With recent years’ advancements in technology, power generation from solar panels is now more efficient and cost-effective, allowing for widespread deployment and utilization of solar energy. Power production from solar PV parks can provide notable benefits to energy offtakers such as reduced dependence on fossil fuel generated power and significant cost savings on electricity bills, as well as a hedge against market price volatility, offering stability and predictability in energy costs.

Solar Square has invested in the development of Solar PV parks since 2020 with the strategic objective of exploiting the high irradiation potential of southern eastern European regions to generate substantial long-term financial returns and provide benefits to local societies. In general, Solar PV energy presents high scalability potential to investors, making it suitable for projects of various sizes, ranging from small installations to large-scale utility projects.

Energy Storage has become a catalyst in the transformation of every single aspect of the power sector – from generation, distribution and consumption to renewable energy absorption and system stabilization and security. In particular, energy storage offers significant capabilities to power producers, traders, suppliers and system operators with regards to optimizing energy supply and demand, shifting available stored energy to hours of increased demand. By storing energy during off-peak hours when electricity is cheaper or more abundant and using it during peak hours, consumers can optimize their energy usage, reduce costs, and alleviate strain on the grid during high-demand periods. Furthermore, energy storage systems can be employed to manage and smoothen energy demand fluctuations in commercial and industrial settings. By storing electricity during periods of low demand and discharging it during peak hours, businesses can reduce their overall electricity consumption, lower peak demand charges, and achieve significant cost savings. Finally, it can produce significant benefits with regard to system stabilization providing balancing services to the grid operator and ensuring smoother absorption of irregular patterns of renewable energy produced emergency as well as backup power availability in cases of power outages.

Solar Square possesses significant expertise in the sector, having installed more than 500 charging stations in Greece since 2019. The Company will continue to invest in the area, as we believe there is tremendous potential for further growth, based on the forthcoming reduction in EV Battery costs as well as an expected increase in consumers awareness about the benefits of E-mobility.

Demand-response technologies enable consumers to actively manage and adjust their energy usage in response to price signals or demand-response programs, leading to reduced electricity bills. They can also provide consumers with additional revenues from grid operator saving via specific incentives to reduce energy consumption during high demand periods and potentially also resell energy to the grid (via battery storage systems) at specific hours of imbalance of power supply vs demand.

Solar Square has invested in research and development of demand-response technologies and hardware which will provide real-time information to consumers about their consumption and related pricing, enabling them to make informed decisions regarding the timing of use of electricity. This increased awareness and control over energy consumption can lead to more efficient usage habits, reducing CO2 emissions and generating positive environmental impact.

Battery recycling is very important within the framework of sustainable economic activities, as it reduces the cost and environmental impact of new battery production while also recovering and recycling non-renewable materials such as lead, nickel, steel, zinc, mercury, cobalt, lithium, and silver.

Solar Square is actively involved in R&D with regard to battery recycling technologies and processes, seeking to exploit inefficiencies in the respective prevailing procedures and framework in the countries in which it operates and, in this respect, create value both for its investors and the society as a whole.

Smart microgrid systems, whether applied in domestic, commercial or industrial installations, maximise energy cost savings via the integration of solar PV power generation, heat pumping, energy storage systems, EV chargers and smart energy appliances. In this respect they contribute to the minimization of consumers’ energy bills and grid stabilization and support through smart microgrid control and intelligent energy management systems.

Solar Square is actively pursuing investments in micro-grid system technologies that can be offered to different types of customers (home, commercial, industrial) as part of its broader services and products portfolio.