The Polish Ministry of Investment and Development (MIiR) and American conglomerate General Electric have signed an agreement to further cooperate on investment in renewable energy. A Letter of Intent was signed on 28 October 2019 in Warsaw.
The signatories of the letter are Jerzy Kwieciński, Minister of Finance, Investment and Development, and Sławomir Żygowski, President of the Management Board of GE Power Sp. z o. o. and Fabrice Kermorgant vice president for GE Renewable Energy. The signing took place in the presence of US Ambassador Georgette Mosbacher.
The document extends the existing strategic cooperation, which both parties undertook in the Letter of Intent signed on January 26, 2017 between the Ministry of Development and GE.
“Excellent political cooperation between Poland and the United States translates into specific business effects. Our government places great emphasis on both the transformation of the energy system and the security of energy supply. We can achieve these two goals in cooperation with leading global suppliers of energy technologies”, commented Minister Kwieciński.
“Today, both partners expect closer cooperation to maximize their involvement in the growing renewable energy sector in Poland and in the world, with particular emphasis on offshore wind farm projects. Based on our extensive network of over 5,000 certified Polish companies in our supply chain, we are proud to extend our cooperation to help Poland achieve its emission reduction goals and cooperate with the government in its efforts to transform the country’s energy system” stated Sławomir Żygowski from GE Power.