Sungrow has entered into three energy storage agreements with Algihaz Holding, an investment group in Saudi Arabia. Each project will have a capacity of 2.6 GWh, amounting to a total of 7.8 GWh. The storage projects will be located in Najran, Madaya, and Khamis Mushait, Saudi Arabia. Furthermore, deliveries are set to begin this year. The grid connection for the projects is expected by 2025.
In May 2024, Sungrow signed supply and service agreements for a new BESS project with Nofar Energy. The project will be developed in Stendal, Saxony-Anhalt, Germany and will feature the PowerTitan2.0, which is a liquid-cooled energy storage system. The project will have a capacity of 116,5 MW/230 MWh.
Sungrow is a leading global provider of PV inverters and energy storage systems, with over 515 GW of power electronic converters installed worldwide as of December 2023. The company was established in 1997 and it excels in solar inverter research and development. The company’s extensive product range includes PV inverter solutions, energy storage systems for various applications, floating PV plant solutions, NEV driving solutions, EV charging solutions, and renewable hydrogen production systems. Sungrow’s products are supplied in over 170 countries.