Energy | 7 November, 2024 at 5:55 PM
Restart Energy completes a photovoltaic project for Teleferic Cindrel
The project brings energy cost savings of around €100 000 per year and over €2.5 million over the lifetime of the system.
The project brings energy cost savings of around €100 000 per year and over €2.5 million over the lifetime of the system.
Restart Energy has so far completed more than 150 PV projects and installed more than 50 MW with the capacity to produce 20.54 GWh and avoiding 13 411 tons of CO2 emissions.
Restart Energy has so far completed more than 150 PV projects and installed more than 50 MW with the capacity to produce 20.54 GWh and avoiding 13 411 tons of CO2 emissions.
The project brings energy cost savings of more than €200 000 per year, and CO2 emissions will be reduced by 351 tons per year and radioactive waste by about 3.3 kg per year.
Restart Energy has completed more than 150 PV projects and more than 50 MW installed with the capacity to produce 20.54 GWh and avoid 13,411 tons of CO2 emissions.
This is the company's second bond issuance after the one in 2021 when the company raised RON 164 million from investors.
The agreement represents another important step in the development of a photovoltaic park with an installed capacity of 500 MW to be located in Șimand, Arad County.
Restart Energy has so far completed more than 120 PV projects and more than 50 MW installed with the help of which 13,209 kg of CO2 emissions have been avoided.
Restart Energy has so far completed more than 120 PV projects, which have the capacity to produce 20.54 GW and with the help of which 13,209 kg of CO2 emissions have been avoided.
DS Smith, the producer of packaging solutions, is investing over €14 million in its Romanian production infrastructure.
Romania recorded the most significant increase in industrial electricity costs across the EU during H2 2025, according to data released by Eurostat.
The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with Vienna Insurance Group (VIG) to acquire approximately 10% of the shares of Carpathia Pensii, a Romanian private pension company.
New car registrations in Romania increased by 2.7% in April compared to the same period in 2025, while electrified vehicles reported a 26% increase and a 68% market share, according to preliminary data from the Association of Car Producers and Importers (APIA).
Romania's trade deficit fell 9.3% to €7.7 billion in the first three months of 2026, down €792.1 million compared to the same period in 2025, according to data published by the National Institute of Statistics (INS).