Innovation Energy has successfully completed a solar power station project for Geofiller, a leading provider of lime and limestone-based products for industrial applications in Georgia. The project, located in Rustavi, was completed in October 2023 and showcases the company’s commitment to renewable energy solutions.
Project Overview
The solar power station, constructed using high-quality DAS Solar modules and Hopewind inverters, has a total installed power capacity of 604.95 kWp (500 kW AC). The station is expected to produce 851.54 MWh of clean energy annually. This significant output will help Geofiller reduce its carbon footprint and energy costs, enhancing its sustainability and operational efficiency.
Key Components and Specifications
- Solar Modules: The station utilizes 1,110 DAS Solar modules, each with a capacity of 545Wp.
- Inverters: Hopewind inverters ensure efficient conversion of solar energy.
- Location: The project is situated in Rustavi, Georgia.
Benefits of the Project
- Energy Efficiency: The solar power station will generate enough energy to significantly reduce Geofiller’s reliance on conventional power sources.
- Cost Savings: By using solar power, Geofiller can expect substantial savings on energy bills.
- Environmental Impact: The project will help reduce carbon emissions, contributing to a cleaner environment.
Project Financing and Support
Innovation Energy provided comprehensive services, including the design, construction, and commissioning of the solar power plant. The company also arranged 100% project financing without collateral, facilitated grid connection through net metering, and supported Geofiller in obtaining EU4Biz cashback and CO2 offset payments for 2023-2030.
This successful project underscores Innovation Energy’s expertise in delivering high-quality renewable energy solutions and its dedication to promoting sustainable practices in the industrial sector.