NewsEPCG Solar Construction achieves first profitability with €92,460 in 2024

EPCG Solar Construction achieves first profitability with €92,460 in 2024

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EPCG Solar Construction ended 2024 with a positive financial result of €92,460, marking its first profitability after three years of operation. The company’s Board of Directors approved the annual report during a recent meeting.

“This success represents a significant step towards achieving the company’s long-term goals, as a result of strategic focus and continuous investment in development and capacity expansion, as well as dedication to projects supporting the growth of the renewable energy sector,” the company stated.

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In addition to large-scale roof solar installations, EPCG Solar Construction recently began producing substructures and concrete blocks for ground-mounted solar power plants. This expansion allows the company to offer solar system installations not only on rooftops but also on the ground, providing greater flexibility for large solar system implementations.

“This breakthrough is an important moment in the company’s development, as it enables more flexibility in implementing large solar systems,” said the company.

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EPCG Solar Construction also highlighted that through its “Solari” projects, more than 7,000 solar power plants have been installed across Montenegro, with a total installed capacity exceeding 70 megawatts (MW).

“Of these, more than 300 installations have been completed on company premises, while the remaining installations were carried out on residential properties, significantly contributing to energy efficiency and financial savings on electricity bills for users,” the company concluded.

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