Tinmar get 7 million euro for developing new PV farm

Carpathian Commercial Bank ( CCB ) has awarded a grant worth 7 million euros to Tinmar company, one of the largest private electricity retailers in Romania recorded in 2013 a turnover of 350 million euros.

Funding has been granted for an investment made in green energy, namely a 8.5 MWp photovoltaic plant installed capacity. The project is part of a park developed on an area of ​​18 hectares in the commune Bucşani, Giurgiu County, as part of a larger project of 18.5 MWp solar power installed - one of the largest in Romania, inaugurated in June 2013.

"These investments in solar parks for us is the continued implementation of the development strategy of own capacity for electricity production and project financing, a confirmation from Carpathian Commercial Bank for a long term partnership that is aimed at the development of the group as an entity integrated TINMAR vertical. TINMAR are interested in developing new energy production capacity to ensure a diversified energy mix as to ensure our customers a high predictability as to electricity price fluctuations in the short , medium or long term" said Adrian Pavelescu , Head of Renewable Energy , Tinmar Group.

source : Curierul National

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