Sungrow Strengthens Israel’s Renewables with 127MW Deal
- 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.
Sungrow, a global leader in inverters and Energy Storage Systems (ESS), recently signed a milestone deal with EDF Renewables Israel to deliver 127 MWh of cutting-edge liquid-cooling storage systems, PowerTitan, for six projects located in various locations. This is in addition to the previous 50 MWh projects signed with EDF Renewables. The company currently has a 40 percent market share in Israel for ESS and is expected to record strong profits and revenues this year. The system is designed to minimize capacity loss rates, extend the system’s life expectancy, reduce electrical losses, and eliminate the need for a Power Conversion System, resulting in increased efficiency and reduced expenses. EDF Renewables Israel currently operates 33 projects in the country, with an installed capacity of 572 megawatts, and has produced about 3.7 TWh of solar electricity since its first project began operating.
What Deal Has Sungrow Signed with EDF Renewables Israel?
- The deal signed with EDF Renewables Israel includes 127 MWh of cutting-edge liquid-cooling storage systems, PowerTitan.
- This is in addition to the 50 MWh projects previously signed with EDF Renewables.
- Sungrow currently has a 40 percent market share in Israel for ESS and is expected to see strong profits and revenues this year.
- The system is designed to minimize capacity loss rates, extend its life expectancy, reduce electrical losses, and eliminate the need for a Power Conversion System.
- EDF Renewables Israel currently operates 33 projects in the country, with an installed capacity of 572 megawatts.
- Since its first project began operating, EDF Renewables Israel has produced about 3.7 TWh of solar electricity.
