Pacific Green secures 50MW BESS contract in Polish capacity auction
Pacific Green Technologies, Inc. (“Pacific Green”, OTCQB: PGTK) has secured its first capacity market contract in Poland for a 50MW / 200MWh battery energy storage (BESS) project.
The contract, awarded in last week’s T-5 Capacity Market auction has been secured at the clearing price of 264.9PLN (€62.14)/kW/year. This secures a revenue stream for the project for 17 years.
Pacific Green, alongside its international development partner, now plans to build out the Platerowka project – with target commissioning aiming for 2028.
Dane Wilkins, Pacific Green’s Managing Director, said: “This contract award is a significant milestone for our team, enabling us to advance our plans in the rapidly expanding Polish market. We’re delighted to play our part in driving the adoption of grid-scale storage across the country to support the Polish energy transition.”
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