{"id":10805,"date":"2026-06-26T08:01:07","date_gmt":"2026-06-26T08:01:07","guid":{"rendered":"https:\/\/ofero.news\/?p=10805"},"modified":"2026-06-26T08:01:07","modified_gmt":"2026-06-26T08:01:07","slug":"metawealth-enters-bess-market-with-planned-eur-22-mln-project-in-romania","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=10805","title":{"rendered":"MetaWealth enters BESS market with planned EUR 22 mln project in Romania"},"content":{"rendered":"<p>MetaWealth, a European real assets investment platform until now focused on real estate, has entered the advanced battery energy storage systems (BESS) market with several large-scale energy storage projects in Romania. It plans to invest EUR 22 million to develop BESS systems with a capacity of 130 MWh, according to <a href=\"https:\/\/www.profit.ro\/povesti-cu-profit\/energie\/foto-investitie-de-amploare-in-romania-metawealth-cu-michael-topolinski-cofondator-a-intrat-pe-piata-energiei-22494334?mc_cid=27dbdb37fb&amp;mc_eid=607bd7d763\" target=\"_blank\">Profit.ro<\/a>.<\/p>\n<p>The plans were announced in January, while now MetaWealth announces the partnership with the contractor, Parapet. Parapet and MetaWealth have now formalised a partnership for the development of a battery energy storage project (Battery Energy Storage System \u2013 BESS) in Dumbrava, Neam\u021b County.\u00a0<\/p>\n<p>The Dumbrava installation will have a capacity of 50 MW \/ 100 MWh and will include 20 BESS units, 5 PCS (Power Conversion System) units, and a 20\/110 kV electrical transformation station, equipped with a power transformer.\u00a0<\/p>\n<p>Besides the\u00a0 includes a 100 MWh autonomous battery system in Dumbrava, Neam\u021b County (Romania), the EUR 22 million project includes\u00a030 MWh of co-located storage to be installed in several locations connected to the existing electricity grid.\u00a0<\/p>\n<p>The first 30 MWh will become operational in the third quarter of 2026, and the entire 130 MWh capacity will be put into operation by the fourth quarter of 2026.<\/p>\n<p>MetaWealth said that these projects represent the basis of a long-term strategy to develop a Romanian energy storage platform, intending to develop an additional capacity of approximately 650 MWh in several locations, totalling EUR 110 million.<\/p>\n<p>Founded in 2012, Parapet operates as an EPC contractor for photovoltaic, wind, and energy storage projects, providing integrated engineering, procurement, and construction services.<\/p>\n<p>The founders and owners of MetaWealth include two real estate investors and developers: Michael Topolinski and Richard McLaughlin-Duane.<\/p>\n<p><em>(Photo: <a href=\"https:\/\/www.dreamstime.com\/\" target=\"_blank\">Malpetr\/ Dreamstime<\/a>)<\/em><\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>MetaWealth, a European real assets investment platform until now focused on real estate, has entered the advanced battery energy storage systems (BESS) market with several large-scale energy storage projects in Romania. It plans to invest EUR 22 million to develop BESS systems with a capacity of 130 MWh, according to Profit.ro. The plans were announced [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10805","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/10805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10805"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/10805\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}