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Elvi will invest more than half a million euros in the installation of solar panels

Through its sustainable development initiatives and continued investment in energy-efficient projects, the national food retail network ELVI will invest more than half a million euros in the coming months and install solar panels to generate electricity in major grocery stores. It is planned that in the first phase of the project, at least 10% of all network stores will be equipped with solar equipment.

In the coming months, it is planned to equip at least 10% of all network stores with solar equipment for electricity generation, initially in Vidzeme region and Kurzeme.

The installation of solar panels for electricity generation is the next step in promoting the sustainable development of the ELVI store network – in recent years, many stores have been equipped with heat recovery technologies and energy-efficient retail equipment, which has managed to be environmentally responsible and optimize sales costs. The installation of solar panels for electricity generation is a continuation of these initiatives, which will further reduce the stores’ dependence on external factors, allowing them to work energy efficiently.

We started the solar installation project in the middle of last year, recognizing both the specifics of the stores and the capabilities of the equipment manufacturers, but the energy efficiency crisis in recent months only confirms that this initiative is important and can be implemented as soon as possible. coordination of the planned solutions with the responsible institutions, and in the near future solar panels for more than half a million euros will be installed at points of sale in Vidzeme region and Kurzeme.

SIA ELVI Latvija Commercial Director Laila Vārtukapteine

Continuing to support the sustainable development initiatives of Latvian companies and investments in energy efficient projects, SEB banka has allocated 500 thousand euros to the food retail network ELVI for the installation of solar panels in the largest stores.

At a time when the issue of energy independence has become particularly acute, it is important for us to support customers’ plans to improve energy efficiency while achieving climate goals. This is an example that dispels the myth that the ambition of sustainability is only binding on global corporations, large exporting companies and companies in high-intensity industries. In our daily work, we see that the general interest of companies in environmental impact issues is growing, and we are pleased to be a long-term partner in this path of green transformation.

Member of the Board of SEB banka Ints Krasts

In 2022, the store network ELVI plans not only to improve the responsible management practices of retail outlets, but also to make significant investments in the development of logistics, improvement of the confectionery and culinary assortment, projects for opening new stores and reconstruction of existing stores.

Elvi will invest more than half a million euros in the installation of solar panels 2
Elvi will invest more than half a million euros in the installation of solar panels 2

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