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.
