Platform for the development and construction of small-scale solar photovoltaic installations (1-5 MW each). The platform designs, develops and builds the installations. Distributed generation allows power generation facilities to be located close to consumption, helping to decentralise the electricity grid and promoting a greener and more reliable system.
The energy sector is responsible for more than 75% of the EU’s greenhouse gas emissions. Increasing the share of renewables in the different sectors of the economy is therefore a key element in reducing CO2 emissions and reducing dependence on fossil fuel imports. The EU’s target for 2030 is for 42% of total energy consumption to come from renewables, up from 22% in 2021.
The company develops and builds small-scale solar PV plants to increase renewable energy capacity and contribute to climate change mitigation, ultimately reducing emissions from the energy sector.
The solar PV plants developed by the company reduce the grid dependency of the asset owner, lower energy supply costs and generate local employment opportunities, while positively impacting the environment by reducing air pollution and mitigating climate change.
The company will complete the construction of solar plants with a total capacity of 30 MW and an estimated electricity generation of 57,000 MWh. The projects will reduce CO2 emissions by 5,900 tons.
The pandemic affected global supply chains, including the supply of renewable technologies such as solar photovoltaic panels, which may delay the achievement of renewable energy and national decarbonisation targets if project timelines are not met.
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