Description
The project represents an innovative organizational approach of renewing the business model by optimization through green activities and production processes. The goal of the project is to become completely independent of fossile energy such as oil and gas, to heat the water by solar power and to cover 100% of necessary energy out of solar energy harnessing from a 3800m2 roof top. Reducing the dependency on traditional energy represents a more sustainable way of doing business and will benefit both the company and the local environment and community. Increasing Insta's competitiveness and optimize the business model and to gain new competitive advantages by manufacturing "green products". Successful completion of the project will result in reduced costs, while allowing Insta to maintain its commitment to high quality and specially labelled products. To prove these advantages in a low developped countryside in Romania represents a even more attractive goal for social stability and improving the dialogue about energy saving and energy efficiency.
Summary of project results
The reason for investing has reflected the need to increase competitiveness, optimize the business model and to gain new competitive advantages. Successful completion of the project has resulted in reduced costs, while allowing Insta Electric to maintain its commitment to high quality. It will also contribute to its brand value and corporate image as an organization committed to financial, technical and environmental sustainability. The project has specifically focused on efficient energy consumption within production and heating processes by harnessing energy from renewable resources. Energy-saving measures have been successfully implemented as lowering the ceiling in production hall, wall insulation, new windows, efficient LED light system and the Photo Voltaic (PV) system on the roof. The complete independence of fossil energy is successfully implemented by using a pellet heating system combined with hybrid panels. An important objective of the project was to reduce waste and emissions to air, water and ground. The Photo Voltaic system has generated good premises of achieving 72% of Insta Electric's current electricity consumption through the solar panels installed and should produce an estimated renewable energy per year of 455 MWh. The CO2 emission shall be reduced by approximately 75% and thanks to other energy saving measures have been calculate with a saving of 20% of the previous total heating costs.
Summary of bilateral results