Profil:
AB SAAB distributor launches photovoltaic farm near Wroclaw
Listed distributor of IT, household appliances and consumer electronics AB has launched a 760 MWh photovoltaic farm in Magnice near Wroclaw, the company said in a market filing. The investment is expected to cover an area of 10,000 square metres.
"The photovoltaic farm will make it possible to significantly reduce CO2 emissions and at the same time reduce the expenses incurred on the purchase of electricity," CEO Andrzej Przybylo, quoted in the press release, said.
The cost of the investment closed at PLN 3.1 million (EUR 722k), which means that the estimated payback period is around seven years.
alk/ nl/ han/