BloombergNEF (BNEF) has recognized Sungrow as the world's most bankable company in both the energy storage system and Power Conversion System (PCS) sectors, in its just-released Energy Storage System Cost Survey 2024.
One award, five categories, 15 winners and an abundance of innovative and intelligent ideas, products, services and projects: The next The smarter E AWARD is already on the horizon. Companies can submit their applications for the coveted award starting November 1, 2024. The application period ends on January 31, 2025.
MET Group has purchased a 100% shareholding in Comax France, an owner, operator and developer of combined heat and power (CHP) and battery energy storage systems (BESS).
Temporis Capital, Clarke Energy and Trina Storage have entered into construction contracts to deliver a 50MW/100MWh Battery Energy Storage System (BESS) at Boat of Garten in the Scottish Highlands, with Clarke Energy providing the EPC wrap and Trina Storage supplying the BESS system, including its Elementa solution for the project.
Trina Storage has successfully completed integration testing of its Elementa 2 liquid-cooled battery energy storage system (BESS) with a leading European PCS and control system provider. The system will be launched and installed starting in 2025.
BYD Energy Storage expands the partner program for residential energy storage solution wholesalers and installers. As part of this effort, BYD recently held a partner conference at the BYD headquarters and a production site visit of the Nanning Industrial Park.
Energy storage systems are vital to the transition toward renewable energy, balancing fluctuations in supply and demand and supporting grid stability. However, maximizing the performance of these systems requires careful management of both operational efficiency and system longevity, as Laura Laringe, CEO of Reli Energy explains.
Trade association Solar Energy UK has signed a agreement with charitable foundation RePower Ukraine to deliver vital solar power systems to Ukrainian hospitals and critical infrastructure. This partnership aims to counter the devastating effects of the ongoing conflict on Ukraine's energy grid.
Corsica Sole and Evecon are planning the construction of two battery storage power plants with a total capacity of 400 MWh in Estonia. They are intended to help stabilize the Baltic power grid, which is to be decoupled from the Russian power grid at the beginning of 2025.
The PV market in Central and Eastern Europe continues to develop dynamically. Challenges are - as elsewhere - grid expansion, energy storage, load management and bureaucracy reduction. This was demonstrated at the CISOLAR & GREENBATTERY 2024 conference and expo in Bucharest.
Soltech Energy Solutions has developed, installed and commissioned a 4 MWh energy storage facility next to Postnord TPL’s logistics property just outside Norrköping/Sweden. This enables the expansion of the property’s charging infrastructure for electric trucks.
For clean energy to continue growing at pace, greater investment in new energy systems, especially in electricity grids and energy storage, is necessary, IEA`s new World Energy Outlook 2024 says. Today, for every dollar spent on renewable power, only 60 cents are spent on grids and storage.
DRI, part of the Ukraine-based DTEK group, has taken an important next step on its 133 MW 4h (532 MWh) battery storage project in Trzebinia, Poland, by acquiring 100% of the shares from Columbus Energy.
EWS’ company site is once again bustling with activity: heavy equipment has arrived in Handewitt/Germany to complete what is now the seventh warehouse with adjacent warehouse office. Construction work in the Kätnerland business park began at the end of May 2024, with completion and move-in planned for November 2024.
Bucharest is set to host CISOLAR 2024 and GREENBATTERY EXPO . The conference will be held at the Grand Hotel Bucharest on October 15th, with the Expo and additional conferences continuing at the Laminor Arena on October 16-17th.
Recently, 66 sets of Sungrow's energy storage system, PowerTitan 2.0, arrived in the UK, demonstrating its acceleration of energy storage deployment in Europe. In the Middle East, over 1,500 sets of PowerTitan 2.0 are set for deployment, contributing to one of the world’s largest energy storage projects with a capacity of 7.8 GWh.
A hotel in Amsterdam turned the lack of an adequate grid connection to his advantage - with the help of PV, battery storage and energy management.
Econergy Group signed a financing agreement as well as a route-to-market agreement with Goldman Sachs through Econergy UK to support the Swangate Project with an installed battery capacity of 102MWh. Connection to he electricity grid is expected by end of 2024.
Interview: Where does EDP stand with investments in renewable energy, storage and green hydrogen? What are the next steps and challenges? Vera Pinto Pereira, member of the Executive Board of Directors of the multinational utility company, based in Lisbon, takes a stand.
Polish company Projekt Solartechnik Group (PST) is specialized in large-scale photovoltaic installations, wind farms and green energy sale, all on an international basis. About the opportunities of the Polish market we talked to Tomasz Bodetko, Vice President and responsible for sale of solar farms, PPA and CPPA.
The European market for battery storage systems is growing rapidly; solar home storage systems have dominated until now. But now there is a change. Large batteries are gaining ground - but are still being held back by regulatory hurdles.
Sungrow has inked an energy storage supply deal with Penso Power and BW ESS. Under the agreement, Sungrow will supply a comprehensive range of 1.4 GWh PowerTitan 2.0 liquid-cooled energy storage systems, aimed at facilitating the construction of the Hams Hall energy storage project, situated in central England, Europe.
Trinasolar reports revenues of $6 billion and profits of $74 million in half-yearly financial result in 2024 – with strong PV module sales and new manufacturing facilities outside of China.
Trina Storage has commissioned its first utility storage project, Torre di Pierri, in Italy. The system is developed and owned by Trinasolar’s International System Business Unit (ISBU), the global project development arm of Trinasolar.
Sungrow recently unveiled its financial results for the first half of 2024. The company achieved growth in both revenue and net profit, especially in the PV field.
