Restart Energy has finalized a photovoltaic project for Dip&Gip

Restart Energy has completed the construction and installation of a photovoltaic project for Dip&Gip, following an investment of 200,000 euros. The rooftop project has a capacity of 299 kWp and was installed on the roof of a production facility belonging to the beneficiary, located in Brasov.

The photovoltaic plant consists of 545 panels covering a total area of 3,100 square meters. The panels will produce 335 MWh of energy per year, about 35 percent of the company’s energy needs.

The solar panels reduce CO2 emissions released into the atmosphere by about 105 tons per year and radioactive waste by 1 kg per year.

„Photovoltaic panels are a promising solution for cost efficiency and a necessity in the fight against climate change. The current investment will pay for itself in three years and save our company around €80,000 per year”, says Puchianu Ioan Dumitru, Dip&Gip Administrator.

„For 2024, we plan to strengthen the photovoltaic panel segment for customers and to increase the share of green energy in the energy supplied by developing our own photovoltaic parks. In the process, we are facing a number of challenges, such as a volatile market where human resources are difficult to identify and retain and where technological progress is accelerating in terms of the equipment that makes up the system for converting solar energy into electricity”, 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 agreement with the American fund Interlink Capital Strategies from Washington DC to finance the development of 500 MW of renewable projects in Romania until 2025, in order to supply 100 percent green energy produced locally to all end customers.

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

In June 2024, the Restart Energy group signed a connection contract with Transelectrica worth 56 million lei for a 500 MW photovoltaic park, which will supply green energy to more than 200,000 households. The photovoltaic park will produce more than 800,000 MWh per year and will help reduce carbon emissions by about 400,000 tons per year, or 12 million tons of CO2 avoided, over the lifetime of the project, with environmental benefits worth more than $1 billion.

Restart Energy Group’s portfolio of PV projects under development is over 1,000 MWp.