Silcotub SA, a leading Romanian steel pipe producer and subsidiary of Luxembourg-based Tenaris, announced on Monday its initiation of a solar energy generation project boasting a capacity of 19.8 MW/21.2 MWp.
The solar capacity will be strategically deployed across two adjacent plots owned by the company in Calarasi, situated in southeastern Romania, where Silcotub operates a prominent steel processing facility.
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With a project value amounting to RON 96.9 million (approximately USD 21 million or EUR 19.5 million), the venture is bolstered by support from funds allocated under Romania's National Recovery and Resilience Plan (PNRR). Set to unfold over a period of 12 months, from December 2023 to December 2024, the project is slated for swift execution.
Upon its completion, the solar installation is anticipated to yield an estimated 30,713 megawatt-hours (MWh) of renewable electricity annually, translating to a cumulative output surpassing 614,000 MWh over a span of 20 years. Beyond its substantial energy output, the initiative is poised to make significant strides in environmental conservation, with projections indicating a reduction of approximately 18,971 equivalent tonnes of carbon dioxide emissions per annum.
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This strategic move underscores Silcotub's commitment to sustainability and renewable energy integration, aligning with broader global efforts to combat climate change and foster eco-friendly industrial practices.
The solar energy project marks a significant milestone for Silcotub as it expands its renewable energy portfolio, positioning the company at the forefront of Romania's transition towards a greener and more sustainable energy landscape.
