Tallinn/ Vienna, 3rd October 2023 – Enery, a leading renewable energy provider operating in Central & Eastern Europe, is proud to announce the inauguration of its first photovoltaic (PV) power plant in Estonia, located near the Rummu settlement. Thе photovoltaic facility has a capacity of 20 MWp, covering a total land area of 35 hectares.
The Rummu PV power plant is the first standalone utility-scale PV plant connected to transmission network in Estonia and the first of two projects in Estonia that Enery has completed. This is a big step forward for Enery, and it marks the beginning of the company’s operations in the Baltic region.
Next to Rummu, Enery is also currently putting its second Estonian PV power plant, Jersey, with a capacity of 12 MW into operations. The Jersey PV power plant is located near the Järsi village. Both PV plants utilize the innovative technology of tracking and bifacial modules that enable to increase the annual production by approximately 20% compared to traditional fixed tilt systems.
Together, Rummu and Jersey will generate 37,4 gigawatt-hours (GWh) of clean electricity annually, helping to reduce up to 24 550 tons of CO2 emissions which is equal to the average annual consumption of around 12,366 households.
These projects were made possible by the great effort of our team and the support of our co-shareholder Three Seas Initiative Investment Fund (3SIIF).
Margus Potisepp, Managing Director of Enery Estonia, comments: “We are honoured to participate in Estonia’s renewable energy transition. Estonia possesses immense green energy potential, and Enery is committed to harnessing this potential responsibly, adhering to the highest health and safety standards and ethical principles.”
Richard König & Lukas Nemec, Founders of Enery, comments: “This marks another milestone for our young company, as both projects were developed and constructed by our in-house team. Just 2 years after entering Estonia, we are very proud of this achievement of starting to generate green electricity from our two new power plants. We are convinced that renewable energy is important to ensure energy independence of Estonia and therefore are happy to be able to contribute to this ambition.”
Enery is a provider of green electricity dedicated to supplying its customers with reliable and accessible green energy. With a diversified green fleet currently generating almost 440 GWh of clean electricity from 312 MW, Enery is at the forefront of driving CEE region’s transition to sustainable energy. The company’s ambitious plans include ongoing development projects worth more than 7 GW. With its diverse and multidisciplinary team of more than 25 nationalities, Enery is focusing on developing and maintaining renewable energy projects by integrating environmental, social, and governance (ESG) factors into every aspect of day-to-day business.
About The Three Seas Initiative Investment Fund:
3SIIF is a dedicated commercial fund targeting infrastructure investments in Central and Eastern Europe (‘CEE’). The Fund invests in energy, transport, and digital infrastructure in European Union (‘EU’) CEE member states where the demand for long-term commercial investment into national infrastructure is among the highest in the EU. The Three Seas region is comprised of 13 EU CEE member states which border the Baltic, Adriatic, and Black Seas.
Amber Infrastructure Group is the exclusive investment adviser to the Fund and is responsible for origination, asset management, and capital raising services.
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