Large solar farms over 10MW grew to 2.8GW capacity by H1 2025 end, up 14.3% year-over-year. They produced 1.3TWh energy in H1 2025, nearly 1% of Poland's annual use. Revenues reached 528.7 million zloty in H1, up 114% from 2024. Full-year revenues may exceed 1 billion zloty. Segment posted 104.2 million zloty gross losses in H1 2025. Previously profitable: 26M profit in 2022, 143M in 2023, 90M in 2024. Costs exceeded revenues, causing 9.8M loss on sales. Negative energy prices from oversupply force producers to pay for delivery. Curtailments by grid operator prevented 650.8GWh delivery in H1 2025, up 32% YoY. Lost revenues from curtailments hit 280 million zloty. More 10MW+ farms coming online, including 132MW PV Stargard and 130MW PV Kotla.
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