Press releases pg. 1

The European Commission has included the lithium mining project at Cínovec and its processing in Prunéřov, Chomutov District, Ústí nad Labem Region, as a strategic project under the Critical Raw Materials Act (CRMA). This step confirms the Czech deposit’s key importance in the pan-European context. Inclusion on the strategic list brings a number of advantages to the Czech lithium project. For example, it may facilitate financing or streamline permitting processes. The project could now receive support from EU financial institutions, but it will also be more attractive to private investors.

In the vast majority of cases, households that purchase photovoltaics or a heat pump actually save money and see a significant reduction in consumption. This was the result of an analysis prepared by ČEZ Prodej using a sample of almost 2,500 customers. According to the data, the biggest potential for savings comes from replacing an old electric boiler with a heat pump – three quarters of customers save more than a fifth of their consumption, and six out of ten more than 40%. For photovoltaics with a battery, a quarter of customers achieved electricity savings of more than 40%. Only one percent of customers did not save money after acquiring the technology, likely due to other increases in household consumption.

The new photovoltaic power plant on the roof of the Prague Congress Centre has begun supplying electricity. With its 2 080 solar panels, this emissions-free electricity source will cover 10% of the annual consumption of the Prague Congress Centre and thus provide estimated annual energy savings of CZK 5.5 million. The plant, as large as a football pitch, is a complement to one of the largest energy-saving projects in the Czech Republic implemented at PCC by ENESA from ČEZ ESCO.

* IC has invested in WINT, an Israeli company focused on water management for sustainability and water-damage prevention

* WINT’s clients include Microsoft, the Empire State Building, or PepsiCo

* Conserving 1 m3 of drinking water saves up to 15 kg of CO2 emissions

* CEZ is successfully reducing drinking water consumption, this being one of its priorities

WINT (Water Intelligence), an Israeli company that focuses on the early detection of water leaks and waste and on efficient water management using artificial intelligence (AI) and Internet of Things (IoT), is the latest addition to the portfolio of CEZ Group’s investment fund Inven Capital. The start-up raised a total of $35 million from investors in the latest round of investment co-led by Inven Capital and Insight Partners, a global software investor. WINT’s smart solutions are also used by world-famous global brands such as Microsoft or PepsiCo. Water conservation is one of CEZ’s sustainable development priorities. They were the first Czech company to join the UN Global Compact CEO Water Mandate.