Loan Amount: | € 115,074 |
Grant amount: | € 17,261 |
EU Directives met: | Directives on renewable energy, electronic equipment, H&S, etc. |
Invested in: | Solar PV Rooftop installation |
Energy Savings and GHG reduction: | 190 MWh/y 45 tCO2/y |
The Skopje-based company V&E Dooel was founded in 1997 as a manufacturer of children’s garments, initially under specific supply contracts with a Belgian company. When the Belgian partner stopped its operation 15 years ago, V&E overcame the subsequent challenges by transforming its production to women’s apparel for a German company. Even though a niche product, the relationship with the new partner has grown from occupying 20% of the company’s capacity at the onset to the current 100% over the past few years. I.e. 100% of the company’s production is for export.
V&E invested in new solar PV system installed on the roof of the production hall. The new system reduces the company’s primary energy consumption by 190 MWh and CO2 emission by 83 tCO2/year.
The company received free technical assistance to optimize its investment project and 15% grant cash-back after the successful project verification, funded by the European Union.
With the investment, the company now meets a wide variety of standards including: