Emeren Group (SOL) has entered into a 7-year Power Purchase Agreement (PPA) for its solar farm located in the southwest Silesia region of Poland. Under this agreement, the solar farm will provide clean energy on a pay-as-produced basis to the Polish branch of a consumer goods company. The facility is expected to generate around 14,958 megawatt-hours (MWh) of renewable energy each year.
Yumin Liu, CEO of Emeren Group, commented on the achievement, stating, "The successful execution of this 7-year PPA highlights our capacity to deliver on vital elements of our renewable energy strategy in pivotal markets."