R.Power, one of the leading European independent power producers, and Axpo, an international leader in energy trading, have signed optimisation agreement for one of the largest utility-scale battery energy storage systems (BESS) in Poland. The Agreement is for a period ending on 31 December 2037.
Magazyn Energii Jedwabno (Jedwabno) is a 150MW / 300MWh BESS scheme being developed in Kuyavian-Pomeranian Voivodeship. Upon completion, it will be among the largest projects of its kind in Poland. Construction of the project has already started.
Under the terms of the deal, Axpo shall be responsible for optimizing the operation of the BESS facility. The revenue generated under the agreement for Jedwabno will be based on a profit share formula with a guaranteed minimum level of revenue (floor).
This optimisation agreement is the next step in cooperation between R.Power and Axpo in the Polish energy market, based on medium -term Power Purchase Agreement (PPA) signed between the partners back in 2021, covering approximately 300MW of solar PV capacity.
Axpo Polska Managing Director Mateusz Marczewski said: “I’m delighted to be extending our cooperation with R.Power into a new area, namely the optimisation of energy storage facilities. A key aspect of this project was to design a contract aligned with dynamically evolving operational and regulatory standards. This will ensure that the installation can participate efficiently in the market and provide balancing services. Thanks to our experience, we were able to propose a complex solution tailored to the investor’s specific needs, meeting all necessary requirements for bankability as well as R.Power’s internal procedures.”.
Rafał Hajduk, Chief Commercial Officer at R.Power said: “The development of the Jedwabno energy storage facility is a strategic step in expanding our portfolio of flexibility assets, supporting renewable energy integration and the security of the Polish power system. Cooperation with Axpo provides us with advanced optimisation tools and a commercialisation model that will help us enhance the project’s efficiency throughout its lifetime. The foundation of this cooperation is our long-standing partnership with Axpo, built through multiple joint initiatives, as well as Axpo’s support in navigating the dynamically developing energy storage market in Poland”.
R.Power is an independent renewable energy producer operating in Poland, Romania, Italy, Portugal, Spain and Germany, specialising in photovoltaic, wind and battery energy storage systems projects.
Axpo has been active for several years in the development, construction and commercial optimisation of utility-scale energy storage systems in Switzerland and across Europe, and continues to expand its international battery energy storage activities.
About R.Power Group
R.Power is a leading independent renewable energy producer headquartered in Poland, with operations also in Romania, Italy, Portugal, Spain and Germany. As a multi-technology company, R.Power is developing a project portfolio with a total capacity exceeding 32 GW in new energy sources, with generation supported by Power Purchase Agreements (PPAs) and Contracts for Difference (CfDs). The company’s activities cover the entire renewable energy value chain – from project development to energy production as an independent power producer (IPP).
EPC (engineering, procurement, construction) and O&M (operations and maintenance) services are provided by the specialised subsidiary NOMAD Electric. In addition, through Quanta Energy, R.Power delivers comprehensive energy solutions for industrial clients, companies and institutions.
R.Power is a leading independent renewable energy producer headquartered in Poland, with operations also in Romania, Italy, Portugal, Spain and Germany. As a multi-technology company, R.Power is developing a project portfolio with a total capacity exceeding 32 GW in new energy sources, with generation supported by Power Purchase Agreements (PPAs) and Contracts for Difference (CfDs). The company’s activities cover the entire renewable energy value chain – from project development to energy production as an independent power producer (IPP).
EPC (engineering, procurement, construction) and O&M (operations and maintenance) services are provided by the specialised subsidiary NOMAD Electric. In addition, through Quanta Energy, R.Power delivers comprehensive energy solutions for industrial clients, companies and institutions.
About Axpo
Axpo is driven by a single purpose – to enable a sustainable future through innovative energy solutions. Axpo is Switzerland's largest producer of energy and an international leader in energy trading and the marketing of solar and wind power. Axpo combines the experience and expertise of more than 7,000 employees who are driven by a passion for innovation, collaboration and impactful change. Using cutting-edge technologies, Axpo innovates to meet the evolving needs of its customers in over 30 countries across Europe, North America and Asia.
Axpo is driven by a single purpose – to enable a sustainable future through innovative energy solutions. Axpo is Switzerland's largest producer of energy and an international leader in energy trading and the marketing of solar and wind power. Axpo combines the experience and expertise of more than 7,000 employees who are driven by a passion for innovation, collaboration and impactful change. Using cutting-edge technologies, Axpo innovates to meet the evolving needs of its customers in over 30 countries across Europe, North America and Asia.