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Photovoltaic power plant construction

Photovoltaic power plant construction

Project name: Construction of the photovoltaic power plant of Horex trade Varaždin 1 for self-consumption and energy efficient lighting

Operational programme: Competitiveness and cohesion 2014-2020

On 30 August 2019, Horex trade d.o.o. started the project of the construction of a photovoltaic power plant Horex trade Varaždin 1 for self-consumption own use and for energy efficient lighting. The project includes the construction of a 60 kW photovoltaic power plant Horex trade Varaždin 1 for self-consumption, consisting of 225 modules at 305 W each. The energy efficiency segment of the project envisages the replacement of old lighting fixtures with 70 new LED pieces. By constructing a photovoltaic power plant and replacing the existing light units with more energy efficient lighting, the traditionally sourced energy consumption will be significantly reduced and the share of RES in the supply of electricity to the manufacturing plant will be increased.

The objectives and expected results of the project are as follows: energy consumption sourced from traditional sources for the project as a whole is 205,350 kWh per annum. The replacement of the existing lighting fixtures with new, more energy efficient fixtures will result in savings of 42,711 kWh/per annum, in addition to savings of 69,491 kWh due to the construction of the photovoltaic power plant. The total energy savings will be 54.64%, with a reduction in CO2 emissions of 26.35 t. The total electrical output of the photovoltaic power plant will be 69,491 kWh. The share of the renewable energy across the whole Horex trade d.o.o. project will be 33.84%.

Total value of the project: HRK 1,249,481.12

EU financing: HRK 692,968.35

Project implementation period: 30 August 2018 – 30 June 2021

Additional information is available at the official website.

The project is co-financed by the European Union's European Regional Development Fund