September 27 (SeeNews) - Croatia's chain of shopping malls Supernova Group, part of Austrian real estate company Supernova, said it will launch a 5 million kuna ($638,000/664,000 euro) project to install solar panels on two malls in Sisak to promote the use of green energy in the retail sector.
European Union funding will cover 41.6% of the total cost of the project that aims to cut greenhouse gas emissions and increase the security of electricity supply to the company's retail outlets. The remainder will be covered out of the company's own funds and funds of partners, Supernova said in a press release last week.
You can download the 2024 Renewable energy in Southeast Europe report here
Under the project, real estate companies Supernova Projekti and Supernova Sisak West, which are members of the Supernova group, as well as their partner, real estate company and electricity producer, Sirius Sisak East will build integrated solar electricity plants on the roofs of shopping malls Supernova Sisak East and Supernova Sisak West. The project has a duration of one year.
The three solar plants will have a total installed capacity of 722.42 kWp and will generate 751,224 kWh of electricity per year.
Thanks to the deployment of the solar panels, shopping malls Supernova Sisak West and Supernova Sisak East will cover with electricity from renewable sources respectively 30% and 40% of their electricity needs, and their annual emissions of greenhouse gas will be reduced by 119.14 t CO2.
(1 euro = 7.532 kuna)