At the beginning of March 2024, TTTech started operating a photovoltaic system on the roof of its headquarters in Vienna's 4th district. The system’s 166 solar panels on 320 m2 produce electricity for the company's own consumption and the surplus will be fed into the Viennese power grid.
"For us, the twin transition, i.e. the sustainable and digitalized transformation of our energy system, is an important topic. This involves a new kind of energy industry that is based on renewable energy sources and uses digital technologies to guarantee efficiency and stability in the system," says Georg Kopetz, CEO and co-founder of TTTech.
The investment in solar power for the location in Vienna, but also the switch to green electricity at the company's other locations, are important steps in reducing the CO2 footprint. With the new photovoltaic system, CO2 emissions can be reduced by 33 tons each year. The plan is to not only cover the company’s own consumption, but to also feed green energy into the power grid.
Renewable energy is an important part of the energy transition. Austria already uses a lot of hydropower, but in order to achieve the energy targets, electricity generation from renewable energy sources, including solar power, must also be expanded. The Federal Association Photovoltaic Austria forecasts strong growth in the coming years, with solar power reaching a 20% share in Austria's energy grid by 2030.
Sustainability at TTTech
Investing in sustainable energy production is one of the initiatives TTTech has undertaken to reduce its own CO2 footprint. Two locations are already supplied with 100% green electricity, with more to follow. In addition, TTTech also wants to support the energy transition with its technology.
For example, the company is a long-standing partner of Vestas, one of the largest wind turbine manufacturers in the world. The company's reliable control solutions are already used in more than 10,000 wind turbines. However, the topics of smart energy distribution and decentralized energy management are also becoming increasingly important – especially when using renewable energy.
"At our location in Finland, we are working on the digitalization of substations, which play an important role in energy transmission. Renewable energy comes from volatile energy sources. Therefore, energy producers need digital solutions that connect energy consumption and production facilities at regional and local level, thus contributing to balancing in the power grids. This is an area we want to contribute to even more with our solutions in the future," says Georg Kopetz.