Ever since its inception in 2015, Restart Energy has been growing at an ever-increasing rate, so much so that within the first 2 years, we have achieved a 1700% increase in revenues. This surpassed all competitors and led to Restart Energy becoming the fastest growing private energy supplier in the EU deregulated market. At home, we were recognized with the ‘Exponential Growth Award’ from the Renewable Energy Cluster ROSENC.

Recently, we have signed an energy acquisitions contract with the most recognizable household name on the Romanian energy market, having achieved 1st place in the top 100 most valuable Romanian companies, 2 years in a row, as well as being Romania’s leader in energy production and a pure-hydro, renewable energy producer at that — Hidroelectrica SA.

Their main focus is to generate and distribute electrical energy through the use of hydro-powered assets. Hidroelectrica’s 210 power plants and pumping stations have an installed capacity of 6,382 MW and in an average hydrological year, can produce over 17 TWh of electricity. In order to provide a broader view, this is the equivalent of approximately 30% of Romania’s energy production output. A 2,634 MW inflation of the company’s power-plants is projected, due to substantial investments from both public and government sources, with hopes of attaining an annual energy output of 6.489 GW in the near future.

Most Romanians and global energy experts will recognize Hidroelectrica as the company that operates one of the largest hydropower plants in Europe, the Iron Gate I Hydroelectric Power Station (“Porțile de Fier I”), which is the largest dam on the Danube river — one of the largest rivers in the world — the dam being situated on the Iron Gate Gorge between Romania and Serbia.

Future projects for the electricity giant include expanding across Romania’s borders, purchasing or developing renewable energy power-stations, wind farms, or photovoltaic parks — CEO Bogdan Badea believes this to be the optimal method of ensuring the company’s growth outside the national borders. Restart Energy is familiar with rapid expansion strategies and shares Hidroelectrica’s vision of providing renewable energy as an alternative for consumers worldwide.

We are looking forward to supplying ever more clean energy for consumers everywhere and our contract with Hidroelectrica will further the realization of our vision of a vibrant, sustainable world.

About Restart Energy

Restart Energy Democracy (RED) is a blockchain-powered platform, backed by Restart Energy — a European energy provider with 20 million USD in revenues. The company was built with a vision to democratize the energy sector and quash the dominance of legacy monopolies in the energy world. The company’s credentials include a customer base of 27,000 household and 3,000 corporate clients, expanding at more than 2,000 clients per month (5,000 new customers in the first two months of 2018), and its impressive growth: 1700% from 2015 until today.

Restart Energy is developing the world’s first peer-to-peer, fully decentralized energy transfer platform allowing users to send and receive energy worldwide, based on its proprietary virtual balancing system, that uses A.I., Big Data, and IoT technologies. The RED ecosystem is comprised of the RED-Platform, RED-Franchise and RED-MWAT Tokens.

The RED-Franchise is the first power retail franchise to simplify and allow any company or entrepreneur to operate their own power utility enterprise, enabling them to start selling energy in more than 35 deregulated energy markets globally.

MWAT tokens are crypto-tokens that enable the buying and selling of up to 1 MWh of electricity per month on the RED-Platform Software and will facilitate the development of affordable clean energy, through free-market practices. Upon completion of registration on the platform, an initial loyalty bonus of 0.11 kWh is applied. Producers send out monthly loyalty bonuses through the RED Loyalty System, totaling 1–5% of traded on-grid energy in exchange for access to the RED Platform.

Importantly, it should be noted that potential franchise partners will need to own (this is not a form of payment to us) a certain number of MWAT tokens, in order to qualify for our various franchise tiers — the secret to our award-winning growth as a business!

For more information, please visit our website, our Telegram, and read the Restart Energy whitepaper. Join our announcement channel for updates regarding Restart Energy Democracy.