RenewAcad has announced the signing of a 3.1 million euros financing agreement with UniCredit Bank for the development of the Petrila 1 and Petrila 2 energy storage projects, marking the first stage of an extensive investment program focused on the energy transition and the revitalization of the industrial area of Petrila.

The Petrila 1 and Petrila 2 projects, with a total capacity of 20 MWh, integrate liquid-cooled Prime batteries installed in specially designed halls, based on a technical concept patented by Monsson. Compared to conventional containerized systems, the hall-based solutions are more energy-efficient, require less land, allow for better thermal management, and offer greater flexibility in operation and future expansion. The investment is expected to be completed and connected to the grid by March 2026.

“For RenewAcad, Petrila is a concrete example of a just energy transition, combining investments in modern infrastructure with investments in people. Over the next three years, we plan investments of more than 15 million euros in the area, both in energy projects and in new professional training programs, beyond those implemented so far. Petrila 1 and Petrila 2 represent the first concrete step in this direction,” said Sebastian Enache, Director of RenewAcad.

In addition to these projects, RenewAcad will launch a new strategic investment at the same location in spring 2026, valued at over 10 million euros. This development phase is expected to create more than 40 new jobs starting in 2027, contributing significantly to the economic revitalization of the Petrila area.