nextE to expand on the Romanian renewable energy market with the Energy as a Service approach

With private capital and based in Europe, nextE – a renewable energy company operating as an Independent Power Producer (IPP) – announces its investment and development plans for Romania that confirm its vision of energy as a service – Energy as a Service (EaaS).

The EaaS (Energy as a Service) implementation option involves the production of electricity in a photovoltaic plant built, financed, owned, and used by nextE, at the customer’s consumption locations or in locations external to the customer’s consumption locations. This business model ensures the maximum consumption benefit of customers from renewable sources, at the best electricity production cost.

In this development model, nextE customers, industrial and commercial consumers, have access to renewable energy from generation capacities from solar photovoltaic sources with zero investment cost, without performance risks and operational risks, on-site and off-site, with innovative, long-term contractual structures.

“In these two years since its establishment, nextE has validated its business model, accumulating expertise and its own teams for the large-scale implementation of solar energy infrastructure, from development, construction and commissioning to technical and commercial exploitation of RES sources (Renewable Energy Sources). The innovative business model, state-of-the-art technologies and dedicated organizational configuration are designed specifically to ensure business customers with sustainable energy supply at predictable costs, a critical factor in the long-term strategic planning of their businesses,” said Daniel Husaru, Co -Founder & Co-CEO Energy Markets, nextE.

The company recorded revenues of over 8 million RON and capital investments from its own sources of over 20 million RON in 2022, and for the year 2023 it estimates a tripling of revenues.

In 2023, nextE will commission 22.3 MWp and has another 64.3 MWp of renewable energy capacity under implementation.

The generated electricity production is delivered to the final customer, ensuring companies not only energy independence and long-term stability, but above all the reduction of the cost of electricity, and finally the reduction of the CO2 footprint.

nextE’s clients are on the one hand the companies that have a sustainable development strategy and develop a partnership with nextE, to have electricity consumption from renewable sources, with zero investment cost, without performance risks and operational risks, and on the on the other hand, other renewable energy producers who want to get the maximum benefits from their investment, through a long-term partnership with nextE. At the same time, through the EPC and AM divisions, nextE offers complete services, from infrastructure to technical and commercial operation.