New capacities for electricity generation from renewable sources

Value: The total value of the Project is 186.080 euros for the installment of 0.428 MW.

Objectives: The general objective of the project is to increase competitiveness and improve economic viability of the company DORALY MALL SRL by making investments in the field of energy (creating a unit of electricity production from renewable sources - solar energy) in order to enter a market relevant - the energy market.

Start and end date of the investment: from 8 of august 2023 to 30th june 2024

How the investment responds to digital or climate goals:

This project contributes to the achievement of the EU objectives established by the National Integrated Plan in the field of Energy and Climate Change 2021-2030, respectively:

• The objective of reducing domestic greenhouse gas emissions by at least 40% by in 2030 compared to 1990;
• The objective regarding energy consumption from renewable sources of 32% in 2030;
• The objective of improving energy efficiency by 32.5% in 2030;
• The objective of interconnection of the electricity market at a level of 15% by 2030.

The main benefits brought to citizens:

Indirect beneficiaries:

• The population in the area covered by the project - by creating an electricity production capacity from non-polluting solar energy, which will contribute in the long term to reducing pollution;
• Suppliers of equipment and specific raw materials - by increasing sales and implicitly incomes made from their sale;
• Local authorities through the company's contribution to the tax system and local taxes. Activity the economy of the company will generate income to the consolidated budget of the state, by paying the principals taxes and fees.
• The social environment by reducing the unemployment rate as a result of the newly created jobs.