Alina Oprea • 20 June, 2023 at 1:00 PM
Restart Energy announced the completion of the implementation of a photovoltaic panel system worth €160,000 for the Geneza Comimpex company. The project consisted of the installation of 428 panels at the Geneza Supermarket in Târgu-Neamț, Neamț county, on an area of 1,200 sqm, with a power of 194.4 kWp. The investment is to be amortized in less than 5 years. The solar energy produced will cover approximately 80% of the company's consumption.
In the next 25 years, the solar panels will produce 4,750 MWh, meaning a reduction in energy costs of €950,000. In this interval, the implementation of the photovoltaic panel system will allow Geneza Comimpex to reduce its CO2 emissions by approximately 1,500 tons and radioactive waste by approximately 15 kg.
"The benefits of implementing this project are particularly important for us, both in terms of cost reduction, but also in terms of environmental impact, an aspect we pay attention to in our activity. The good collaboration we had with Restart Energy in this project makes us confident that we will continue to invest in this direction", says Bogdan Agafiței, administrator of Geneza Comimpex.
Geneza Comimpex has over 30 years of activity in the non-specialized wholesale trade of food, beverages, and cigarettes. The company currently has 75 employees and ended 2022 with a turnover of RON33.4 million (€6.68 million). The company was founded in 1993 and is part of a group of companies with 100% Romanian capital.
"Restart Energy aims to help reduce its customers' carbon footprint by offering concrete, turnkey solutions to reduce polluting emissions. At the same time, photovoltaic systems are an effective solution for reducing operational costs, over a long period of time, with minimal maintenance expenses", 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 by 2025, with a view to providing 100% green energy produced locally to all end customers.
In February 2021, Restart Energy launched the first issue of convertible green bonds in Romania that were listed on the Bucharest Stock Exchange, with the code REO26.