Karatzis Group announces the opening of 4 interconnected photovoltaic power stations of the Group, of total power of 6 MW, in the Prefectures of Viotia and Larisa, in November.
As mentioned in the relevant announcement, the new power stations are installed in the location Choundri of Thebes (2MW), in the location Konizos of Thebes (2MW), in the location Spitharthi of Thebes (1MW) and on the roof of the industrial site of KARATZIS S.A. inLarisa (1 MW).
The total cost of the investment reached 15.5 million euro, while the proceeds from the operation of the power stations are expected to reach approximately 750 thousand euro for the last 2 months of 2011, and approximately 3.5 million euro for the whole financial year of 2012.
The facilities opened at the presence of the President of KARATZIS S.A., Miltiadis Karatzis, the other members of the company’s Board of Directors, as well as the president of the construction company ENVIRON S.A., Mr. Georgios Xylouris. Moreover, the main suppliers of the project (SCHOTT SOLAR, SMA, SCHLETTER, ABB), the studies company SAMARAS & ASSOCIATES, as well as the insurance agency INTERAMERICAN, were represented in the event.
With regard to the environmental aspect of the project, it should be noted that the operation of the facilities saves the emission of approximately 7,500 tonnes of carbon dioxide each year, and, with an annual expected power production over 9,000,000 kWh, it will cover the power needs of 2,400 households. The facilities are certified by TUV AUSTRIA HELLAS S.A., according to standard EN 62446.
On the occasion of the opening of the power stations, the CEO of KARATZIS S.A., Mr. Antonios Karatzis, stated: “The addition of the new photovoltaic facilities of the Group in Viotia and Larisa essentially signals our entry to the field of renewable sources of energy. We truly believe in the attractive prospects of the industry and dynamically continue to realise our plans, which forecast, for now, the creation of additional interconnected power stations, of total power of 7.5 MW, in 2012”.