News

Sungrow, a global leader in inverters and Energy Storage Systems (ESS), recently signed a milestone deal with EDF Renewables Israel to deliver 127MWh of cutting-edge liquid-cooling storage systems, PowerTitan. With a 40% market share in Israel, Sungrow is looking to record strong profits and revenues this year. The PowerTitan system is designed to maximize efficiency and reduce expenses. EDF Renewables Israel currently operates 33 projects in the country, with an installed capacity of 572 megawatts.

Greece's Regulatory Authority for Energy (RAE) has successfully allocated 411.8 MW of projects from 93 proposals, surpassing the 400 MW target for the first BESS tender. 12 projects from 7 developers will receive financial aid for investment and operation over a 10 year period. Projects are expected to be operational by the end of 2025.

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UK unveils groundbreaking 100MW hydropower-storage partnership, providing clean energy solutions for a greener future.

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BayWa r.e. demonstrate their commitment to Australia’s solar industry with the launch of their new solar portfolio. A comprehensive range of solar solutions for all needs.

Siemens builds 800MW US inverter factory, providing reliable and efficient energy solutions for industry and commercial applications.

Mytilineos SA has confirmed its participation in Greece's first energy storage tender – offering a 48MW/96MWh unit in Central Macedonia. Construction and operation is expected to complete by mid-2025. Over 3.3GW was offered for the 400MW round & Mytilineos is looking to participate in future tenders. 618MW of renewable power plants already in Greece & abroad.

PPC Renewables secures investment grant and operating aid for 98 MW of battery energy storage projects in Western Macedonia in 2021. To be brought into operation in 2025, these projects will join the 280 MW of solar projects also located in the region.

Portuguese energy firm Greenvolt Energias Renovaveis SA announces its intention to acquire majority stakes of Spanish solar firm Iberica Renovables SL. Financial details and the amount of shares to be acquired remain undisclosed. AdC is currently reviewing the deal. Comments must be submitted within 10 business days.

Norsk Solar has launched the first of six 18MW solar plants in Brazil, with the remaining five to be completed in the next month. This is the first IPP project for Norsk Solar, a 25-year PPA with Órigo Energia, and is located in the state of Minas Gerais.

Voltalia has opened a new office in Tirana, Albania with 23 employees to support local growth. The office will provide turnkey solar plant construction services and develop PV and wind projects, including the 140 MW Karavasta solar farm in Fier. Operational in 2023, the farm is backed by a EUR 29 million loan from EBRD.

Antaisolar secures a 470MWp solar tracking systems deal in Uzbekistan, delivering its TAI-Simple single-axis 1P tracking system with 18.5%-24% power output increase. This is the largest solar tracker award in Central Asia, with 25.4GW of cumulative solar racking shipments. Uzbekistan is aiming to reach 25% renewables by 2026.