Nektium Announces Successful Installation of Photovoltaic Solar Panels, Advancing Energy Efficiency and Sustainability Initiatives
Las Palmas, Canary Islands, December 1st, 2021

Nektium is proud to announce the successful completion and final resolution of the grant for the year 2021, awarded for the improvement of energy efficiency and the use of renewable energies in companies and residential buildings. This grant, co-financed with the European Regional Development Fund (ERDF) as part of the Operational Program of the Canary Islands, marks a significant milestone in our commitment to environmental sustainability.

Living in the Canary islands allows us to have an abundance of sun. In less than four months, Nektium’s photovoltaic solar installation has saved the atmosphere around 14.65 tons of CO2, which means equal to what a vehicle emits after traveling 58.790 kms, equivalent to the CO2 emission caused by the commute of the entire Nektium’s staff.

Nektium has been dedicated to the installation of photovoltaic solar panels, an ambitious project designed to harness renewable energy for our operations. The installation boasts a nominal power of 100kW and covers approximately 1,000m2 on the roof of our production hall. Comprising 256 photovoltaic panels and 4 inverters, this setup is projected to save around 25% on our total electricity costs.

The installed solar power system has enabled Nektium to achieve over 30% self-sufficiency in energy, effectively meeting the energy demands of our administration building. This advancement is a crucial first step towards our long-term strategic goal of environmental sustainability through renewable energy utilization.

“Our investment in photovoltaic solar panels is a testament to Nektium’s commitment to sustainable practices and energy efficiency,” said Roberto Jiménez, Production Director. “By significantly reducing our reliance on non-renewable energy sources, we are not only cutting costs but also contributing to the preservation of our environment. This project also serves to raise awareness among our employees about the importance of energy conservation and efficiency.”

Nektium’s journey towards sustainability is ongoing, with this solar panel installation serving as a cornerstone of our broader strategy to incorporate renewable energy into all aspects of our operations. We are proud to be an example in the renewable energy sector, demonstrating the tangible benefits of green energy solutions in a corporate setting.

For more information about Nektium’s sustainability initiatives and other projects, please visit https://nektium.com/environmental-policy/