“Our objective is to support companies in Romania and not only in boosting the efficiency of their energy consumption by building photovoltaic plants for them so that we can capture a significant share of the renewable energy field,” says Iulian Nedea, co-founder and CEO of Simtel Team.
According to him, in 2022 demand for photovoltaic electrical units was around three times higher, with the trend to maintain in 2023 as well.
“As a bank for sustainability, ING aids combating climate change through sustainable funding decisions and the support granted to our clients to reach their objectives in the shift to a green economy,” adds Codin Negovan, Head of Sales Network at the Business Banking unit of ING Bank Romania.
In the past three years, Simtel has designed and installed for companies operating in various economic fields over 70 MWh of photovoltaic plants, comprising more than 200,000 photovoltaic panels. These annually generate over 80,000 MWh.
The company aims for revenues of around RON100 million at end-2022 and net profit of RON11.6 million. As regards future plans, Simtel wants to create an energy independent community and support Romanian companies in their growth strategy.
(English version by Catalina Apostoiu)