Press Release on Project Implementation Commencement

Large Infrastructure Operational Program 2014-2020

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Priority Axis 11 – Measures to improve energy efficiency and stimulate the use of renewable energy at the enterprise level
Thematic Objective – Supporting the transition to a low carbon economy in all sectors
Specific Objective 11.1 – Energy efficiency and use of energy from renewable sources for own consumption at the enterprise level.

“State aid measures for production from renewable energy sources”

27.03.2023

Press Release on Project Implementation Commencement "Renewable Energy Sources for KADRA TECH SRL"

KADRA TECH S.R.L., tax identification code 17696129, registered at the Trade Register under no. J12/2258/2005, headquartered in Cluj-Napoca Municipality, Romania, Str. Tăietura Turcului no. 47, Cluj-Napoca Municipality, Tăietura Turcului Street, No. 47, KADRA Building, Cluj County, postal code 400285, Romania, is implementing as of 27.03.2023 the project titled “Renewable energy sources for KADRA TECH SRL“, SMIS code 160946, co-financed by the Cohesion Fund, through the Large Infrastructure Operational Program 2014-2020, implemented at the national level by the Ministry of Investments and European Projects, through AM – POIM as the Managing Authority.

The total value of the project is 550,769.18 lei of which:

  • 249,057.18 lei – Total eligible non-reimbursable value
  • 211,698.60 lei – Eligible non-reimbursable value from CF
  • 37,358.58 lei – Eligible non-reimbursable value from the national budget
  • 203,774.06 lei – Co-financing

The general objective of the project:

The main objective of this investment plan is to increase energy efficiency, which will impact the reduction of GHG emissions, the development of clean energy sources at the company level, the recording of savings in annual primary energy consumption, and the reduction of the energy intensity of the company’s activity, contributing to the achievement of the European Union’s objectives for the 2021-2030 period, assumed at the national level through the National Integrated Energy and Climate Plan 2021-2030 (PNIESC) regarding the final energy consumption from renewable resources and the increase of energy efficiency. The project objectives are closely related to the specific objective of the “Large Infrastructure Operational Program” (POIM 2014-2020), priority axis 11 – Measures to improve energy efficiency and stimulate the use of renewable energy at the enterprise level, investment priority 11.1 – Energy efficiency and the use of renewable energy sources for the enterprises’ own consumption, namely ensuring energy efficiency and reducing consumption.

Expected results from project implementation:

  • Photovoltaic system with an installed capacity of 70 kWp installed at the investment project implementation location, at the energy contour targeted in the energy analysis.
  • 81% of the annual electricity consumption for 2021 covered by renewable energy sources based on the photovoltaic panel system installed during the project implementation period, at the energy contour targeted in the energy analysis.
  • Greenhouse gas emissions reduced by 81% compared to 2021, as a result of the investment project implementation, at the energy contour targeted in the energy analysis.

Project implementation period:
27.03.2023 – 31.12.2023

Project co-financed by the Cohesion Fund, through
Large Infrastructure Operational Program 2014-2020

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