The solar plant covers 94 square meters and consists of 48 solar panels
The project was carried out in partnership with do-it-yourself retailer Dedeman and is part of the two companies’ strategy to spot locations in areas that needs the support of the business environment to sustain the energy cost efficiency, according to Simtel officials.
The solar plant has a capacity of approximately 20 Kwp and will produce roughly 16,077 kWh per year. It will cover about 85% of the energy needs of the kindergarten, which will significantly lower its energy costs and also reduce carbon dioxide emissions by some 12 tons per year.
The project was implemented using the two companies’ own funds.
Simtel has been listed on the AeRO market of the Bucharest Stock Exchange since July 2021, and currently has a market capitalization of almost RON335 million.