News

First solar-powered residential project launched

Published

August 19, 2015

Comments

0

Share

Published:

August 19, 2015

Comments:

0

Share

Construction works on the Cartierul Solar Residence, the first project in Romania designed to be powered by photovoltaic panels, have started in Bucharest and are projected to end in September 2017, according to an announcement by developer Ad Astra Partners, Business Review reported.

The power produced by panels will lead to zero energy costs for the common areas of the buildings, developers say. Following an investment of EUR 45 million, the complex will span 61,000 square metres and will include 15 buildings, each having six storeys and a semi-basement.

Situated in the southern area of Bucharest, near the Gros Market, the project will be developed in stages. Each building will have a green energy system comprising solar panels placed in six rows of 20 panels each and an inverter designed to transform direct current to alternate current. Total production from the 1,800 panels is estimated to reach 600 MWh per year and is projected to cover common area energy needs and generate income by producing green certificates.

 

Related Articles

Energy transition development opportunity EPCG Montenegro

Energy transition is development opportunity for EPCG, entire Montenegro

03 June 2023 - The energy transition proved to be a development opportunity for Montenegro, headline speakers said at the EPCG Net event in Budva

serbia law on energy changes

Serbia is changing energy law: state commission for energy networks to be established

02 June 2023 - The Government of Serbia approved a bill with changes to the Law on Energy, largely to transpose the European Union's acquis

Serbia quota solar power auction

Serbia issues quota for upcoming solar power auction, adopts rules on balancing, premiums, feed-in tariffs

02 June 2023 - The government determined the quota for the premiums it intends to award for solar, defined balancing responsibility, premiums, feed-in tariffs rules

Abazovic Montenegro achieve energy independence 2030

Abazović: Montenegro to achieve energy independence in 2030

02 June 2023 - Outgoing Prime Minister Dritan Abazović said his pre-election coalition is pledging to make Montenegro energy independent in 2030