Renewables

EVN, ProCredit Bank offer installation of PV systems for companies

EVN-ProCredit-Bank-installation-of-PV-systems-for-companies

Photo: Pixabay

Published

July 24, 2020

Country

Comments

0

Share

Published:

July 24, 2020

Country:

Comments:

0

Share

Power distribution company EVN and ProCredit Bank have created an offer for business consumers interested in the installation of photovoltaic systems. Use of renewable energy can lower businesses’ electricity bills, and help in reducing CO2 emissions.

Companies will be able to use ProCredit bank’s loans in order to finance the PV systems provided by EVN.

According to the EVN, this offer can solve two biggest challenges experienced by the customers – the need for a professional and quality service, and financing.

Bills can be reduced by over 30%, while the surplus energy can be sold on the market

Electricity costs can be reduced by over 30%, the surplus energy can be sold on the market, while the return of investment can be expected in the period of 6 to 8 years, EVN said.

By installing PV systems, customers also raise awareness about sustainable development in the country.

Loan line is designed for all legal entities with an interest rate from 3%

The ProCredit Bank’s loan line is designed for all legal entities with an interest rate from 3% and without a fee for granting the loan.

According to EVN, North Macedonia has more than 280 sunny days per year and the production of one PV panel can reach 1,500 kWh a year, which is far above the European average.

EVN will purchase surplus energy

Ilija Kjiroski, Head of Value-Added Energy Services Group at EVN Snabduvanje, said that the company will be creating a personalized turnkey solution.

The design will be made after an analysis of consumption, and the facility, while EVN will also deliver and install PV systems. The company will also purchase surplus energy.

Banks in ProCredit group have so far financed installed capacity of over 80 MW in this type of projects which contribute to the reduction of more than 68,000 tons of CO2, said Metodija Minoski, Head of Environmental Management Department of ProCredit Bank.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Slovenia controversial hydropower Mokrice energy crisis

Slovenia backs controversial hydropower project Mokrice amid energy crisis

23 May 2022 - The Government of Slovenia said the public interest outweighs nature conservation in the case of HESS's hydropower project in Mokrice

Bistrica pumped storage HPP project

Energy crisis accelerates construction of Bistrica pumped storage hydropower

23 May 2022 - The project is one of the most important investments in the energy sector of Serbia, with a planned capacity of 630 MW

DEM, Petrol, Nafta Lendava innovative geothermal power plant

Three Slovenian companies develop geothermal facility on abandoned oil, gas well

23 May 2022 - The project will be the first application of a Slovenian patent. It could lead to a breakthrough in the use of geothermal energy in deserted gas and oil wells.

Vienna airport Austria biggest solar power plant

Vienna airport completes Austria’s biggest solar power plant

23 May 2022 - Flughafen Wien Group said it has put Austria's biggest solar power plant into operation on 24 hectares at the Vienna International Airport