Elpedison has completed the installation and connection to the grid of a photovoltaic (PV) system, under the framework of Net Metering, with a total capacity of 1 MWp, for the Hyatt Regency Thessaloniki Hotel, of the Regency Entertainment Group. The project contributes significantly to the Regency Group's strategy to further reduce its environmental footprint through the use of alternative energy sources.

The PV system, which was completed and delivered as a turnkey solution, includes the design and construction of 12 state-of-the-art car-ports around the hotel, where a total of 1,738 PV panels and 10 100 kW inverters were installed. The project was implemented in accordance with international standards, while during the construction, which lasted 2 months, strict Health & Safety measures were followed, reflecting the importance both companies attach to this sector.

The implementation of this project, in addition to the significant energy and economic benefits, will lead to a reduction of the hotel's carbon dioxide (CO2) emissions by 528t CO2 eq., i.e, an improvement of the hotel's environmental footprint by 25%.

Elpedison is also a dynamic player in the field of Energy Services, which aim to reduce the customer's energy costs, increase its energy efficiency and reduce its environmental footprint. In fact, it offers the possibility of financing the energy project in question as well as the option of concluding Energy Performance Contracts.

Through a highly qualified team of specialized engineers, Elpedison has constructed a number of projects throughout Greece, both for commercial and industrial clients, providing integrated solutions. In the field of PV, the Company undertakes the design, engineering, licensing, supply, installation and technical support of PV along with battery storage systems.

The CEO of Elpedison, Mr. N. Zachariadis, said: "We are very pleased to announce the launch of a strategic partnership in the field of energy services with Regency Entertainment Group. The 1MWp PV system, which we constructed entirely in new parking shelters around the Hyatt Regency Hotel in Thessaloniki, supports the Regency Group's vision towards sustainable development and is a milestone project for the hotel industry".

From his side, the CEO of Regency Entertainment, Mr. G. Tsirikos, mentioned that: "Limiting the environmental footprint of Regency Entertainment's business units and careful management of natural resources are central pillars of our Group's 'green' strategy. With Elpedison's excellent know-how and construction expertise, we have completed an innovative project that makes the operation of Hyatt Regency Thessaloniki even more environmentally friendly, while at the same time, it meets the new trends and requirements of the international Luxury Tourism market".