WALDEVAR Energy and Prime Batteries Develop Alive Capital’s Da Vinci New Project
Strategic Partnership for Romania’s Energy System
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. Installed on 247,000 square meters of land, the park will have a total capacity of 26.002 MWp, of which 23 MWp financed by the National Recovery and Resilience Plan (NRRP) – Component C6: Energy, and the remaining 3 MW from the developer’s own sources. The system integrates 44,448 photovoltaic panels backed by 78 inverters.
The project stands out thanks to the integration of an energy storage system (BESS) with an installed capacity of 5 MW and a total capacity of 10 MWh, supplied by Prime Batteries. This component provides operational flexibility and grid regulation capability, contributing to the stability of power flow.
“We started 2025 with the energies of the future and we are continuing it with landmark results for Romania. We’ve surpassed 1.5 GW of installed capacity through our projects alone and have just returned from Intersolar, the industry’s biggest trade fair, where we revalidated our strategic alignment for a greener future. Today we mark a truly special moment with Prime Batteries in the development of the Da Vinci New Project for Alive Capital – partners who challenge us to achieve excellence. We have more than just a step forward – we have a firm commitment to energy security and a perfectly balanced energy system,” Cristian Dragomir, CEO of WALDEVAR Energy, stated.
“Installing a storage system in the Nanov PV 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 set up 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 contribute to this transformation,” Giacomo Billi, Founder & CEO Alive Capital, added.
“Our participation in this project represents the beginning of our collaboration with Alive Capital, which we are very pleased about, given the expertise and experience the company has in the local energy market. The partnership with WALDEVAR Energy is a natural step in our strategy to develop as many projects as possible in Romania, alongside Romanians. We appreciate this opportunity to be part of another project of strategic importance for Romania,” Vicentiu Ciobanu, CEO Prime Batteries, noted.
According to technical estimates, the Da Vinci New Project will generate about 35,022 MWh per year, equivalent to the consumption of about 14,590 households. Carbon dioxide emissions will be reduced by 88,310 tons per year, and the equivalent primary energy production is estimated at 3,057.82 toe (tons of oil equivalent). This partnership reflects a pragmatic approach to modern energy infrastructure development, bringing together WALDEVAR Energy’s expertise in execution and development, Alive Capital’s ability to manage energy assets, and the advanced storage technology provided by Prime Batteries.
About WALDEVAR Energy
WALDEVAR Energy is one of Europe’s leading general contractors in the renewable energy industry, specializing in the design, delivery, installation, testing and commissioning of large-scale photovoltaic projects. As a full EPC (Engineering, Procurement & Construction) contractor, WALDEVAR manages all stages of a project, from engineering studies and technical design, through execution, commissioning, operation and maintenance, through dedicated O&M, SCADA and Floating Photovoltaic (FPV) divisions. With a portfolio of over 1.5 GW of power capacity completed or under development in Romania and Europe, the company stands out for its ability to deliver complex and customized projects quickly and efficiently. WALDEVAR has one of the largest in-house specialist teams of over 999 employees and its own fleet of over 200 dedicated machines and equipment, ensuring integrated capabilities and turnkey solutions of the highest quality.
About Alive Capital
Alive Capital is a Romanian integrated energy company, a licensed electricity supplier and a reliable partner for renewable energy producers. With a strong track record since 2013, the company currently manages more than 1.1 GW of renewable capacity nationwide, providing services that support operational performance, regulatory compliance and sustainable growth in the energy sector. Alive Capital’s portfolio includes electricity supply, aggregation services, dispatching, forecasting, operation and maintenance (O&M), energy management, project development, reporting to authorities, technical, economic and legal consulting, as well as energy storage solutions. Alive Capital continues to invest in long-term sustainable energy infrastructure, actively contributing to the modernization and flexibility of the national energy system.
About Prime Batteries Technology
Prime Batteries Technology is Europe’s largest manufacturer of Li-Ion battery energy storage systems, with headquarters and production facilities in Bucharest, Romania. With a fully vertically integrated 2.3 GWh Gigafactory and transitioning to an annual capacity of 8.5 GWh, Prime has become the leader in the BESS segment in the European Union, both in terms of production volume and project portfolio. As a technology-driven company, Prime does not just manufacture batteries – it offers complete energy management solutions designed to solve the complex challenges of modern energy systems, from grid stabilization to renewable energy integration. The company operates in three key sectors: automotive (batteries for electric vehicles and specific automotive applications), industrial (customized solutions for energy storage in industrial processes), and large-scale energy storage systems (batteries for power grids and photovoltaic parks).
