SMART ENERGY GROUP Commissions 5 MW PV Park in Romania

BUCHAREST, Romania - Jan. 15, 2014 - PRLog -- Bucharest, Romania, and Istanbul, Turkey, January 14, 2014 – Smart Energy Group, a renewable energy investment and EPC company is pleased to announce that it has successfully completed and connected a 5 MW PV park to the Romanian power grid in December 2013.  Smart Energy Group is also an investor in the PV park through its Romanian subsidiary, SC Natural Energy Prod SRL.

Smart Energy Group’s TUV SUD certified EPC company, Smart Solar, provided the turn-key EPC services for the solar park, which was connected to ENEL grid at approx 37 km south of Bucharest. The system is expected to provide approx. 6.57 GWh of electricity per year to the County of Giurgiu, based on the PVGIS projections. Thanks to its manual angle changing metal structure, high quality engineering design and products used in the system design; Smart Energy Group expects that the PV park will generate approx. 7 GWh of electricity production per year. The solar park was accepted by the Romanian Energy Regulatory Authority (ANRE) and receives 6 Green Certificates out of which 4 can be traded immediately. The project uses 20,040 modules connected to central invertors specially designed and produced for Smart Solar and 5 transformer stations.  Smart Solar also led the grid connection processes in Romania and provides operation and maintenance of the PV Park.

Mr. Halil Demirdag, Executive Chairman of Smart Energy Group, stated that “the 5 MW PV park is a key milestone for our Romanian operations as an investor and EPC company and shows our commitment to the Romanian economy.  This is the second PV park that Smart Solar constructed as an EPC provider in Romania.  Our operational experience in Southeast Europe has enabled us to develop capabilities that we can expand in other countries in the region.”

Smart Energy Group’s 5 MW PV Park has already produced more than 200 MWh of electricity since its commissioning in December 2013.

About Smart Energy Group

Smart Energy Group is a renewable energy investment, EPC, O&M and IPP company, providing turnkey PV parks.  The company has operations in Bulgaria, Greece, Romania, Serbia and Turkey and has successfully completed more than 82 PV parks in the region.  Smart Energy Group has its own PV parks with a capacity more than 40 MW (including the ongoing construction) in Southeast Europe and has started its first PV park investment in Kayseri, Turkey as well. The company has moved its Turkey offices to Istanbul Technical University Energy Technopark in Turkey and will continue its Research & Development activities at its new location.

About Smart Solar

Smart Solar is Smart Energy Group’s TUV SUD certified EPC company.  Smart Solar provides turnkey EPC services for PV parks in Southeast Europe, including Greece, Bulgaria, Romania and Turkey.

Contact:

Smart Energy Group Romania Office:    romania@smart.com.tr

Smart Energy Group Turkey Office:        turkey@smart.com.tr

Website:          www.smart.com.tr