UFB attends the opening of the first hybrid solar power plant in Europe

  • The hybrid solar power plant allows the use of alternative energy to improve their production
  • The inauguration was attended by the CEO of UFB and the director of UFB I+D+i Finance

The international financial consultant UFB attended the inauguration of the first hybrid solar plant in Europe, promoted by the company AORA Solar, which UFB agreed acquisition of a solar module of its kind in Arizona, United States, with its investment fund, EME Luxembourg.

The inauguration was attended by over 150 guests related to financial and energy sectors, among which were the CEO of UFB and the director of UFB I+D+i Finance.

The innovative AORA Solar power generation is designed so that it requires less acreage and less water, while generating more electricity and useful thermal energy that other solar systems. In this way the hybrid system allows for operation only by solar radiation, and a hybrid mode with any type of alternative fuel as biogas, biodiesel and natural gas.