Renovatio

What Renovatio does

Renovatio is a Romanian renewable energy developer and EPC contractor founded in 2005 and headquartered in Bucharest. The company designs, develops, and operates utility-scale solar parks and battery energy storage systems (BESS), primarily serving electric grid operators and utilities in Romania and Moldova. Its core technology portfolio includes thin-film photovoltaic systems and grid-scale battery storage infrastructure, with the 7 MW Corabia Solar Park (completed December 2012 at €21 million) and the 65 MWh Toplița BESS project (under development in central Romania) as flagship assets.

Renovatio's business model is anchored in utility-scale renewable energy generation and energy storage infrastructure development. Revenue is generated through electricity supply to the grid from solar installations (Corabia Solar Park expected to supply approximately 8,500 MWh/year) and through the development of battery energy storage systems providing grid flexibility services. The company operates as an EPC contractor and project developer, working with international technology partners such as Trina Storage (battery equipment supplier) and Allview (EPC contractor for the Toplița BESS project).

The company's go-to-market is enterprise field sales, targeting large-scale infrastructure projects through strategic partnerships with technology providers and EPC contractors. Renovatio engages in high-level government investment forums, including the EU-Moldova Investment Conference in Chisinau (2026), where it participated in declaring investment partnerships exceeding €1 billion total. The company serves a narrow customer base of grid operators and utilities, with no publicly disclosed pricing information or revenue figures. Renovatio currently operates with 1-10 employees, consistent with a lean project developer model.

Name

Renovatio

Website

https://rnvam.ro

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

Renovatio is a Romanian renewable energy developer founded in 2005 that designs and operates utility-scale solar parks and battery energy storage systems, serving electric grid operators and utilities in Romania and Moldova.

Ownership category

akta.pro rank

Product category

Solar Energy Generation

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

PV Balance of System (BOS) & Electrical Infrastructure (Inverters, Transformers, Cabling, Substations) (EUACAGAC)

akta.pro secondary industry

Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA)

Keywords

• Utility-scale solar
• Photovoltaic systems
• Battery energy storage
• Renewable energy development
• Solar park construction

Headquarters

HQ city

Bucharest

HQ country

Romania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain

Revenue model

1. Solar Power Generation: Development and operation of utility-scale solar parks that generate and supply electricity to the grid, with expected annual output of approximately 8,500 MWh per MW-scale facility
2. Energy Storage Infrastructure: Development of battery energy storage systems (BESS) such as the 65 MWh Toplița project, working with technology partners and EPC contractors

Go-to-market motion1 record

Distribution channels1 record

Core offering

Renovatio develops, constructs, and operates utility-scale solar photovoltaic power plants and grid-scale battery energy storage systems (BESS), primarily serving Romania and Eastern European markets. Its portfolio includes the 7 MW Corabia Solar Park using thin-film PV technology and the 65 MWh Toplița BESS battery storage project, built in partnership with technology providers and EPC contractors.

Product overview

Renovatio is a renewable energy company that develops and operates solar and battery energy storage projects. The company's portfolio includes utility-scale solar installations such as the Corabia Solar Park (a 7 MW thin-film photovoltaic system) and battery energy storage systems like the 65 MWh Toplița BESS project. Renovatio operates as an EPC (Engineering, Procurement, and Construction) contractor and project developer in the renewable energy sector, particularly in Romania and the broader Eastern European market.

Differentiator

Problem solved

Functional benefit

Products and services

• Corabia Solar Park 7 MW utility-scale solar photovoltaic power plant in Romania utilizing thin-film PV technology, generating and supplying electricity to the grid.
• Toplița BESS 65 MWh grid-scale battery energy storage system in Romania, built in partnership with Trina Storage, providing grid stabilization and energy storage services.

Quantifiable outcome

• Expected to supply approximately 8,500 MWh of electricity per year from Corabia Solar Park

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core.

• GreenvoltcoreStrategic or Co-development Partner · 4 June 2026Renovatio/Greenvolt partnership announced at EU-Moldova Investment Conference in Chisinau. Represents one of multiple investment partnerships exceeding €1 billion total announced at the conference. Company positions itself for strategic investments in clean energy alongside digital development initiatives in Moldova.
• Trina StoragecoreTechnology or Integration · 6 August 2025Strategic collaboration between Renovatio and Trina Storage for the 65 MWh Toplița battery energy storage project in central Romania. Trina Storage provides battery equipment (16 next-generation Elementa 2 battery cabinets) while Renovatio oversees project development. This marks Trina Storage's first entry into the Romanian market as part of broader Eastern European expansion under the partnership.
• AllviewcoreImplementation/ SI/ Consulting Partner · 6 August 2025Allview serves as the EPC (Engineering, Procurement, and Construction) contractor for the 65 MWh Toplița BESS project. Allview acts as system integrator handling the full AC scope including PCS and MV (medium voltage) infrastructure. Works directly with Trina Storage equipment supplier.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Akuo Energy: Akuo Energy is a French independent renewable energy IPP active in solar and storage across Europe. Like Renovatio, it develops, owns, and operates utility-scale assets and competes for the same regional tenders and corporate PPAs.
• European Energy: European Energy is a Danish developer of utility-scale solar and BESS projects across Europe, including Romania and Moldova. It competes head-to-head with Renovatio for grid connections, PPAs, and EU financing vehicles in the same Eastern European geographies.
• Greenvolt: Greenvolt is a publicly listed renewable energy developer with utility-scale solar and storage projects across Europe, and is explicitly named as Renovatio's investment partner at the EU-Moldova conference. Both target utility-scale solar plus BESS developments and compete for the same grid-connected, merchant and PPA-backed opportunities.

Others

• Trina Storage: Trina Storage is a BESS equipment manufacturer and Renovatio's strategic partner for the Toplița project. While not a direct competitor in project development, it is a critical enabler and counterparty shaping Renovatio's go-to-market in storage.
• Allview (Allview Energy): Allview is a Romanian EPC and system integrator serving as Renovatio's delivery partner for the Toplița BESS. As an EPC contractor it is more of a supplier / partner than a direct IPP competitor, but increasingly also develops its own storage and solar projects.

Broad incumbents

• CEZ Group: CEZ is a major Central European utility with significant renewable generation operations, including solar projects in Romania. It is a large incumbent competing for utility-scale renewable assets in Renovatio's core market.
• Statkraft: Statkraft is the Norwegian state-owned power company and a leading European renewable IPP with growing solar and storage capacity. It is an incumbent competitor for grid-scale renewable and BESS capacity in Romania and neighboring markets.
• EDP Renewables (EDP):
• Lightsource bp: Lightsource bp is a global utility-scale solar developer with projects across Europe including Eastern Europe. It is a much larger, well-capitalized incumbent competing for the same utility-scale solar PPAs Renovatio targets.
• Iberdrola Renewables: Iberdrola is one of Europe's largest utilities with significant utility-scale renewable generation including solar and storage. It competes broadly for utility-scale renewable PPAs and grid connections across Eastern Europe.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Renovatio