At this moment, we can support with green energy from our own production, a city the size of Sibiu.
As part of our strategy, in year 2012, we decided to invest 75 millions Euro in photovoltaic plants.
For an increased sustainability, a great deal of the investments made for growing our company was directed, during the past years, towards renewable sources of energy. The use of solar energy represents a major concern of the global energy industry, so up-taking this direction was a natural step for Tinmar. In 2012, the first plant of 3 MWp was commissioned, and one year later investments reached 75 millions Euro, Tinmar having a portfolio of photovoltaic plants of 50 MWp:
The Arcani project – 3 MWp – Gorj county
The Uieşti 1 project (10 MWp) – Giurgiu county
The Uieşti 2 project(8,5 MWp) – Giurgiu county
The Târgu Cărbuneşti 1 project(10 MWp) – Gorj county
The Târgu Cărbuneşti 2 project(10 MWp) – Gorj county
The Şimnicu de Sus project – 8 MWp – Dolj county
At this moment, we can support with green energy from our own production, a city the size of Sibiu. In year 2015, the quantity of green energy purchased from other renewable energy producers, together with the own from our own production, reached a share of 35% out of the total energy delivered to consumers.
Unlike the system used in other countries – with a feed-in tariff for each MWh of renewable energy produced, Romania has chosen a subsidy scheme based on green certificates issued for each MWh produced and imposing a green certificates acquisition share to all suppliers delivering energy to final consumers. Due to the legislative changes, Tinmar, as supplier, was able to purchase green certificates, creating therefore the opportunity of a vertical integration.