PNE, a Germany-based renewable energy project developer, sold a 40 MW solar project located in Poland to ORLEN, a Polish multinational oil refiner, petrol retailer, and natural gas trader. The transaction was executed through PNE’s local subsidiary, PNE Polska.
The deal involves the sale of 100% of the shares in the project company RES Project 5, which holds the rights to build and operate the project located in the vicinity of ORLEN’s production plant in Płock.
PNE had developed the project as ready-to-build-plus, implying construction readiness and the design of the solar project, along with prepared engineering, procurement, and construction offers.
“This transaction is a testament to the quality of our development work and our ability to deliver tailored energy solutions to major industrial players,” said Holger Gallas, CEO of PNE Polska. “We are proud to support ORLEN in their ambitious energy transition strategy. By supplying a project that connects directly to their refinery infrastructure, we are actively contributing to the decarbonization of heavy industry in Europe.”
ORLEN will select a contractor in 2026, with the commissioning expected by 2028. Once completed, the project will be connected directly to the Płock refinery’s internal power grid.
“This project once again highlights the strategic orientation of the PNE Group,” adds Roland Stanze, COO of PNE AG. “We don’t just deliver the usual standard projects that rely on government support systems and tariffs, but develop projects directly for the customer without having to use the public electricity grid. This further establishes us as a company that provides integrated services solutions.”
Earlier in November 2024, PNE sold a 240 MW solar project to the South African energy company NOA Group. The Khauta Project will be constructed in the Free State province in central South Africa. The project is in a region with strong mining and agricultural sectors.
In 2025, approximately 37.4 GW of solar projects were acquired compared to 37.7 GW the previous year, according to Mercom’s recently released Annual and Q4 2025 Solar Funding and M&A report.
