Situated atop Romtextil S.A.'s production facility in Constanta, the rooftop project boasts a total output of 807 kWp. A total of 1,404 panels now adorn an area spanning 6,480 square meters, anticipated to yield 888 MWh of energy annually. This output translates to fulfilling roughly 12% of the company's energy requirements.
By harnessing solar power, this installation is set to curtail CO2 emissions by approximately 293 tonnes per annum and diminish radioactive waste disposal by about 2.66 kg annually. Monitoring the reduction of carbon emissions is facilitated through the RED platform, established in 2021, which is dedicated to carbon footprint calculation, mitigation via sustainable initiatives, and offsetting carbon footprints.
Aurica Cojocaru, Administrator of Romtextil, underscores the significance of transitioning to affordable green energy derived from natural sources. She highlights the substantial cost savings and enhanced stability brought about by photovoltaic panels, particularly within an uncertain economic landscape.
Armand Domuța, CEO & Founder of Restart Energy, emphasizes the critical role of accessible, cost-effective, and renewable energy sources in bolstering the growth of local SMEs and larger enterprises alike. He underscores the company's commitment to providing comprehensive energy solutions across Solar, Cogeneration, Supply, and Distribution divisions, alongside tailored financing options aimed at optimizing costs and fostering self-sufficiency.
Restart Energy spearheaded the entire energy efficiency project for Romtextil, encompassing consultation, design, and implementation. Furthermore, in January 2021, Restart Energy entered a partnership with Interlink Capital Strategies to finance the development of 500 MW of renewable projects in Romania by 2025, ensuring the provision of locally sourced green energy to all consumers.
In a pioneering move, Restart Energy launched Romania's first convertible green bond issue in February 2021, subsequently listed on the Bucharest Stock Exchange under the code REO26.
Founded in 2015 by Armand Domuța and Renato Doicaru, Restart Energy has emerged as a leading energy company with Romanian-American capital. Boasting over 15 years of collective management expertise, the company now oversees a portfolio comprising more than 120 renewable solar energy projects. Through its executed EPC projects, Restart Energy offers partners stability, predictability, and seamless energy access, playing a pivotal role in helping businesses optimize costs and enhance profitability through sustainable green energy initiatives.
