Bucharest, 06 September 2023 – Renovatio Solar, a company in the Renovatio ecosystem, one of the leading players in the field of solar energy and green technology in Romania, has recently completed a 400 kWp photovoltaic project for KLG Europe Logistics Romania, one of the leaders in the local logistics and transport services market.
“The project involved the installation of 888 photovoltaic panels, with a capacity of 400 kWp, capable of generating an estimated 500 MWh of electricity annually. These panels were placed in the KLG warehouse in Bolintin Deal, Giurgiu County, where the company’s headquarters are located,” said Horatiu Regneala, CEO of Renovatio Solar.
“In the last period, we have invested more than 1 million euros in digitalization and sustainable initiatives, considering that in both areas, the benefits that the company will register are obvious: more independence in running operational processes and significant cost reductions. As far as investments in photovoltaic panels are concerned, they cover approximately 40% of the energy consumed annually and are equivalent to planting 1,600 trees”, detailed Razvan Marinescu, Managing Director of KLG Europe Logistics Romania.
The value of the investment was in the order of hundreds of thousands of euros, and the lifetime of the newly installed system is 25-30 years. KLG Europe Romania is one of the leaders in the local logistics and transport services market, offering road, sea and air transport, warehousing, value-added services, e-fulfillment and courier services for bulky goods.
Following the techno-economic assessment facilitated by Renovatio Solar, KLG decided that the best solution to cover its needs is an on-grid system, which will supply energy for its consumption. At the same time, the excess electricity produced will be delivered to the grid.
“This system allows beneficiaries to lower their electricity costs and contribute to protecting the environment by using a clean and renewable energy source, thus ensuring a higher level of energy independence,” said Horatiu Regneala.
Renovatio Solar provided complete EPC services for KLG Europe Logistics Romania, from design, consultancy and development to installation and commissioning.
Through this project, Renovatio Solar supports KLG’s strategy to use renewable energy and protect the environment. Besides the financial benefits, the use of renewable energy is necessary for the environment. Specifically, producing electricity from renewable sources reduces greenhouse gas emissions and helps limit global warming. Green electricity produced by the PV system means a reduction in carbon footprint of about 147 tons of CO2 /year. Over the next 25 years, the PV system will produce green electricity that will reduce the carbon footprint by approximately 3,675 tons of CO2. Furthermore, the use of photovoltaic energy contributes to the protection of limited and finite natural resources.
Renovatio is a pioneer in the renewable energy industry in Romania, developing a complete ecosystem of major renewable projects in the field, with over 18 years of experience in development, EPC, generation, commercialization, supply and asset management in renewable energy, making it a reliable player in the energy market in Romania and beyond.
KLG Europe Logistics Romania is a member of the KLG Europe Group, which, at the end of 2019, became part of the Sinotrans Group. KLG Europe Logistics Romania manages nine hubs strategically positioned in the most significant cities nationwide (Bucharest, Cluj-Napoca, Timisoara, Brasov, Sibiu, Craiova, Constanta, Braila and Bacau).
More details about Renovatio Solar and the Renovatio Ecosystem of companies:
Renovatio Solar is part of the Renovatio ecosystem of companies. It is an organization dedicated to turn-key customized and high-quality photovoltaic solutions, with a leading position in the solar energy and green technology field in Romania.
Renovatio is developing projects in countries such as Romania, Portugal and Colombia and is also active in markets such as Poland, Bulgaria, Greece, Republic of Moldova and Italy. Its activities cover most of the renewable energy value chain (wind, photovoltaic and hydro), from the development and commercial operation of renewable energy projects and the supply of green energy to end customers to the implementation of energy efficiency or energy storage projects. Also, through Renovatio E-Charge, the Renovatio ecosystem operates the first and most extensive network of electric vehicle charging stations in Romania, currently comprising over 655 charging points nationwide.