Polish renewable energy developer R.Power has sold a stake in its 127-megawatt (MW) / 254-megawatt-hour (MWh) Scornicesti battery energy storage project in Romania to France’s Eiffel Investment Group, establishing a new joint venture between the two companies, the firms said on Thursday.
The transaction marks R.Power’s second partnership with Eiffel in Romania, following earlier cooperation on photovoltaic projects. Under the new agreement, both parties will jointly finance, construct, and operate the Scornicesti battery facility, which will rank among Romania’s largest and most advanced storage systems.
Located in Olt County, the project will provide 254MWh of flexible capacity to the national grid, supporting frequency control, balancing, and peak-shaving services. Once operational, it is expected to help stabilise the electricity network and facilitate greater integration of renewable generation.
“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, Chief Executive 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.”
Pięta added that Romania remains a key country for R.Power, where the firm is developing several photovoltaic 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,” he said.
R.Power said the joint venture underscores its strategic focus on battery storage as part of an integrated independent power producer (IPP) model that combines solar, wind, and storage assets across Europe. The partnership also aligns with Eiffel Investment Group’s broader goal of financing clean energy infrastructure and promoting the European energy transition.
