Crete-based supermarket chain Halkiadakis is expanding its renewable energy investment with a new 915 kW photovoltaic project designed to generate around 1.525 million kWh of clean electricity each year.
The project, reported by CretaLive, is being implemented by AENAOS Energy Systems through an Energy Community using Virtual Net Billing, allowing the photovoltaic installation’s output to offset consumption across multiple Halkiadakis facilities.
The company does not have to consume electricity at the exact location where the solar panels produce it. Through Virtual Net Billing, the generated energy can offset electricity consumption at different company facilities, regardless of location.
1.525 Million kWh of Solar Electricity
The new photovoltaic installation has an installed capacity of 915 kW and is expected to produce approximately 1,525,000 kWh of clean electricity annually.
That gives Halkiadakis another tool for dealing with one of the less glamorous realities of running large supermarkets: electricity consumption.
Refrigeration, freezers, lighting, air conditioning and other equipment keep supermarkets operating around the clock, making energy costs a significant part of the business.
The new investment aims to reduce energy expenditure and make the company less exposed to fluctuations in electricity-market prices.
From Solar Panels to Energy Security
Halkiadakis says the project forms part of its broader energy transformation strategy, with renewable generation and self-consumption becoming increasingly important to the company’s long-term operations.
The partnership with AENAOS Energy Systems is also continuing, with the energy company selected again to implement another major self-consumption project for the supermarket chain.
AENAOS describes the project as another example of its work with large businesses on Net Billing, Virtual Net Billing and energy-storage solutions.
Why This Matters Beyond the Supermarket
This offers a practical lesson for businesses across Crete. Solar power is no longer simply about putting panels on the roof and hoping the electricity bill looks nicer at the end of the month. Systems such as Virtual Net Billing allow companies with multiple facilities to manage renewable energy production more flexibly.
For a supermarket chain, that can translate into lower operating costs, greater energy security and less exposure to unpredictable electricity prices.
And there is an environmental benefit too: producing around 1.5 million kWh of electricity from a renewable source every year means a substantial amount of the company’s electricity demand can be covered by clean generation rather than conventional power.
