As part of our ongoing commitment to energy efficiency and sustainable operations, we have secured a EUR 102,500 grant from the Modernization Fund to support the development of a photovoltaic power plant at our Borongajska cesta 81 facility in Zagreb. This initiative, carried out under Agreement No. 2023/015698, is part of the project "Renewable Energy Production at KONČAR – Switchgear Ltd." (Project Code: MF-2023-1-1-124).

Once completed, the power plant will have a total installed capacity of 186.96 kW, generating approximately 183.22 MWh of clean energy annually. This will result in an estimated reduction of 29.13 tons of CO₂ emissions per year, reinforcing our commitment to environmental responsibility and sustainable energy solutions.

The project is set to be completed within 24 months, with finalization expected by June 2025.