Varo Energy prepares 7.7 MW solar park to power Swiss refinery

Jan 17, 2022 03:01 PM ET
  • Oil refiner and also vendor Varo Energy Group as well as renewable resource company Groupe E are planning to develop a 7.7-MW solar park to power Switzerland's only operating refinery in the west of the Alpine nation.
Varo Energy prepares 7.7 MW solar park to power Swiss refinery
Image: renewablesnow.com

The solar farm will certainly lie eastern of the refinery in the town of Cressier, the canton of Neuchatel, on a location of 45,000 sq m (11.12 acres) as well as will certainly feature 19,000 fixed panels, Varo Energy claimed recently.

As soon as up and running in November 2022, the park is expected to generate annually about 8.4 GWh of green power that will be fed directly right into the refinery's grid and also will be enough to meet over 60% of the facility's energy needs at full power.

The project will set you back CHF 6.5 million (USD 7.1 m/EUR 6.2 m).

"This project in Cressier is an essential step in Varo's approach to create lasting energy alternatives for its existing possessions and also to drive worth," stated Varo Energy's president Dev Sanyal.

Based in Cham, Switzerland, Varo Energy produces various oil items and provides refining, storage space as well as circulation solutions. It is the single proprietor as well as driver of the Cressier refinery which has a capacity of 68,000 barrels of improved products each day and generates regarding 25% of all fine-tuned products marketed in the country. The firm has likewise a 51.4% share in the Bayernoil refinery in Germany with an output of 108,000 barrels each day.


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