Alive Capital, a Romanian energy company, has signed a memorandum of understanding with the Chinese energy equipment provider Sieyuan Electric to deploy up to 2.5 GWh of battery energy storage systems (BESS) in Romania over the next 4 years (Sieyuan Electric press release, 19/03/2026).
The agreement covers both stand-alone and co-located configurations, across multiple power classes. This encompasses Alive Capital's own investments as well as projects developed for affiliated companies and clients. Alive Capital currently manages more than 1.5 GW of installed capacity across 198 power plants.
Sieyuan Electric is a company specialising in power technology R&D, equipment manufacturing, and engineering services. The deal follows another GWh-scale project secured earlier in March 2026, bringing the company's total contracted capacity in Romania to over 4.5 GWh so far in 2026, according to the company's press release.
The deal comes just days after Sungrow and Enevo Group signed a 1 GWh agreement for Romanian projects (KEI, 17/03/2026).