May 28, 2024

650 Solar Panels Installed on Hotels in Bucharest

Renovatio Solar—part of the Renovatio group and a key player in Romania’s solar energy sector—has installed 650 photovoltaic panels on the ANA Hotels office building and the Crowne Plaza hotel in Bucharest, both owned by businessman George Copos.

300KWp Photovoltaic System

Crowne Plaza Hotel with Solar Panels

Image: Collected

The project was completed by Renovatio Solar, a subsidiary of the Renovatio group and a key player in Romania’s solar and green technology industries. The newly installed panels will help meet the buildings’ energy needs following the recent installation.

According to Romania Insider, the project involved designing and installing a 300KWp photovoltaic system under an EPC contract. Horațiu Regneală, CEO of Renovatio Solar, noted that the work required careful scheduling to avoid disturbing hotel guests and office workers.

“The project included the planning and setup of a photovoltaic system with a total power output of 300KWp under an EPC agreement,” Regneală remarked. “It proved challenging because the work had to be performed during specific periods, determined by the client, so as not to disturb hotel guests or people working in the offices.”

Solar Project Costs 300,000 Euros

Renovatio Solar, known for its customized, high-quality turnkey photovoltaic solutions, is a leading name in Romania’s solar energy sector. Its client, ANA Hotels, operates the InterContinental Athenee Palace and Crowne Plaza in Bucharest, along with several hotels in Poiana Brasov and Eforie Nord. In 2022, the revenue for ANA Hotels increased by 83 percent, reaching a turnover of 160 million RON.

Simona Constantinescu, General Operational Director of ANA Hotels, explained that the initiative—costing around 300,000 euros—is part of the company’s sustainability efforts and will help supply energy to the Crowne Plaza Hotel and their headquarters.

“We wanted to take our sustainability initiatives to the next level,” Constantinescu said. “With the help of Renovatio Solar and an investment of approximately 300,000 euros, we have commissioned photovoltaic panels that will partly supply the energy needed for the Crowne Plaza hotel and our company headquarters.”

The project is part of a wider “Go Green” initiative, which has also involved setting up electric car charging stations in ANA Hotels’ parking lots. Regneală noted that his team delivered a professional design that optimized space and panel placement to maximize efficiency. As a result, the investment is expected to be recouped more quickly than is typical for such projects.

“We offered ANA Hotels a professional design, which resulted in space optimization and an efficient panel arrangement to provide the highest yield per installed area,” he said. “The end result is that the investment will be amortized in a shorter time than is typical in such cases.”

Romania’s Transition to Solar Energy

Romania is significantly expanding its solar power capacity as part of its broader energy transition, aided by European funding and legal reforms. Investments range from individual households to large-scale utility projects, with local governments playing a crucial role. This expansion aligns with European renewable energy trends and financial incentives designed to support the green transition.

In 2023, Romania installed 1 GW of new solar capacity, a 308% increase over the previous year. The country’s total solar capacity now exceeds 2.85 GW and produces over 2.5 TWh, accounting for nearly 5% of its total power generation. This growth has been facilitated by programs like the National Recovery and Resilience Plan, the Modernization Fund, and the popular “Green House” program, despite challenges such as the temporary suspension of the Green House Photovoltaic Programme.

Romania’s renewable energy infrastructure also includes significant wind and photovoltaic parks, with a major private investment set to establish Europe’s largest photovoltaic park in Arad. The REPowerEU plan, which allocates 1.4 billion euros to Romania, aims to accelerate the country’s green transition and boost renewable energy investments, with the goal of generating 30% of its electricity from green sources by 2030.

Disclaimer: The information published here is aggregated from publicly available sources. PVknowhow.com does not guarantee the accuracy, completeness, or timeliness of the content. If you identify any incorrect or misleading information, please contact us so we can review and, if necessary, correct it.

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