Green Forum • 4 July, 2024 at 9:00 AM
Restart Energy announced the completion of a 160 kW photovoltaic (PV) installation for guest house operator Nobilia Class in Romania.
Valued at over €107,000, the solar PV plant covers an area of 1,600 square meters, according to a social media post by Restart Energy. The PV panels are installed both on the ground and on the rooftops of Nobilia's buildings in the eastern commune of Cotesti, Vrancea County.
The installation is expected to generate 205 MWh of green energy annually, which will reduce Nobilia's electricity costs by over €49,000 per year. Additionally, the solar park will decrease CO2 emissions by 64 tonnes annually.
Established in 2015, Restart Energy is part of the renewable energy group Armand, founded by Armand Domuta. In 2023, Restart Energy's net profit dropped by 77% to €1 million.