Romania’s Selgros to launch 2.0 mln euro PV rooftop installation

Romanian retailer Selgros Cash&Carry said it will launch on October 9 its first photovoltaic (PV) rooftop installation following an investment of around 2.0 million euro ($2.57 million).

The 906 kilowatt installation is made up of 3,778 solar panels located on the roof of a supermarket, the retailer said in a statement on Tuesday.

“This is the first investment of this kind, others will follow, the panels are going to be placed on the roofs of our stores and parking lots,” Selgros Cash&Carry Romania CEO Alexandru Vlad said.

Selgros received a licence to produce electricity at the end of August.

The retailer, part of Swiss group TransGourmet Holding SE, had a profit of more than 86.7 million lei ($24.6 million/19.1 million euro) in 2011 on a turnover of 3.4 billion lei.

Selgros Cash&Carry operates 19 stores in Romania.

($=0.7756 euro)

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