Danske Commodities enters Polish renewables market with first PV deal signed
Under the agreement, Danske Commodities will provide market access and balancing for Stepien PV farm, which is developed and operated by Wento, a Polish market leader in onshore renewables, 100% owned by Equinor. Once operational, Stepien will have an installed capacity of 57.5 MW, making it one of the biggest PV farms in Poland.
“We are proud to announce Danske Commodities’ first renewables deal in Poland. With more than 10 years of experience trading power in the Polish market, we will use our trading expertise to support energy producers with balancing and route-to-market services,” said Jesper Tronborg, VP, Head of Global Trading & Market Development at Danske Commodities.
With Danske Commodities’ first PV deal in Poland now signed, the trading company is gearing up to support owner Equinor’s strategic ambitions in the region. Poland is an emerging core area for Equinor, which aims to be a preferred partner contributing to the Polish energy transition by developing renewables assets.
“The Stepien deal marks our entry into the Polish renewables market and supports Equinor’s ambition to develop profitable onshore positions in select power markets, with Poland being one of the key markets. As Equinor’s power trading arm and route-to-market for renewables, Danske Commodities will play an important part in achieving this ambition,” said Tronborg, and he concluded:
“With Danske Commodities’ first renewables deal in Poland in place, we are ready to further expand our portfolio and support the energy transition.”
Danske Commodities currently has a contract portfolio of +7,000 MW renewables in Europe.
Facts about Farma Fotowoltaiczna Stępień
- Asset: PV farm
- Location: Warminsko-mazurskie region, Poland
- Capacity installed: 57.5 MW
- Operator: Wento