Programme: Recovery and Resilience Plan

Sima Ltd. has two representative offices in Varna and Sofia. The subject of activity is retail trade in bathroom furniture. We offer a wide selection of over 10,000 bathroom products. Our business is housed in two extensive buildings - showrooms.
The global spread of the COVID-19 pandemic has disrupted the functioning of almost all economic activities both globally and nationally. During this period and to date, due to the significant increase in the price of electricity and natural gas, we pay higher energy bills, which negatively affects the development of our company.
We are planning to build 2 photovoltaic systems for our own consumption, combined with local energy storage facilities, to power our two buildings. Each will have a capacity of 50kW of operational power for energy from renewable sources, and 50kW of capacity for installed storage facilities. In total, the two CHPPs for own consumption will have a total installed capacity of 100kW.
Given our consumption, we expect:
- The payback period for our investment should be less than 8 years.
- To reduce our dependence on local ERD and unpredictable high energy prices by achieving predictability and balance in costs. Our building electricity costs are basically a monthly fee because the showrooms have a large exhibition area, they are always air-conditioned and we are open 362 days a year. Costs have a direct impact on our competitiveness.
- To contribute to environmental protection by reducing our carbon footprint: we expect to reduce by around 50 t/year. CO2 emissions.
- To replace non-renewable energy used by us in a volume of about 3,200,000 kW for the expected period of operation of the HPP, with energy from renewable sources.