Piraeus Bank: ‘Green’ financing to businesses

Piraeus Bank, firmly committed to supporting the “green” transition of the Greek economy and businesses, is constantly expanding its services to support “green” energy modernization investments that enable businesses to become energy autonomous and thus reduce their energy costs. .

The Bank offers a comprehensive financing program for the purchase and installation of Photovoltaic Systems for Self-Production with Net Compensation (net metering). Funding can be up to 80% of the cost of the installation for up to 8 years.

Self-generating energy is an important tool – a solution for energy autonomy and reducing the energy costs of businesses while delivering significant benefits for the environment. It offers a strategic advantage in controlling operating costs, reducing production costs and enhancing competitiveness, while at the same time providing a substantial modernization and green transition intervention.

The maximum power of the system amounts to 100% of the agreed power of the business supply, with a limit of 3MW (for the interconnected system and Crete)

Through this financial program, companies with significant cooling-heating needs, energy-intensive machines in industrial production can benefit, while this system can have particular benefits for tourist units.

The system can be installed in the same or adjacent space with the consumption installation to which it corresponds and in particular can be installed on a roof, in an uncovered plot of land or on an adjacent plot – with the possibility of electrical connection to the main supply.

Source: Capital

You may also like

The US Treasury yield
Markets
Joshua

The US Treasury yield

The 10 -year performance of the US rises to 4,473% while investors digest Fed concerns about inflation and tariffs. The