Distributed generation technologies will help avoid business downtime during power outages – V.Terno
The right combination of distributed generation technologies allows Ukrainian companies to protect themselves from possible "downtime" during power outages and can help increase revenues by selling surplus generated energy to the network, told head of corporate sales development dept (mid) of OTP BANK JSC Valerii Terno in a column for Interfax-Ukraine.
"Projects using solar plants, located both on roofs and on the ground, make it possible to produce "free" energy that does not require fossil fuels. Together with the stations, it is worth installing storage systems, because such a tandem makes it possible to significantly extend the time of energy use and use it even in the evening periods, when the level of generation naturally decreases," - V. Terno noted.
He added, that energy storage systems can be useful separately from other technologies. In particular, by automating and storing energy during the period of the cheaper "night tariff", as well as use during peak periods or during planned shutdowns. To ensure energy independence, it is also worth considering the possibility of using gas piston and gas turbine stations, biogas plants, stations that use wind energy, as well as diesel generators, which are common to all.
Considering the situation in the field of energy, OTP BANK has set itself the goal of stimulating the development of the market of energy-independent solutions. The financial institution offers special financing conditions for projects to strengthen the energy independence of Ukrainian business, providing favorable conditions and quick decision-making. The Bank has developed specialized programs for quick decision-making regarding the financing of energy projects (preliminary decision in 3 working days) with a minimum down payment (from 20% of the project cost and from 0% - if there is an alternative collateral) for a period of up to 5 years. Close cooperation with equipment suppliers within the framework of partner programs enables borrowers to receive individual conditions and comprehensive solutions from technical issues to lending projects of any complexity.
Joint financing programs with international partners, in particular, with the European Bank for Reconstruction and Development (EBRD), allow entrepreneurs to receive an additional advantage in the form of cashback of up to 15% of the project cost. There is a possibility of financing within the state program "Affordable loans 5-7-9%", and if the company does not fall under the criteria of the program, the bank offers special conditions at a preferential rate of 13.5% within the framework of the implementation of the Memorandum on lending projects for the restoration of energy infrastructure.
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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.
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