PAD RES and Electrum Concreo will build a photovoltaic power plant complex with a total capacity of 130.4 MWp. The complex, named PV Stargard, will be located in the West Pomeranian Voivodeship. The agreement, signed by both companies in recent weeks, also includes the creation of an energy distribution system consisting of 63 km of MV and HV cable lines.
“The PV Stargard complex is another significant initiative within the portfolio of renewable energy projects in the PAD RES group, emphasizing our commitment to the development of green energy and active involvement in the energy transformation process,” evaluates Wojciech Jasiński, Director of Construction Department at PAD RES. “It is no coincidence that we invited Electrum to implement this project. This decision was influenced, among other things, by the successful cooperation in the implementation of previous contracts and understanding the complexity of the planned undertaking. We see that we share common goals – we want our projects to contribute to further transforming Poland towards a more sustainable energy future,” explains Wojciech Jasiński.
“This is our next investment carried out jointly with PAD RES in Pomerania. Investments in this region are of particular importance to our business,” emphasizes Tomasz Słyż, Director of Implementation Team at Electrum Concreo. “We are pleased that through this implementation, we have the opportunity to work together with our partner towards the development of modern technologies for energy transformation and economic decarbonization,” adds Tomasz Słyż.
The PV Stargard photovoltaic power plants will cover an area of 176 hectares and generate energy equivalent to powering 69,000 households, thereby avoiding emissions of over 118,000 tons of carbon dioxide. The installation is expected to be operational in the first quarter of 2025.
About Electrum
Electrum Group is a leading Polish Climate Tech business based in Białystok, offering comprehensive solutions in the field of cutting-edge technology development, project construction, and management in the energy and information sectors. The technological maturity of its experts allows them to deliver products and services that respond to the evolving needs of the industry and businesses in line with the ongoing energy transformation. Electrum creates and implements solutions and builds projects based on the idea of an individual energy mix, striking a balance between the social and environmental responsibility of the business and its economic aspect.
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About PAD RES
PAD RES is a Polish developer of clean energy specializing in projects related to renewable energy, infrastructure investments, and commercial real estate. Founded in 2010, the company successfully manages the development of its investments from inception to the “ready for construction” or “ready for operation” stage. In September 2021, the majority of PAD RES shares were acquired by Griffin Capital Partners and Kajima Europe. The group plans to focus on further developing the PAD RES portfolio, which includes investments in photovoltaic and wind projects at various stages of development, both in the developer phase and ready for construction, with a total secured capacity exceeding 1 GW. Such a portfolio places the platform at the forefront of the developing national renewable energy sector.