startupcafe.ro/compania-unui-om-de-afaceri-canadia

MetaWealth, founded by Canadian entrepreneur Michael Topolinski, has signed a contract to acquire a battery energy storage project in Dolj County, with an estimated investment of €20 million. This acquisition brings the company's total projects in Romania to three, with a combined storage capacity of 300 MWh expected to be operational by 2027. The Dolj facility will have a power capacity of 50 MW and a storage capacity of 100 MWh. Construction is set to begin in Q2 2027, with commercial operation anticipated in Q3 2027. MetaWealth aims to sell these initial projects to investors while retaining future storage capacities for long-term operation, capitalizing on the growing demand for energy storage in Romania.