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Romanian company Restart Energy completes construction of photovoltaic power plant for Nobilia Class | Romanian investment news

The photovoltaic power plant, worth more than 107,000 euros ($115,111), covers an area of ​​1,600 square meters, Restart Energy said in a social media post. The photovoltaic panels were installed on the ground and on the roofs of Nobilii buildings in the eastern commune of Cotesti in Vrancea County.

The installation will generate 205 MWh of green energy per year, which will reduce Nobilia’s electricity costs by more than 49,000 euros per year. The solar park will also reduce CO2 emissions by 64 tons per year.

Founded in 2015, Restart Energy is part of the Armand renewable energy group, founded by Armand Domuta. In 2023, Restart Energy’s net profit fell 77% to 5 million lei (1.1 million USD/1 million EUR).