Restart Energy’s European expansion is well underway, as has been shown by our recent entry into the Serbian energy market, as well as us registering in several countries including the UK and Singapore. Restart Energy has even prepared further expansion by entering partnerships and creating inroads into the Hungarian energy market.

With so much potential shown by our RED Franchise business model, it comes as no surprise that we are immersed in constant progress throughout the European energy market and we were pleasantly surprised by the acquisition of a type B franchise by one of our own fans, Mister Jorge Marcos.

Restart Energy CEO Armand Doru Dumuța (left) & Mr. Jorge Marcos (right), during their first meeting in Budapest

Besides being a loyal supporter and a frequent telegram writer, Mister Marcos is also a successful entrepreneur and businessman who has managed more than 15 companies in his career spanning 43 years and going strong. He has recently acquired one of our type B franchises, that will be established in Andalusia, Spain. By becoming the owner of a regional franchise, he is entitled to our unique business model, which includes full assistance and support, as well as technical training — something Mr. Marcos referred to as “professional work that has been intense and fruitful” — after his three-day training visit to the Restart Energy headquarters last week.

Andalusia is a most welcome opportunity for expansion considering that the market is currently flourishing, with 164 million EUR being invested into 38 renewable energy plants and energy efficiency improvements.

Andalusia is one of the leading European regions in terms of photovoltaic-generated electricity and due to its location in one of the areas with the highest concentrations of sunlight, Andalusia was one of the early adopters of solar energy, and has at one time held the highest installed concentrated solar power (CSP) capacity in the world.

Just as Restart Energy is in constant expansion, so is the Andalusian energy market, having installed 7,895 MW of renewable energy capacity at the end of 2017, with wind power being the number one green energy source in the region, registering 3,338 MW, followed by biomass (1,995 MW), concentrated solar power (997.4MW), photovoltaic (889.5 MW) and hydropower (620 MW). This substantial amount of renewable energy can adequately accommodate more than 1.44 million homes and do away with 3.6 million tonnes of carbon dioxide discharges annually.

Further advancement in the Andalusian energy sector involves a 4-year program designed for sustainable energy development, consisting of a 227 million EUR plan, budgeted as follows:

36 Million EUR allocated for sustainable SMEs, which will have advanced benefits such as the implementation of energy management systems (EMS), that will lead to energy processing optimization as well as enhanced performance of the energy generation and transmission system.

164 million EUR allocated for sustainable construction, which will include energy rehabilitations in buildings, sustainable building projects and overall energy improvements for installed equipment.

27 million EUR allocated for Smart grids — a modern electrical grid that uses digital information and communications technology, which ensures power system reliability and enables the efficient use of renewable energies through artificial intelligence.

This long-lasting program is scheduled to come to fruition in 2020 and will rejuvenate the Spanish energy market — Andalusia in particular.

With all of the improvements that are being made in the region’s energy sector, it seems we have selected the optimal time for market penetration. We are most pleased to work with one of our biggest supporters and are confident that our combined experience and expertise will serve us well in our future endeavors.

Mr. Marcos (middle left), training in Timișoara, at Restart Energy HQ

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.