MetaWealth adds third Romanian battery storage project, portfolio reaches 300 MWh. The three facilities in Dolj, Neamț, and Mureș counties are scheduled to begin commercial operations in 2027, when Romania's power system is expected to face increased pressure. MetaWealth announced that it signed an agreement to acquire a 50 MW/100 MWh standalone battery energy storage project in Dolj county. Estimated at approximately EUR 20 million, it brings the company's Romanian storage portfolio to 148 MW/300 MWh. The agreement was signed on November 4, the company said. The project has secured its land, technical grid connection approval, and building permit, with construction scheduled to begin in the second quarter of 2027 and commercial operations expected in the third quarter.

Romania expands energy storage capacity with new 50 MW/100 MWh BESS project in Neamț County. July 1, 2026 Supported by Romanian renewable energy contractor Parapet has partnered with real estate investment platform MetaWealth to develop a utility-scale battery energy storage system in Neamț County, further expanding Romania's growing storage pipeline. The project will be located in the village of Dumbrava and is designed with an installed capacity of 50 MW and a storage capacity of 100 MWh. It will include 20 battery units, five power conversion system (PCS) units, as well as a new 20/110 kV substation and transformer, which will connect the facility to Romania's national electricity grid. The companies have not disclosed the investment value or provided a construction timeline. The agreement comes amid a series of new project wins for Parapet in 2026. Earlier this year, the company announced engineering and construction contracts covering more than 1 GW of renewable energy projects scheduled for delivery in 2026. This portfolio includes approximately 700 MW of solar and wind capacity in Romania, around 410 MWh of battery storage, and an additional 217 MW of solar projects in Germany and Italy. Parapet is also expanding its international footprint through partnerships with other developers. In late 2025, the company signed agreements with Italian renewable energy firm Alerion Clean Power for the construction of seven solar parks with a combined capacity of 80.8 MW, located across Romania and Italy. The latest battery storage project reinforces Romania's accelerating shift toward grid flexibility solutions, as the country integrates more variable renewable energy and strengthens its balancing infrastructure. Supported by