FAQs

Because the incentive is some 20 €/MWh higher compared to that of bigger plants and because the land footprint is smaller and more acceptable

Because there is a lower risk of zero energy prices and hence the investment return is higher

Elumina sells building rights and incentives contracts of ready to build plants that are highly bankable

Average IRR is in the range of 13 - 16% un-levered

75 - 80%

To couple energy returns with farming ones; Elumina proposes "snail farming" combined with energy production; heliciculture does not required excessive modules height - so the plant is not expensive - and does not require special farming skills; snails are farmed for their slime that is sold to the cosmetic industry

It means (E) electricity from (Lumina) light; it also includes the focus on small plants (Lumina)