Restart Energy is to invest around 30 million dollars in developing a 45 MW solar project in Sărmășag village, Sălaj county.
The purchased project is in the ”ready to build” phase, and the money will be invested in construction works. The company estimates that the park will start to function in Q1 2022.
This 45 MW project is the company’s first step in developing and integrating its upstream segment with 500 MW renewable energy projects by the end of 2025.
Restart Energy aims to buy or develop 100 MW projects in each of the next five years.
The Sărmășag park will have an annual energy production of 55 million kWh – enough to supply about 30,000 households with green energy.