Profitable renewable energy business

Profitable  renewable  energy  business 

1) Exclusive distributor in Moldova of well-known brands, at the same time the company has contracts with photovoltaic system suppliers from Europe and China, including Panel Warranty Certificates. 2) The financial capacity of the company is ensured by the management of a preferential commercial credit line, in the amount of 5.0 mln. Euro available to purchase products from the renewable energy industry, which represents a financial advantage for investors. 3) It has a financing line in the amount of 25.0 mln. Euro for the financing of photovoltaic parks with a capacity of up to 50 MW per project. Thus, the financing instruments available for the construction of photovoltaic parks can be used in Moldova, Ukraine and EU countries. The team of experienced professionals are dedicated to providing quality services, working together with local partners who are qualified, properly trained engineers, electricians and workers.

The range of products and services offered by includes photovoltaic systems, including on-grid, off-grid and hybrid systems, with a wide range of options to meet the specific needs of customers. Consulting and bidding services, provided by a team of experts with extensive knowledge in the field of renewable energy. Warranty and maintenance, to give customers peace of mind that their PV system will perform at optimal parameters for the long term. Installation and commissioning are carried out by a team of professionals with experience in the field. The assembly services provided by the company are complex and very varied, from connecting components to the electrical network, to making specific circuits and putting electrical installations into operation. The company's specialists are in charge of creating the offer and making installations from scratch. After the systems are put into operation, the installations are connected to the high voltage substations and the recording equipment with electricity supply is installed. The company is formed by a team of professionals with extensive knowledge in the field of renewable energy, who have completed projects with a capacity of more than 20 MW in photovoltaic systems for residential, commercial, industrial complexes and complex photovoltaic parks. The company's experts provide maintenance services and answer any questions regarding the operation of the systems or other solutions necessary for implementation.

The operational activity of the company includes the protocol of negotiations with suppliers, customers and the organization of the logistics process for the import of solar panels in the Republic of Moldova. The business operates on the basis of the Internal Regulations and contractual obligations with local and international partners all connected in accordance with the legislation in force. Taking into account the complexity of the import procedures, the company has all the necessary notices and authorizations for the import of solar panels, registered at the Moldovan Customs Office. Collaborating with top suppliers from Spain, Germany, Holland and China, the company benefits from high quality solar panels, TR1 Certificates. This collaboration is a cooperation initiative that comes as a response to Directive (EU) 2018/2001 of the European Parliament and of the Council regarding the promotion of the use and consumption of renewable energy sources in the Republic of Moldova. In the current context, more and more households in urban, but also rural sectors, are interested in connecting to renewable electricity. Also, more and more entrepreneurs are opting to use electricity generated by photovoltaic panels to power their businesses and preserve the environment. A particular advantage in the implementation of this solution is the fact that it is accessible to everyone: from small rural, urban households to large industrial plants. Solar panels are easy to install and maintain, have maximum efficiency and minimum costs.

The business comes with the work equipment important to operational activity as well as valuable intangible assets such as solid market reputation and long-standing relationships with its customers and suppliers. The company is profitable, with no debts to the state budget, thus ensuring the buyer a functional activity (laptops, printers, cars), including contracts with customers, suppliers, employees, collaborators, authorizations, approvals, brand, commercial and financial rights. The company rents 2 warehouses with a total area of 900 sqm where materials and photovoltaic systems are stored. The stock of solar panels are CE Certificated; TUV according to ISO 9001:14001:45001 and IEC 61215:61730 standards that carry a 30-year manufacturer's warranty. Portfolio of customers and suppliers are the advantages of the company, which will be passed on to the investor. Accounting and legal records are outsourced services performed by accredited institutions in the field. The official website page is professionally made in two communication languages, with authorized administration rights, which contains the product catalog, the company's range of services and an informative blog for customers. Heritage assets will be handed over

The business operates efficiently regardless of its location, benefiting from access to diverse resources and markets. The business is successfully managed by the current owners and has a significant market share in Moldova. However, the company is looking for expansion opportunities, which could be a point of interest for potential investors. The electricity system in the Republic of Moldova is characterized by its dependence on imports, which in 2022 provided 82.78% of the demand. In 2022, of the 4.4 TWh electricity demand, 10.72% was supplied either from Ukraine or from the Cuciurgani Moldavskaya GRES (MGRES) gas-fired power plant (61.19%), located in the Transnistrian region, and from Romania 10.86%. In this sense, in recent years, the Republic of Moldova has made considerable efforts to improve energy efficiency and develop, in particular, the renewable energy sector, as well as to attract foreign investments in the energy sector. Capitalizing on the potential of renewable energy sources can contribute substantially to reducing dependence on imports. The country has a vast transfer potential to the source of renewable energy, wind, solar, hydro and biomass. In order to attract investments, the Government of Moldova adopted a series of support measures for the development of the sector of renewable energy producers, including investment promotion and cost compensation schemes. This industry has the potential to create new jobs, reduce dependence on energy imports to contribute to the sustainable development of the country and competitive costs for the business environment. Renewable energy sources are alternatives to fossil fuels that help reduce greenhouse gas emissions, diversify energy supply and reduce dependence on volatile and uncertain fossil fuel markets, especially oil and gas. If we are to refer to the market of the Republic of Moldova, it is a dynamic and continuously developing one to embrace this vast and noble segment at this time. We note that, in the year 2023, the number of power plants connected to the electrical distribution networks from renewable resources is 182 units, and the average annual potential of solar energy is estimated at a rather high level, namely 1200–1400 kWh/m2, which which makes it possible to develop a large solar energy production capacity.