Bucharest Exchange-listed winemaker invests in own PV energy generation capacity

Bucharest Exchange-listed Purcari Wineries (BVB: WINE) announced that it continues its efforts towards sustainability by extending its PV system located at Purcari Winery and installing a new system on the premises of Bostavan Winery.

The existing solar panel system installed in 2022 on the rooftop of Purcari Winery’s production site was extended with an additional 300 kW. Now comprising a total capacity of 500 kW, the system will supply 40% of the winery’s annual electricity consumption.

On the premises of Bostavan Winery, the newly installed photovoltaic system was installed on the rooftop of the winery’s newest warehouse. With a capacity of 200 kW, the investment is expected to ensure the production of approximately 230,000 kWh annually, around 15% of the winery’s consumption.

Both newly installed Solar Panel Systems are already in use as of June 1, 2023, bringing the group’s total renewable energy production capacity to 700 kW.

During the next 3 years, the company will continue its investments in increasing its production capacity of renewable energy, with the objective of covering at least 80% of its energy demand from photovoltaic power stations.

(Photo source: Dreamstime.com)