- Press Releases
January 3 (Renewables Now) - Sungrow Power Supply Co Ltd (SHE:300274) this weekend announced an order from Israel’s Enlight Renewable Energy Ltd (TLV:ENLT) to deliver a 430-MWh energy storage system (ESS) for a project in Israel.
Under the deal, the Chinese solar inverter maker and energy storage solution provider will supply its client with the latest version of its four-hour liquid cooled lithium-ion ESS, with 230 MWh to be used in the project’s first phase, while a 200-MWh battery will be deployed in phase two.
"We believe that the combination of Sungrow's product leadership and CATL's cell technology will provide us with the superior solution we need for our advanced solar plus battery projects, driving best-in-class plant performance," said Gilad Yavetz, CEO of Enlight.
Sungrow noted that the agreement is the largest ESS deal it has clinched in Israel to date. According to its estimates, the order will enable it to gain more than 50% of the local market in 2022.
Israel is currently working to develop an advanced solar-plus-storage system to ensure the reliability of the power grid in line with its goal of producing 30% of its electricity from renewables by 2030. Solar is expected to be the major contributor, accounting for 26%.