Strategic alliance chosen to power Romania’s energy future
Bucharest, May 2025
Two companies with strategic roles in Romania’s energy ecosystem, WALDEVAR Energy and Prime Batteries, are contributing to the development of the “Da Vinci New Project,” a large-scale photovoltaic park located in Nanov, Teleorman County owned by Alive Capital, forming a strategic alliance. Spanning 247,000 square meters, the solar park will have a total installed capacity of 26.002 MWp, of which 23 MWp are financed through Romania’s National Recovery and Resilience Plan (PNRR), Component C6: Energy, with the remaining 3 MWp funded from the developer’s own resources. The system will include 44,448 photovoltaic panels supported by 78 inverters.
A standout feature of the project is the integration of a Battery Energy Storage System (BESS), with an installed capacity of 5 MW and a total storage capacity of 10 MWh, supplied by Prime Batteries. This component enhances operational flexibility and grid balancing capabilities, contributing to the stability of energy supply.
Cristian Dragomir, CEO of WALDEVAR Energy, stated:
“We began 2025 with the energy of the future and we’re continuing it with landmark results for Romania. We have surpassed 1.5 GW of installed capacity solely through our projects, and have just returned from Intersolar, the largest industry fair, where we reaffirmed our strategic alignment with a greener future. Today we mark a truly special milestone, together with Prime Batteries, in the development of the Da Vinci New Project for Alive Capital – partners who challenge us to strive for excellence. This is more than a step forward – it is a firm commitment to energy security and a perfectly balanced energy system.”
Giacomo Billi, Founder & CEO of Alive Capital, added:
“The installation of a storage system in the Nanov solar power plant is a natural step towards a more flexible and sustainable future. We are pleased that two renowned Romanian companies, WALDEVAR Energy and Prime Batteries, have established a partnership that contributes to Romania’s energy strategy. Together, we are building solutions that bring stability and flexibility to the national energy system, and we are proud to be part of this transformation.”
Vicențiu Ciobanu, CEO of Prime Batteries, commented:
“Our involvement in this project marks the beginning of our collaboration with Alive Capital, which we welcome, given the company’s expertise and experience in the local energy market. Partnering with WALDEVAR Energy is a natural step in our strategy to develop as many projects as possible in Romania, together with Romanian partners. We value this opportunity to contribute to another project of strategic importance for Romania.”
According to technical estimates, the “Da Vinci New Project” will generate approximately 35,022 MWh annually – the equivalent of the consumption of around 14,590 households. The project will reduce CO₂ emissions by 88,310 tons per year, with an estimated primary energy production equivalent of 3,057.82 toe (tonnes of oil equivalent). This partnership reflects a pragmatic approach to modern energy infrastructure development, combining WALDEVAR Energy’s execution and development expertise, Alive Capital’s asset management capabilities, and the advanced storage technology provided by Prime Batteries.
About WALDEVAR Energy
WALDEVAR Energy is one of the leading general contractors in the renewable energy industry in Europe, specializing in the design, delivery, installation, testing, and commissioning of large-scale photovoltaic projects. As a full-scope EPC (Engineering, Procurement & Construction) contractor, WALDEVAR manages all phases of a project—from technical design and specialized studies to execution, commissioning, operation, and maintenance—through its dedicated O&M, SCADA, and Floating PV (FPV) divisions. With a portfolio exceeding 1.5 GW of completed or ongoing projects across Romania and Europe, the company is known for delivering complex and tailored projects swiftly and efficiently. WALDEVAR boasts one of the largest in-house teams of specialists, with over 999 employees and a fleet of more than 200 dedicated machines and equipment, ensuring fully integrated capabilities and top-tier turnkey solutions.
Website: www.waldevar.com
LinkedIn: linkedin.com/company/waldevarenergy
