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October 23, 2021
BUSINESS

First results of US smart grid solutions in Romania

USD 15 M investment in production of energy from renewable sources in Ghimbav.

The ICCO group and US company Lockheed Martin started yesterday on the ICCO Industrial Park in Ghimbav Brasov the first private smart grid project in Romania, with a total investment in the production of energy from renewable sources of USD 15 M, Mediafax informs. The first phase of the investment amounts to USD 12 M and includes the mounting of photovoltaic panels on the top of all five facilities of the industrial park, measuring 50,000 sq m in total, and on the ground, covering 1 ha, according to Calin Costan, President of ICCO group. The second project phase next year will expand the area on which photovoltaic panels will be mounted by four hectares, at ground level, the investment requiring USD 3 M. ‘This is a project in which we are investing a total of USD 15 M: USD 12 M for this stage and USD 3 M next year. By 2013, we will have a revolutionary system for the production and distribution of power which, on the one hand, will mean savings on the energy bill and, on the other hand, will lower the impact on the environment. This is one of the first photovoltaic parks in Romania and the ICCO and Lockheed Martin teams have completed it in record time,’ Costan said. Present at the inauguration, US Ambassador in Romania, Mark Gitenstein, said the investment in Ghimbav strengthened the partnership between the United States and Romania, as it was the first private smart grid application in this country as well as Lockheed’s firs commercial project in Romania. Smart grids use IT and telecom solutions to optimise infrastructure and monitor generated and used power. Within the project, ICCO will develop an energy system made up of photovoltaic panels which, in a first phase, will generate 4.8 MW, and 7 more MW in the second phase, providing most of the power the park needs to operate. The USD 12 M project will integrate PV panels supplied by American companies Tenksolar and Helios, as well as wind turbines by Windstream Technologies. ‘We can see the first results of our efforts of promoting US smart grid solutions in Romania as well. This country benefits from an important potential of renewable energy resources, but success in using them is limited by the capacity of the national grid to take in additional power. This project demonstrates the potential of a smarter grid and is a case study for the green energy distributed through the system,’ said Keith Kirkham, commercial counsellor of the US Embassy in Bucharest.

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