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GE Hitachi advances BWRX-300 SMR to GDA Step 2 in UK
December 16, 2024December 16, 2024 Global, News

GE Vernova’s nuclear division, GE Hitachi Nuclear Energy (GEH), has reached a significant milestone with its BWRX-300 small modular reactor (SMR) technology, advancing to Step 2 of the Generic Design Assessment (GDA) in the UK. The GDA process began in January 2024 with an initial focus on establishing the scope and schedule for Step 2, which has now been completed. The BWRX-300, a tenth-generation SMR design, builds on GEH’s extensive experience with boiling water reactors…

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Laurentis Energy Partners collaborates on SMR development in Poland
November 22, 2024November 22, 2024 Global, News

Laurentis Energy Partners has partnered with ORLEN Synthos Green Energy (OSGE) to advance small modular reactor (SMR) development in Poland. The collaboration focuses on preparing the Preliminary Safety Analysis Report (PSAR), a critical document for licensing GE Hitachi Nuclear Energy’s BWRX-300 SMRs. The PSAR, mandated by Poland’s National Atomic Energy Agency, will assess environmental conditions, site characteristics, and other safety factors. Laurentis staff based in Ontario, Canada, will handle its preparation. The $40 million agreement…

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