Businesses can invest in RES with 0% financing
Santander Leasing, in partnership with Karlik Energy, has launched for the first time a new option for entrepreneurs to obtain financing for investments in photovoltaics with interest rates starting at 0 percent up to a value of PLN 500,000. In the first half of 2023, the portfolio of all green financing, including RES, reached a year-on-year growth rate of 19 percent for Santander Leasing.
A current forecast by the Institute of Renewable Energy (IEO) indicates that PV capacity will double in just the next three years. Already by the end of 2025, installations with a total capacity of 26.8 GW will be operating in the power system, which means that Poland will make it to the top three EU countries in terms of total installed capacity. Last year, the total photovoltaic capacity worldwide exceeded 1,000 GW, while in the EU it reached 200 GW. According to data from the Energy Regulatory Authority, the cumulative installed PV capacity at the end of 2022 was more than 12 GW. The draft versions of Poland’s Energy Policy until 2040 and the National Energy and Climate Plan until 2030 published in 2021 both assume an increase in installed PV capacity. In addition, the International Energy Agency predicts that the global annual growth rate of photovoltaic capacity between 2022 and 2027 will be 10.7 percent.
The rates in effect in 2023 and electricity price rises reaching several hundred percent are a challenge for many people and, especially, for entrepreneurs and their businesses. A way out of the situation is to realistically reduce costs by investing in renewable energy sources. We are committed to making our photovoltaic financing offer competitive, and we encourage customers to start their investments with us. The financing offer prepared together with Karlik Energy fits in with our strategy and the trend related to environmental protection and continuous support for energy-efficient investments.
The current energy crisis and rising electricity prices are giving a strong boost to the acceleration of the energy transition. The increase in the number of investments in this segment is further influenced by the growing level of subsidies under My Current 5.0 program, as for years the main criterion determining the significant growth of investments in photovoltaics and the development of the RES segment in Poland has been the possibility of receiving financial support and their profitability.
Karlik Energy's offer is comprehensive, both in terms of available products and technologies, as well as the full range of services provided. The first stage of cooperation is always a free audit, which serves to identify the needs of a given client. In the RES industry, each project is a completely new story, with different parameters and different specifics of energy use. The audit is aimed at finding optimal solutions dedicated to a specific customer. Only on the basis of the collected information does the team of specialists prepare a document specifying, the technical details of the installation, the value of the investment and the level of savings the customer can expect. All this is done to give the buyer a full picture of the situation before deciding to cooperate with our company. And the decision to start the investment can be facilitated by the fact that Karlik Energy, in cooperation with Santander Leasing, offers its customers various forms of financing - so that instead of electricity bills, they can pay lease instalments.
Karlik Energy operates as part of the Karlik Group of companies, which have been on the Polish market for more than 30 years. It is active all over the country, offering individual customers, farm owners and entrepreneurs comprehensive and professional services in the field of photovoltaics: from design, through delivery, installation and connection to the distribution network to after-sales maintenance. In addition to photovoltaic installations, the company offers heat pumps, electric vehicle charging stations and energy storage facilities.
