The Greenvolt Next announced its collaboration with Myloi Achaias for the implementation of a self-generation photovoltaic project in Patras, utilizing the Virtual Net Billing model.
According to the relevant announcement, the solution allows Myloi Achaias to utilize the solar energy produced to cover their energy needs, even though the photovoltaic system is not located at the company's main production facilities.
Self-generation without geographical restrictions
The Virtual Net Billing enables businesses that do not have suitable or sufficient space at their facilities to generate electricity from a photovoltaic station at a different location.
In this way, self-generation is not limited by the geographical location of the consumption facilities, creating new opportunities for industrial and other energy-intensive businesses.
599.3 kWp photovoltaic system in Patras
As part of the collaboration, Greenvolt Next undertook the study, equipment procurement, and construction of a self-generation photovoltaic project with a capacity of 599.3 kWp, on a plot of agricultural land in the Patras area.
The installation is estimated to produce annually 850,308 kWh of clean energy. Through virtual simultaneous netting (Virtual Net Billing), the energy produced will be used to cover the energy needs of Myloi Achaias.
The project was implemented through the Solar EPC (Engineering, Procurement & Construction) model, with Greenvolt Next undertaking the entire process, from design to construction, based on the company's energy needs and operating conditions.
Savings of 82,800 euros and emissions reduction
According to the project's estimates, the photovoltaic system will cover approximately 36% of the energy needs of Myloi Achaias.
The investment is expected to generate annual savings of approximately 82,800 euros, while at the same time it is estimated to reduce carbon dioxide emissions by approximately 630 tons.
The utilization of solar energy is also expected to reduce the company's dependence on the electricity market and price fluctuations, enhancing the predictability of energy costs.
Greenvolt Next's strategy
The collaboration with Myloi Achaias is an example of the application of Virtual Net Billing in Greek entrepreneurship, particularly in cases where consumption facilities do not have the necessary surfaces for the installation of photovoltaic systems.
The Greenvolt Next provides energy self-generation solutions, from the design and installation of photovoltaic projects to energy storage and electromobility solutions, adapting its proposals to the energy profile of each business.
Through the new collaboration, the company is expanding its portfolio in Greece, with the aim of reducing businesses' energy costs, strengthening their competitiveness, and transitioning to more sustainable operating models for Greek businesses.