Alina Oprea • 24 April, 2023 at 5:35 PM
Restart Energy announces the completion of the implementation of a new system of photovoltaic panels, worth over €630,000 for the company Rekord SRL. The project consists of the installation of 1,776 panels, on an area of 8,000 square meters, with a power of 800 kWp. The solar project installed on the roof of the production unit in Alba County (Alba Iulia) covers approximately 80% of the company's energy consumption. The investment worth more than €630,000 is to be amortized in less than 4 years.
The solar panels will produce 21,250 MWh in 25 years, meaning a reduction in energy costs of over €3.4 million and a reduction in CO2 emissions of 267 tons and radioactive waste of 2.6 kg.
Restart Energy recently signed a new contract with the Rekord company for a new project of photovoltaic panels that will be installed on the roof of the Rekord unit in Teiuș, Alba County. The 654 panels, with a power of 300 kWp, represent an investment of over €200,000 to be amortized in approximately 2 and a half years. The company will thus cover 80% of its own energy consumption.
"We made the decision to produce green energy for our own consumption because it is more advantageous from a financial point of view and because we want to act responsibly in relation to the environment. We are very satisfied with the first project developed together with Restart Energy, with the way our collaboration went and that is why we recently signed a new contract, for a new system of photovoltaic panels, for the production unit in Teiuș", says Fabio Vettoretto, the representative of the Rekord company.
"Photovoltaic systems are a convenient and safe solution. In fact, photovoltaic systems are so competitive that the production cost of solar energy for a new plant that also requires depreciation is twice lower than the production cost of a coal-fired plant already depreciated", says Armand Domuța, General Manager of Restart Energy
In January 2021, Restart Energy signed a partnership with the American fund Interlink Capital Strategies in Washington DC to finance the development of 500 MW of renewable projects in Romania until 2025, with a view to providing 100% green energy produced locally to all end customers.
In February 2021, Restart Energy successfully launched the first issue of convertible green bonds in Romania that were listed on the Bucharest Stock Exchange, with code REO26.
Restart Energy is a company with mixed Romanian-American capital, established in 2015 in Timișoara. In 2022, Restart Energy has developed 60 photovoltaic projects, with an installed capacity of approximately 15 MW, for companies in the industrial, retail, and HoReCa sectors. The company ends 2022 with sales of over €10 million in the photovoltaic installations segment and a turnover of €55 million.
The company Rekord, which specialized in the production of footwear, was founded in 1994, in Alba Iulia, by Alcide Giacometti. The company manufactures footwear for major international brands – trekking boots, hunting boots, motorcycle boots, cross-country skiing footwear, safety footwear, and military footwear. Rekord has over 400 employees and ended 2021 with a turnover of RON47,960,703 (€9.59 million).