News
Published in: Solar, Press Releases
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R.Power S.A., one of Europe’s fastest-growing renewable energy companies, has sold a 49.99% stake in its 127 MW / 254 MWh Scornicesti battery energy storage system (BESS) project in Romania to Eiffel Investment Group, marking the closing of a new joint venture between the two companies.
This transaction represents R.Power’s second joint venture with Eiffel Investment Group in Romania, following their previous cooperation in photovoltaic projects. The new partnership will jointly finance, build, and operate the Scornicesti BESS — one of Romania’s largest and most advanced energy storage facilities — further deepening the collaboration between R.Power and Eiffel across the European renewable energy landscape.
Located in Olt County, the Scornicesti BESS will provide 254 MWh of flexible capacity to the Romanian grid, supporting frequency control, balancing, and peak-shaving services. Once operational, the project will significantly enhance grid stability and facilitate greater integration of renewable generation, accelerating the country’s energy transition.
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The joint venture underlines R.Power’s strategic focus on battery energy storage systems (BESS) as a core element of its integrated IPP model, combining solar PV, storage, and wind assets across Europe.
We are very proud to strengthen our partnership with Eiffel Investment Group through another joint venture in Romania — this time in battery storage,” said Przemek Pięta, CEO and Founder of R.Power. “Following our cooperation in photovoltaic projects, this transaction marks the next step in expanding our long-term presence in one of Europe’s most dynamic renewable energy markets. Romania is a key country for R.Power, where we are developing and building several PV farms, including Stalpu, Suseni, Dudesti, and Punghina. Together with Eiffel, we are accelerating the deployment of energy storage, supporting grid flexibility, and advancing the energy transition in Central and Eastern Europe.”
This collaboration reinforces Eiffel Investment Group’s commitment to supporting the clean energy transition in Europe through strategic partnerships with high-performing developers. For R.Power, it represents another milestone in executing its asset rotation and growth strategy, enabling reinvestment in new renewable and storage projects across its 30 GW+ portfolio in six European countries.
About R.Power Group
R.Power is a leading independent renewable energy producer headquartered in Poland, with operations extending to Romania, Italy, Portugal, Spain, and Germany. As a multi-technology company, R.Power is developing a portfolio of over 30 GW+ across photovoltaics, battery energy storage systems (BESS), and wind energy projects, with energy sales supported by Power Purchase Agreements (PPAs) and Contracts for Difference (CFDs). Its activities cover the entire renewable energy value chain, including project development and renewable energy production as an independent power producer (IPP). Engineering, procurement and construction (EPC), as well as operations and maintenance (O&M) services, are delivered by R.Power’s dedicated subsidiary, NOMAD Electric. In addition, through its subsidiary Quanta Energy, R.Power provides comprehensive renewable energy solutions for industrial clients, businesses, and institutions. For more information visit: www.rpower.energy
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