Figures show that Northern-European countries are keener on using renewable energy. Latvia, with 40,3%, has the third-highest share of RES (the share of gross final consumption of renewable energy sources) in the EU, after Sweden and Finland. The primary renewable energy sources in Latvia are biomass and hydropower. However, solar power opportunities are also being developed, as even in these low-radiation areas, photovoltaics is still convenient and efficient. The 200 kW ground-mounted system built in Courland with FuturaSun panels is an example.
In cooperation with the energy company AJ Power, Banga Ltd, a fish-canning company based in Roja (Latvia), installed the largest solar panel park in Courland. Banga Ltd is investing in green energy generation, which will be used at the factory to reduce the company’s costs over the long term.
More than 600 FuturaSun solar panels were installed on the ground, with a total system capacity of 200 kW. The solar panels will produce 198 000 kWh of green electricity over the year, which is ~ 25% of the company’s total annual energy consumption. Banga Ltd will save more than EUR 17 000 per year for electricity costs. Over the next 10 years, Banga Ltd will save EUR 185 000.
The choice of energy source fell on FuturaSun’s monocrystalline photovoltaic modules because it ensured greater yield of renewable energy, maximum savings in the bill, and minimum maintenance. FuturaSun modules are increasingly used in Northern Europe since the panels perform well also in areas with low radiation and high probability of snow and low temperatures.
The green energy produced by FuturaSun’s panels will be mainly used for the production factory. Banga Ltd, located in the industrial production zone, has always considered the environment before selecting new equipment or techniques and planning future developments. Setting up a solar panel park is another step towards more sustainable and environmentally friendly manufacturing.
“The established solar panel park for Banga Ltd is an excellent example of the drive of production companies that want to become more independent of fluctuating electricity prices, to reduce costs and to engage in a circular economy. Installing solar panels are one of the safest investments that pays off in a relatively short time and becomes more accessible to consumers.” Roberts Samtiņš, CEO of AJ Power.
Sales Engineer, FuturaSun
“Despite the cold and dark climate of the Northern European countries there is still a huge potential for photovoltaics. This is not only thanks to the cost of photovoltaics, that now officially has been recognized as being one of the cheapest energy sources available but it is also thanks to the mentality of the people towards renewables and how the contribution of each single individual helps create a better future for our progenies. Scandinavia and also the Baltic States have seen an explosive growth curve the past years considering the installed Wp per capita, a curve that often also is exceeding the more southern European countries and we are very glad and honored to take part of this development” Lisa Hirvonen, Sales Engineer, FuturaSun.
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