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First solar-powered residential project launched

Published

August 19, 2015

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Published:

August 19, 2015

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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.

 

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