Nord Spedition SRL announces the start of the implementation of the project “Construction of a solar power generation unit at Nord Spedition SRL”, SMIS code 332140, financed from the Modernization Fund, Key Program 1: Renewable energy sources and energy storage – Supporting investments in new electricity generation capacities produced from renewable sources.

General objective of the project: Construction and commissioning of a new installation for producing electricity from solar sources (photovoltaic power plant) with included storage unit, at Nord Spedition SRL.

The total value of the Project is 2,912,416.08 lei including VAT, respectively 2,448,804.88 lei excluding VAT, of which:
a) The maximum insured value from the Modernization Fund is 987,797.00 lei,
b) The value insured by the Beneficiary is 1,924,619.08 lei.

The intensity of support provided by the FM is 49.20%.

Project location: Vulturesti village, Vulturesti commune, CF 34314, CF 34315, CF 34316, Suceava county.

Main activities of the project:
– Design, construction and commissioning of a photovoltaic park with an installed power of 1 MW with an integrated storage installation of 215 kWh

Project indicators:
Indicator I.1 = Newly installed capacity for producing energy from renewable sources: wind, solar or hydro: 1 MW
Indicator I.2 = Greenhouse gas reduction: Estimated annual decrease in greenhouse gases: electricity production 1,152.71 MWh/year * 0.6119 tons CO2/MWh = 705.34 tons CO2/year
Indicator I.3 = Average energy production from renewable sources: 1,152.71 MWh/year. This results in an annual usage period of 1,152 h/year.
Indicator I.4 = Total energy production from renewable sources for the reference period: 1,152.71 *20 years = 23,054.17 MWh.
Indicator I.5 = Plant capacity factor: 13.16 %

Beneficiary contact details:
NORD SPEDITION SRL
Lica Antoneac – Administrator, tel. 0751.111788, e-mail: accounting@nordspedition.com

Project financed by the Modernization Fund