Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Restart Energy has implemented two photovoltaic panel systems...

Restart Energy has implemented two photovoltaic panel systems for the company Moldova Farming, worth a total of about 300,000 euros

November 20, 2023

Restart Energy, a leading company in energy transition services, has completed the construction and installation of two photovoltaic power generation systems for Moldova Farming SRL, with a total investment of approximately 300.000 euros.

 

The projects have a combined capacity of 403.2 kWp and were installed on two buildings belonging to the beneficiary, located in Berești-Bistrița, Bacău County, and Tișița, Vrancea County.

 

The systems comprise 896 photovoltaic modules, which provide approximately 50% of the company's energy consumption for each of the two buildings.

 

"We are pleased to have been able to develop these projects in partnership with Restart Energy because they streamline the costs associated with production. Moreover, the ethical component is not to be neglected at all, I think we should all be much more attentive to the amount of CO2 emissions we generate, for the sake of future generations" says Cătălin Daniel Grigoriu, Administrator Moldova Farming SRL.

 

"Investing in photovoltaic panels provides a much higher yield than conventional energy sources, which is a strong argument for any manager who is aware of the realities of the moment. The initial investment pays for itself in just 3-4 years and maintenance costs are minimal", says Armand Domuța, General Manager Restart Energy.

 

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

 

Restart Energy's portfolio of photovoltaic systems currently comprises 150 completed projects, with a total value of more than €25 million.

 

 

 

 

 

 

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.

 

In September 2021, after 4 years of development, Restart Energy launched another globally unique project, a platform based on proprietary technology for blockchain certification of both carbon footprint and carbon dioxide avoided to be released into the atmosphere, as well as direct trading between participants of environmental and renewable energy attributes, www.redplatform.com.

 

Every time someone plants a tree, cleans a beach, consumes green energy or takes any other action to protect the environment, they can register this action on the RED platform. Once the data is validated in the platform, the CO2 equivalent footprint is calculated and tokenised carbon credits are issued that can be used to buy green energy or get the equivalent in cash. At the same time, a company can obtain carbon credits in the form of green tokens for their customers through unique QR codes printed on products or purchase receipts.

 

The information provided by KomuniK

Read in full - click here
Cirque du Soleil to bring "Ovo" show to Cluj-Napoca in April 2026

The famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca.  So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]

Energy group Electrica to list largest green corporate bond issuance in Romania

The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]

Wizz Air expands in Bucharest with new routes, additional aircraft at Băneasa Airport

Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport.  At the same time, six new routes will […]

Inflation in Romania reaches 5.7% in June, up from 5.45% the month before

The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]

Taxi driver fined, barred from Bucharest airport after refusing passenger pickup

A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...

Southern Romania: New bridge over Buzău River opens for traffic

Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]