Bucharest, Timisoara, 10 November 2022: Restart Energy, one of the largest independent electricity suppliers on the local market, announces the signing of a contract worth 385,000 euros with the Cuiul company, for the installation of photovoltaic photogenerators with a power of 570 kWp.
The new project involves the installation of 1,253 photovoltaic panels, on an area of 5,000 square meters, on the roof of the Cuiul production unit in Târgu Neamț, Neamț county.
The photovoltaic generator will produce 14,425 MWh in 25 years, allowing a reduction in electricity costs of over 2.2 million euros. The investment will pay off in less than 4 years.
The solar project covers approximately 33% of the company’s energy needs and results in a reduction in carbon footprint by 171 tons and radioactive waste by 1.7 kg per year.
«Solar projects have become interesting for many Romanian companies and we expect this market segment to continue to grow. Basically, with an investment that pays for itself quickly, energy costs drop significantly and we can all enjoy a cleaner environment. The photovoltaic systems are modular and the sizing is carried out based on the needs of each customer, the location, the orientation of the roof or the degree of shading» Say Armand Domuta, General Manager of Restart Energy.
«We are a family-run business that has grown a lot over the years, and this is because we have always had healthy values. We made the transition to green energy because we think about the future and the future of our children. In addition to financial arguments, we took into account the beneficial effects of green energy on the environment», SayMihai Cojocariu, Administrator.
In January 2021 Restart Energy signed a partnership with US fund Interlink Capital Strategies in Washington DC to finance the development of 500 MW of projects

renewables in Romania until 2025, to provide all end customers with 100% locally produced green energy.
In February 2021, Restart Energy successfully launched the first convertible green bond issue in Romania listed on the Bucharest Stock Exchange, under the code REO26.
In September 2021, after 4 years of development, Restart Energy launched another globally unique project, a platform based on its own technology for blockchain certification of both carbon footprint and carbon dioxide avoided from being removed into the atmosphere, as well as for direct exchange between participants of environmental attributes and renewable energy, www.redplatform.com.
Every time someone plants a tree, cleans a beach, consumes green energy or takes any action to protect the environment, they can record this action on the RED platform. After the data is validated in the platform, the equivalent CO2 footprint is calculated and tokenized carbon credits are issued which can be used to purchase green energy or obtain the cash equivalent. At the same time, a company can obtain carbon credits in the form of green tokens for its customers, through unique QR codes printed on products or purchase receipts.
Depre Restart Energy
Restart Energy is an independent electricity supplier, with mixed Romanian-American capital, founded in 2015 in Timișoara. Restart Energy has over 40,000 individual customers and approximately 5,000 corporate customers. The company operates in Romania and Serbia.
Nail information
The company has been producing nails, wires and wire products since 1991 according to the highest quality standards. Founded as a family business over 30 years ago, SC Cuiul SRL has today become one of the most important local producers in the sector. The company has over 100 employees and at the end of 2021 recorded a turnover of 66,724,283 lei.
Conclusion
Large-scale commercial solar projects demonstrate how renewable energy has become a practical and financially rewarding investment for modern businesses. As photovoltaic technology continues to improve, companies across a wide range of industries are recognizing that generating their own electricity is not only an environmentally responsible decision but also a highly effective strategy for reducing operating costs and strengthening long-term competitiveness. Investments in commercial solar installations show that sustainability and profitability can successfully go hand in hand.
One of the most compelling advantages of industrial photovoltaic systems is their ability to deliver substantial financial savings over many years. By producing a significant portion of their electricity on-site, businesses reduce their dependence on conventional energy suppliers and protect themselves against future increases in electricity prices. Short payback periods, combined with decades of reliable energy production, make solar installations an attractive long-term investment that continues generating value long after the initial costs have been recovered.
Large rooftop solar systems also allow companies to make efficient use of existing infrastructure. Instead of occupying additional land, unused roof space can be transformed into productive energy assets that generate clean electricity throughout the year. This approach maximizes available resources while minimizing environmental impact and avoiding conflicts with other land uses. As more businesses adopt rooftop photovoltaic systems, commercial buildings become active contributors to the renewable energy transition.
Beyond economic performance, commercial solar projects produce measurable environmental benefits. Every unit of electricity generated from sunlight reduces the demand for fossil fuel-based power generation, lowering greenhouse gas emissions and helping improve air quality. Reduced carbon emissions support corporate sustainability objectives while demonstrating environmental responsibility to customers, investors, and business partners. These benefits strengthen corporate reputation and contribute to broader climate protection efforts.
Modern photovoltaic systems also provide greater energy resilience. Producing electricity directly at the point of consumption reduces exposure to fluctuations in wholesale electricity markets and helps businesses better manage their long-term energy budgets. When combined with energy storage and intelligent monitoring technologies, solar installations further improve operational efficiency and enhance the reliability of power supply for industrial operations.
Ultimately, commercial photovoltaic investments represent far more than a way to reduce electricity expenses. They are strategic projects that combine financial returns, operational efficiency, environmental responsibility, and long-term energy security. As renewable energy technologies continue to advance and businesses increasingly prioritize sustainability, large-scale solar installations will remain a key driver of economic growth and environmental progress. Investing in clean energy today enables companies to build a stronger, more competitive, and more sustainable future while creating lasting value for both their organizations and the communities they serve.
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