The Green Energy Production for bio-based & compostable packaging production project is developed by PROMATERIS SA (Romania) as a Project Promoter and NORSK ENERGI (Norway) as a Project Partner.
The project offers solutions both to the decarbonization of Promateris and to the environmental issues the world is confronting today, by replacing traditional energy with energy from renewable resources, which will be used in the production process.
This project will help Promateris' transition to green energy by replacing traditional fossil fuel energy with solar energy. The investment value amounts to approximately 1 million euros and Promateris is the beneficiary of a 597.000 euros aid provided by Iceland, Liechtenstein and Norway through the EEA and Norwegian financial mechanism 2014-2021.
The project is in line with the EU and national regulations and targets, contributing to the EU’s long-term strategy of achieving carbon neutrality by 2050. In this context, production of energy from renewable sources will enable Promateris' further decarbonization.
Through this project, Promateris also contributes to the decarbonization of the local economy & community (aprox. 25.000 inhabitants in Buftea), while also contributing in helping Romania achieve its green energy transition targets.
Within this project we are aiming to install a photovoltaic system, with an installed capacity of 1MWp. The system will be installed in Buftea, at our production facility and the energy obtained will be used in order to manufacture our bio-based & compostable products.