TESLA 50Hz (T50Hz), part of TESLA Group, Romania, has signed a cooperation agreement with leading industrial properties developer, ELEMENT Industrial (ELI), to design and build rooftop solar installations on all ELI buildings across Romania over the next 3-5 years. The first stage of the project will cover 250,000 sqm of industrial parks, with a total installation of 40 MW of industrial-scale photovoltaics (PV) using SolarEdge inverter technology (equating to 2-4 MW per location).
With each PV installation providing independent onsite energy generation for ELI industrial parks, the company will benefit from increased grid independence and power quality, while significantly decreasing the price of electricity for ELI park tenants – particularly important given the current energy crisis in Europe. The transition to solar will also significantly reduce the carbon footprint of ELI’s operations.
“This partnership reflects our strategy to develop a sustainable portfolio that will allow our tenants to cover at least 30 percent of their consumption from green energy,” says Andrei Jerca, Managing Director of Element Industrial.
“It is also an important commitment from our side towards green, sustainable logistics that will generate long-term value for both our investors and occupiers. Our strategy is built on focusing on our clients’ needs in terms of business predictability, lower occupancy costs, support of their growth strategy, and developing true business communities in our industrial parks. Our partnership with TESLA 50Hz is a natural one as both companies share the same business principles and approaches,” he adds.
T50Hz will be responsible for the design and installation process, while also managing the electricity supply of each PV power plant. The installations will be supported by T50Hz’s sister company, TESLA Blue Planet. This collaboration brings together the engineering teams of both companies to optimize the construction of buildings for easy PV rooftop installation. Crucially, this reduces the cost and time to construct solar installations, while ensuring higher system safety and operational efficiency.
To support this, all installations will be equipped with SolarEdge’s innovative DC-optimized technology. SolarEdge’s Power Optimizers connect to each pair of solar modules, turning them into smart modules. By constantly tracking the Maximum Power Point of each module, Power Optimizers increase system energy production and shorten system ROI, while also ensuring the lowest possible operation and maintenance (O&M) costs over the system’s lifetime. As safety was also an important aspect of the SLI, SolarEdge technology was also selected for its advanced safety features to ensure the highest level of safety for both people and property.
“We have been present in the renewable energy sector in Romania since 2010 and currently have 900 MWp of ground mount and rooftop installations either in operation or under development. Helping to drive this growth is our commitment to working with innovative technology providers, such as SolarEdge, to provide high-quality, turnkey PV projects that deliver maximum value to customers throughout the lifetime of their installations,” says Dušan Lichardus, Chairman of the Board of TESLA Group.
“For example, for industrial property developers such as ELI, maximizing power generation to ensure optimal savings for tenants is a non-negotiable, and so having access to SolarEdge’s innovative Power Optimizer technology is critical. By combining its capabilities with the energy management system, TESLA AMOS (Advanced Microgrid Optimization System), we can deliver operational control on the individual panel level, which brings higher production, lower OPEX, longer technological life, and the highest industry safety standards to the asset owners.“