Nofar Energy aims to expand its business over the next three years, focusing on developing a portfolio of customers in the Commercial and Industrial (C&I) area, said Stelian Favieli, managing partner of the company, at the conference “Digitalization and Energy Efficiency – Cluj-Napoca” organised by Energynomics and the Italian Chamber of Commerce for Romania – CCIpR.

“Our goal for the next three years is to grow the solar parks we have, of nearly 1 GW, and to develop a much-needed C&I division. I have great confidence in C&I. Even if it is not so developed, this is both an opportunity and a problem,” Favieli said.

The changes in the energy sector started three years ago and have evolved differently from country to country. In Spain, for example, the sector is much more advanced, while in Romania it is just beginning to take shape.

Favieli stressed the importance of adapting the business model in Italy, where Nofar Energy has projects totalling 200 MW, to the Romanian market.

In addition, Favieli believes that the private sector will need support from the European Union or the Romanian state to speed up the process of implementing sustainable energy solutions. Another area that will see significant growth is energy storage equipment and solutions, both in the private and public sectors.

The conference “Digitalization and Energy Efficiency – Cluj-Napoca” was organised by Energynomics and the Italian Chamber of Commerce for Romania – CCIpR, with the support of our partners: ADC, ABB, BCR, CRC Energy, Datacor, Eaton Electric, Elektra Renewable Support, EnergoBit, Exim Banca Românească, Fortza Solar, MET Energy Romania, Polytrade Global, Nofar, WALDEVAR Energy.