Enel X develops 1MWp PV plant for Romanian car parts manufacturer Compa

• Enel X Romania, part of Italian energy team Enel, said that it constructed a 1 megawatt peak (MWp) solar energy plant for Romanian auto components manufacturer Compa [BSE: CMP]

The photovoltaic (PV) plant is anticipated to produce 1,240 MWh of electrical energy per year and also will certainly help reduce CO2 emissions by 390 tonnes per year, Enel X claimed in a press release on Tuesday.

The project involves the turnkey shipment of two subsystems, one on the roof covering and the other one on the ground, which integrates over 1,700 high-efficiency photovoltaic panels with single-crystal cells. For the ground system, Enel X Romania is mounting 650 Wp photovoltaic or pv panels, with high effectiveness as well as high resistance to wind as well as snow lots.

"This financial investment becomes part of Compa's carbon impact decrease method. With the assistance of grants from Iceland, Liechtenstein and Norway via the EEA Grants Romania 2014-2021, in the framework of the Energy Programme in Romania and our project companions in Norway, we have actually taken this crucial action in reducing CO2 exhausts by creating the power necessary for the production procedures within the firm, by using emission-free sustainable resources," Compa sales director Dan Baiasu stated.

At its factory in Sibiu, Compa makes components for shot, turbocharger and also windscreen wiper systems, guiding equipments, guiding columns components, as well as cool coiled springtimes, stamped parts and also a/c equipment.

Compa's shares traded 1.23% lower to 0.6420 bouquet ($0.15/ 0.13 euro) on the BVB as at 1051 CET on Thursday.

Enel X Romania's portfolio includes projects executed for the most important companies in industries such as food, retail, logistics centres, shopping centres and office complex. In overall, over 22,300 solar panels have been installed, which contributes to cutting down carbon dioxide emissions by regarding 3,700 tonnes each year.