Restart Energy completes a photovoltaic project for Teleferic Cindrel
The project brings energy cost savings of around €100 000 per year and over €2.5 million over the lifetime of the system.
The project brings energy cost savings of around €100 000 per year and over €2.5 million over the lifetime of the system.
Restart Energy has so far completed more than 150 PV projects and installed more than 50 MW with the capacity to produce 20.54 GWh and avoiding 13 411 tons of CO2 emissions.
Restart Energy has so far completed more than 150 PV projects and installed more than 50 MW with the capacity to produce 20.54 GWh and avoiding 13 411 tons of CO2 emissions.
The project brings energy cost savings of more than €200 000 per year, and CO2 emissions will be reduced by 351 tons per year and radioactive waste by about 3.3 kg per year.
Restart Energy has completed more than 150 PV projects and more than 50 MW installed with the capacity to produce 20.54 GWh and avoid 13,411 tons of CO2 emissions.
This is the company's second bond issuance after the one in 2021 when the company raised RON 164 million from investors.
The agreement represents another important step in the development of a photovoltaic park with an installed capacity of 500 MW to be located in Șimand, Arad County.
Restart Energy has so far completed more than 120 PV projects and more than 50 MW installed with the help of which 13,209 kg of CO2 emissions have been avoided.
Restart Energy has so far completed more than 120 PV projects, which have the capacity to produce 20.54 GW and with the help of which 13,209 kg of CO2 emissions have been avoided.
The Romanian government has approved a new state aid scheme with a total budget of RON 578 million (up to €150 million) to assist large energy consumers in Romania.
Romania's unemployment rate at the end of February 2025 was 3.37%, a decrease of 0.01 percentage points compared to the previous month.
Electrica saw a net profit of RON 376.5 million (€75.5 million) in 2024, down 39.3% compared to 2023, while its operating revenues totaled RON 10.87 billion (€2.1 billion).
Romania's Ministry of Finance successfully raised RON 75 million (€15 million) from commercial banks on Friday.
Distribuție Energie Oltenia (DEO), the electricity distribution company part of Evryo Group, has signed a large scale syndicated loan.