Solar Energy

Alfa Solar's New 17,000 kWp Plant Begins Operations in Afyon, Targets Annual Savings of 100 Million TL

Alfa Solar Energy Industry and Trade Inc. (ALFAS) has announced the commissioning of its new solar power plant in Sandıklı District, Afyon Province, as of August 20, 2024. The company initially disclosed its plans on December 6, 2022, aiming to establish the plant under the unlicensed electricity production regulation to meet its own energy needs.

With a capacity of 17,000 kWp, the solar power plant is projected to generate approximately 26 million kWh of electricity annually. This production is expected to result in annual savings of around 100,000,000.00 TL, based on current electricity prices. The plant's installation was recently completed, and it has successfully passed its temporary acceptance, allowing it to begin operations immediately.

This development marks a significant step for Alfa Solar in reducing its energy costs and enhancing its sustainability efforts. The company shared this milestone in a public statement through the Public Disclosure Platform (KAP), highlighting its ongoing commitment to energy efficiency and self-sufficiency.

Source: Rota Borsa

Ukraine's Largest Foreign Investment in Lviv: €75M Wind Farm Begins Operations

The Lviv region’s largest foreign investment during the full-scale war, a €75 million wind farm, has commenced operations. The project was a joint effort, with the Czech company MND and Ukraine’s Eco-Optima each contributing 50%. The wind farm, featuring 10 turbines, transmits electricity via a 14-kilometre line to

Greenyard Logistics Polska to Install 2 MWp Solar System at Żabia Wola Facility Using PV-as-a-Service Model

Greenyard Logistics Polska, part of the international Greenyard group, is set to install a photovoltaic (PV) system at its logistics center in Żabia Wola, near Warsaw, as part of its sustainability efforts. The company specializes in food logistics, supplying fresh and processed produce to major European retailers, with an annual

Citadele Bank Grants €12.99 Million Financing for Solar Park Construction in Latvia

Citadele Bank has provided financing of €12,998,700 for the construction of solar energy parks in Latvia. The project is led by Estonian renewable energy producer SIA “Evecon,” in partnership with Swedish investment fund “Niam Infra.” The initiative will establish 11 solar parks with a total capacity of 110

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