CWP Europe invests in rooftop solar plant for Henkel Serbia

In partnership with Resalta, CWP Europe led the investment in a rooftop photovoltaic system of 6 MW in peak capacity for Henkel Serbia in Kruševac. They completed the project under an innovative ESCO model, contributing to the decarbonization efforts of the manufacturer of detergents and other chemical products.

CWP Europe has successfully completed and commissioned a rooftop solar power plant for Henkel Serbia’s facility in Kruševac. The facility has 6 MW in peak capacity. Developed in partnership with Resalta and financed by UniCreditBank, the project was realized under an innovative ESCO (energy services company) model, with CWP Europe as the key investor.

Now fully operational, the photovoltaic plant is producing an estimated 6,278 MWh of green electricity annually, meeting 21% of the facility’s total energy consumption. The solar power plant will ensure optimal performance for the next 15 years.

The new PV system’s operations prevent an equivalent of 5,857 tons of carbon dioxide emissions per year, according to the update.

Special investment in distributed generation segment

While CWP Europe’s core focus remains on large-scale renewable energy assets across the region, this rooftop project represents a targeted engagement in the distributed generation space – undertaken to support a leading industrial partner in advancing its decarbonization and sustainability objectives.

With a proven track record in developing impactful renewable energy projects, the company is proud to have brought its expertise and investment capacity to a project that sets a new benchmark for industrial decarbonization in Serbia, the statement reads.

CWP Europe has more than 10 GW in its project pipeline

CWP Europe is a leading renewable energy project development company in Southeast Europe. Over the past 17 years, CWP has invested in sustainable development and the energy transition, successfully developing the largest wind farms in the region including the largest wind farm in Europe – the 600 MW Fântânele-Cogealac project in Romania.

It is currently developing over 10 GW of renewable energy project capacity. CWP Europe is a joint venture between CWP Global, a leading global renewable energy company, and Mercuria Energy Trading, one of the world’s largest independent energy traders, with over USD 140 billion in revenue.