In June, GEN-I Sonce, Slovenia’s top provider of turnkey solar power solutions, marked a significant achievement by completing its 10,000th solar power plant installation in Crnomelj. This new solar plant is expected to generate approximately 6,680 kWh of electricity annually, reducing CO2 emissions by 1.7 tons each year.
The completion of 10,000 solar installations is contributing to a gradual reduction in Slovenia’s carbon footprint. In 2018, just 351 solar power plants produced nearly 4,600 MWh of electricity, cutting CO2 emissions by over 2,200 tons. By 2023, the number of installations had risen to nearly 8,000, generating close to 184,000 MWh of electricity and reducing CO2 emissions by more than 90,000 tons.
Gregor Hudohmet, Managing Director of GEN-I Sonce, emphasized the company’s leadership and experience in the Slovenian market, citing strict adherence to ISO standards as a hallmark of their high-quality installations. He highlighted the company’s unique model of buying back excess energy, combined with Borzen’s self-supply subsidies, which makes investing in solar power both environmentally and economically advantageous.
GEN-I Sonce anticipates continued growth in solar power installations, driven by generous self-supply subsidies and the company’s innovative approach. The average payback period for a subsidized solar power plant using GEN-I’s surplus buyback model is 8 years, while systems with energy storage have a payback period of 11 years. Despite the longer payback period for energy storage systems, they offer additional savings over the expected 30-year lifespan of the solar plant. GEN-I’s model allows customers to sell excess energy when the battery is full, reducing reliance on costly grid electricity and providing monthly bill credits for surplus energy.
