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 battery energy storage system 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.
