Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Restart Energy completed two photovoltaic projects for Com...

Restart Energy completed two photovoltaic projects for Com Divers company, worth over 300,000 euros

May 27, 2024

Restart Energy has completed the construction and installation of two photovoltaic projects for Com Divers company, worth over €300,000. The beneficiary's investment will pay for itself in approximately 3 years.

The rooftop projects have a combined power of 416 kWp and were installed on the roof of two industrial warehouses belonging to the beneficiary, located in Pitești, Argeș county, and Budești commune, Valcea county.

The two photovoltaic plants consist of 928 panels covering a total area of 3,200 square meters. The panels will produce a total of 416 MWh of energy per year, which is about 60% of the company's energy needs.

The solar panels reduce the amount of CO2 emitted into the atmosphere by about 160 tonnes per year and radioactive waste by 1.4 kg per year.

Carbon emission reductions through the implementation of solar energy projects will be monitored through the RED platform, implemented in 2021, a marketplace dedicated to carbon footprint calculation, carbon emission reduction through sustainability projects or carbon footprint offsetting. Green attributes, both those obtained for individual sustainable actions and carbon credits, can be sold internally through the RED platform marketplaces, through a technologized, transparent, and secure process dedicated to reducing carbon emissions and improving ESG policies.

„Photovoltaic panels ensure decentralization. The operational and financial benefits are obvious, and on the other hand, we contribute to protecting the environment by reducing greenhouse gas emissions and carbon footprint”, says Daniel Lazăr, Com Divers Administrator.

„Easy and plentiful access to cheap, renewable sources of energy of our own is essential to sustain a modern industry. Sustainable, green, solar energy, whether rooftop or ground-mounted, offers the customer cost predictability and energy savings in their processes of around 50%. Solar energy projects implemented by Restart Energy to date, through the Solar Division, have produced approximately 20.54 Gwh of green energy, and by 2024 our goal is to double that amount”, says Armand Domuța, CEO & Founder Restart Energy.

Restart Energy provided the entire energy efficiency project for the beneficiary company, from consulting and design to implementation.

In January 2021, Restart Energy signed a partnership with the American fund Interlink Capital Strategies of Washington DC to finance the development of 500 MW of renewable projects in Romania by 2025, in order to supply 100% locally produced green energy to all end customers.

In February 2021, Restart Energy successfully launched the first convertible green bond issue in Romania to be listed on the Bucharest Stock Exchange with the code REO26.

The information provided by KomuniK

Read in full - click here
President holds talks with Romania’s parliamentary parties on nominating PM

President Klaus Iohannis is to hold consultations with the parliamentary parties on nominating a candidate for the prime minister job on Sunday, December 22, the Presidential Administration announced. The president, whose mandate has been extended after the

Experience unforgettable entertainment this New Year’s Eve at JW Marriott Bucharest Grand Hotel

Step into 2025 with music, excitement, and unforgettable performances! New Year’s Eve at JW Marriott Bucharest Grand Hotel is not just a celebration – it’s a grand spectacle where world-class entertainment, live music, and vibrant energy come together for a night to remember. This year, we’ve curated a sensational lineup of artists and performers to […]

Ceremonies marking 35 years since Romanian Revolution bring traffic restrictions in Bucharest

The Bucharest Police recently announced that the city will host several commemorative ceremonies marking 35 years since the Romanian Revolution of December 1989, causing traffic restrictions around the city. The restrictions will be in place from Friday to Sunday, December 20-22, 2024.  On Friday, December 20, at around 10:00 AM, a religious/military ceremony with wreath-laying […]

Romanian General Prosecutor seeks harsher punishments for incitement to violence, Legionnaire propaganda

Alex Florența, the General Prosecutor of Romania, said on Friday, December 20, that harsher punishments are needed to combat incitement to violence and Legionnaire propaganda (related to Mișcarea Legionară, a Romanian interwar fascist movement) in public spaces effectively. To that end, the office of the General Prosecutor will propose new measures to combat such phenomena. However, […]

Flight Festival: Timișoara event announces first names in 2025 lineup

Dennis Lloyd, Inna, Damian & Brothers, and Killa Fonic are among the artists who will perform at Flight Festival 2025. The festival is scheduled to take place between June 20 and June 22 at Timișoara’s Banat Village Museum. For three days, the venue “will open its doors for an experience that combines music, nature, and […]

Majority of Romanians believe economic situation will worsen, EY survey shows

Around 67% of Romanians believe that the economic situation will worsen, 7% higher than the previous year, according to the EY Consumer Index Romania 2024. Findings suggest a challenging start of 2025 both economically and politically in Romania. Additionally, in 2024, more than half of respondents (59%) were extremely concerned about conflicts and external wars. […]