New Business Perspectives – Investing in Solar Energy

Influenced by global events, concerns about inflation, and energy dilemmas, economic actors are looking for sensible investment avenues. The implementation of solar systems is increasingly becoming a chosen investment path, which is not only a step towards energy independence but also an important segment of the economic strategy of those economic actors. Such an understanding is becoming increasingly accepted in Serbia, where solar panels are gradually gaining importance as an investment opportunity that promises both environmental advantaPhotographs: CEEFOR ge and satisfaction and a profitable calculation. It’s part of the story that makes solar energy an increasingly attractive option for those looking for long-term savings and a good energy solution, given that solar panels can significantly reduce electricity bills.

As companies increasingly recognize the value of solar investments that contribute to reducing dependence on traditional energy sources, one of CEEFOR’s projects confirmed the thesis that interest is growing in our country as well.

The project in question, for which the design and technical documentation have been entrusted to CEEFOR engineers, is the BAT Vranje solar power plant, which will be located on the roofs of the factory buildings, with a planned, approved capacity of 910 kW. The total area of the solar power plant will be approximately 4,822.9 square meters, an area comparable to nearly four Olympic swimming pools. The plant will be equipped with 1,800 photovoltaic panels manufactured by Luxor Solar, while each panel will have an individual power of 545 Wp.

A total of 46 Fronius inverters with two different power levels will be used to convert the produced DC electricity into alternating current: 29 inverters with an individual power of 20 kW and a total nominal power of 580 kW, and 17 inverters with an individual power of 15 kW and a total power of 255 kW.

IN FOCUS:

Production Assessment

The technical aspects of the project have been carefully planned to deliver the most optimal solution. The design of the solar power plant, an area in which CEEFOR has been demonstrating its ability to earn clients’ trust for years, also involves assessing future monthly and annual electricity production with maximum utilization of available resources and conditions and minimization of operational costs.

The expected annual production for this particular project is 1,181,092.4 kWh, which should significantly reduce grid electricity consumption.

Photo: CEEFOR

As is already known, electricity production is not constant throughout the year but fluctuates, which is characteristic of this type of renewable energy source. As is the case in our climate, considerably higher production is expected during the summer months, while during the winter months, the production is naturally lower due to the shorter days and fewer hours of sunshine in general. For example, the peak of production was estimated for June, when it should exceed 150,000 kWh, while the lowest production is expected in December, estimated to be just above 34,000 kWh.

According to the consumer-producer principle, the energy produced will be used for internal consumption and placed in the distribution network.

Since being granted legal status, the prosumer model, or a consumer who simultaneously produces electricity, has proven to be a good incentive for the introduction of solar systems in Serbia, both for individuals and for companies. This legal change has enabled companies to gain prosumer status, which has become a significant issue due to rising electricity prices, advancements in the solar industry, and climate goals on the horizon.

On the other hand, CEEFOR has been recognized among many who have seen the value of these investments and have shown their willingness to harness the power of the sun in the best way – as a reliable partner on this journey.

Prepared by Milica Vučković

The story was published in the Energy portal Magazine RESPONSIBLE BUSINESS

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