Hidroelectrica signs contract for a photovoltaic project within the Olt power plants

Hidroelectrica announces the signing of the works contract aimed at the turnkey implementation of the objective “Valorization of photovoltaic potential within the power generation plants located on the middle and lower sectors of the Olt River”.

The project represents an important step in the company’s strategy to diversify renewable energy sources and efficiently use existing infrastructure, the press release states. The main goal of the investment is to increase the capacity to produce renewable electricity by installing photovoltaic systems on the roofs of the 20 hydroelectric power plants owned by Hidroelectrica, located on the middle and lower sectors of the Olt River.

The contract was awarded following a competitive procedure, the designated winner being Servelect SRL with the subcontractor Electroplus SRL.

The contracted value is around 9 million RON excluding VAT, with a completion period of 24 months (4 months for design and 20 months for execution).

The photovoltaic system consists of 620 W photovoltaic panels, 100 kW inverters and energy optimizers, with an installed power in panels of: 2,955.58 kW, and the energy produced will be: 3,710.87 MWh/year.

This investment marks a premiere for the company, being the first project to install photovoltaic panels within Hidroelectrica.