Installation of PV panels on blocks of flats has a potential of €800 million

Alina Oprea
The market for installing photovoltaic panels on residential buildings has a potential of over €800 million, according to an E-Accumulatori.ro analysis. According to the data of the National Institute of Statistics (INS), there are currently around 88,000 blocks of flats in Romania, and the average value of an installation project is around €10,000.

"It is a market with enormous potential and which can contribute significantly to Romania's energy efficiency goals, but also to reducing the expenses of block house owners. We consider it necessary, therefore, to include owners' associations in future AFM programs of the Casa Verde type. Also, local public authorities could include the installation of photovoltaic panels in thermal rehabilitation projects, alongside the installation of heat pumps for hot water heating, which can be installed in the technical space or in the basements of buildings," stated Dan Tudose, the founder of E-Acumulatori.ro.

In the case of a five-level block of flats, an area of ​​at least 40 sqm is required for the installation of a number of 15 photovoltaic panels, with a power of at least 6 KWh, the value of the investment reaching about €8,000 (including VAT).

In a block of flats with 10 floors, for a power of at least 15 KWh, 40 photovoltaic panels are installed on an area of ​​at least 100 sqm, the investment amount reaching about €14,000. In both cases, the investment pays for itself in about 5 years.

Optionally, storage batteries can also be included. For a block with five levels, a battery of at least 5 KWh is needed, which costs 4,000 euros, and for a block with ten floors, one of at least 10 KWh is needed, whose price reaches €6,000.

The company has installed photovoltaic panels on housing blocks, in Bucharest, in sector 1 - in a private system, through the investment of the owner and in the Militari neighborhood - through the sponsorship of the project carried out by the Association Between Neighbors, an organization that aims to support communities of owners to become prosumers. The investment, worth approximately €5,000, consisted of the installation of a system of 15 photovoltaic panels, with a total power of 6 kWh, on a five-level block with 16 apartments.

"Currently, there is an incipient interest in the installation of photovoltaic systems on the block. E-Acumulatori.ro, ANRE certified installer supports local public and private initiatives that have proposed green urban development on the block. Communities of owners must be encouraged to produce and consume green energy. That is why, for the implementation of sustainability and on the block, it is indicated that these housing energy communities are supported and helped through various subsidy programs both by local public authorities and by the Administration of the Environment Fund", Tudose added.

Within this project, E-Acumulatori supported the procedure for acquiring the prosumer status of the owners' association.

"Together with other associations, including Greenpeace, we will insist that the legislation in the field of energy be updated with the European norms regarding energy communities, so that the energy produced jointly on the roof of the blocks can be consumed individually, by each tenant, by metering smart. At the same time, homeowner associations can re-invoice energy to tenants, for example, those who own electric cars can charge them from the sun and pay the low cost of energy to the association, reducing their own due production," added Tudose.

RECOMMENDED
Kärcher invests €100,000 in equipping HQ with PV panels
Energy

Kärcher invests €100,000 in equipping HQ with PV panels

Kärcher, a company in the field of cleaning technology, has invested almost €100,000 in equipping the headquarters inaugurated last year in Pipera with photovoltaic panels. To date, the company has reduced its costs for conventional consumption by approximately 45%.

ProCredit Bank launches the ProGreen loan for photovoltaic panels
Energy

ProCredit Bank launches the ProGreen loan for photovoltaic panels

ProCredit Bank has launched the ProGreen credit for photovoltaic panels intended for individuals. They can get the ProGreen credit for Photovoltaic Panels with no down payment and no fees. The credit is intended for those who want to make the transition to a renewable energy source, while also benefiting from reduced costs on their energy bills.

EnergoBit and Huawei to contribute to the implementation of PV projects
Energy

EnergoBit and Huawei to contribute to the implementation of PV projects

EnergoBit and Huawei Romania signed a Memorandum of Understanding (MoU) for global cooperation for photovoltaic and energy storage projects, within the New International Expo Center 2023, which took place these days in Shanghai. Based on the Memorandum of Understanding, the companies will develop the photovoltaic industry in Romania by strengthening technological innovation, improving the user experience, and developing new use cases.

Schools in Vrancea to be equipped with photovoltaic panels
Real estate

Schools in Vrancea to be equipped with photovoltaic panels

The schools in Vrancea will be equipped with photovoltaic panels. The Minister of Investments and European Projects, Marcel Boloș, and the President of the Vrancea County Council, Cătălin Toma, signed the contract worth a total of €1.2 million for the production of green energy in the county. The contract will finance the project "Investments in electricity production capacities for own consumption at the level of Vrancea County". The project is financed by the Large Infrastructure Operational Program 2014-2020.

Romania requests €400 million to subisidize at-home PV systems
Energy

Romania requests €400 million to subisidize at-home PV systems

Romania requests, through the RePowerEU mechanism, substantial European funds for subsidizing the installation of photovoltaic panels for natural persons. It is about €400 million, the amount that could be included in some kind of complementary program to the program of the Environmental Fund Administration for the installation of photovoltaic panels on residential homes.

Photovoltaic park of 1,050 MW to be built in Romania
Energy

Photovoltaic park of 1,050 MW to be built in Romania

A photovoltaic park with an installed power greater than that of a Cernavodă nuclear reactor will be built in Romania, which reflects the appetite of investors to become players in this market again. George-Sergiu Niculescu, president of the National Energy Regulatory Authority (ANRE), says that when he arrived at ANRE's management, he saw a request for authorization to establish a photovoltaic park of approximately 1,050 MW.

RECOMMENDED FROM THE HOME PAGE
Industry

Defic Globe to build 4 new PV plants in Bucharest

Defic Globe, a subsidiary of YEO Technology — a global brand in renewable energy and energy technologies — has expanded its presence in the Romanian market through strategic investments.

READ MORE
Green Forum  |  15 November, 2024 at 7:40 AM
Green Forum  |  15 November, 2024 at 7:36 AM