Romania-based energy services firm Alive Capital has entered into a memorandum of understanding (MoU) with Chinese equipment manufacturer Sieyuan Electric to deploy up to 2.5 GWh of battery energy storage systems (BESS) over four years.
The agreement includes the development of both standalone storage assets and systems integrated with existing power infrastructure, spanning a range of project sizes. The planned deployments will support Alive Capital’s proprietary investments, along with projects undertaken for its partners, affiliates, and clients.
Strategic Push for Integrated Energy Portfolio
Giacomo Billi, Founder and Chief Executive Officer of Alive Capital, said the partnership will strengthen the company’s access to advanced technologies while supporting its ambition to build a diversified regional portfolio combining power generation and storage.
He noted that investments in digitalisation and energy storage are central to the company’s strategy, enabling it to contribute to the broader energy transition while offering more stable and competitive energy solutions across South-Eastern Europe.
Echoing this, Sieyuan Electric vice president Zhang Liangdong said, “We are pleased to partner with Alive Capital and support its strategy to offer advanced energy storage solutions in South‑Eastern Europe. This collaboration reflects our commitment to delivering reliable, high‑performance technologies that enable great flexibility.”
Market Presence
Alive Capital currently oversees a portfolio of more than 1.5 GW across 198 power plants. In 2025, the company supplied approximately 1.95 TWh of electricity, accounting for nearly 1.8 percent of Romania’s non-household electricity supply market.
In a parallel development, earlier this month, Billi initiated steps to regain full ownership of Alive Capital. Through his investment vehicle Omnia Capital, he is set to acquire the majority stake held by Premier Energy. The transaction is expected to be completed by the second quarter of 2026, subject to regulatory approvals.
Separately, Sieyuan Electric has been strengthening its position in the global energy storage value chain. In December 2025, the company signed a three-year cooperation agreement with CATL for the procurement of 50 GWh of battery storage systems. The partnership between the two companies dates back to 2022.