Today’s renewable energy news includes announcements on Sungrow Battery Storage, Altus Power, Juniz, among others.
Saudi Arabia Connects 7.8 GWh of Sungrow Battery Storage to the Grid
Saudi Arabia has connected 7.8 GWh of battery energy storage capacity supplied by Sungrow to the national grid, marking one of the world’s largest grid-scale storage deployments. The project utilises advanced lithium-ion battery technology with sophisticated power conversion and energy management systems to deliver fast-response grid services. Innovation is evident in the scale of deployment and integration of storage to support high renewable penetration and peak demand management. From an investment perspective, the milestone reflects substantial capital mobilisation into long-duration grid infrastructure. Consumer benefits include enhanced grid reliability, reduced outage risk, and more efficient use of solar generation. Strategically, the deployment supports Saudi Arabia’s Vision 2030 goals to diversify the energy mix. The project underpins clear growth plans, positioning the Kingdom to scale renewable and storage capacity while strengthening long-term energy security.
Altus Power Acquires 234-MW US Solar and Storage Portfolio
Altus Power has acquired a 234-MW portfolio of solar and energy storage assets in the United States, expanding its distributed clean energy platform. The assets combine proven solar PV technology with battery energy storage systems, enabling flexible, reliable power supply. Innovation lies in integrating storage with distributed solar to optimise onsite consumption, manage peak demand, and enhance resilience for commercial and community customers. From an investment perspective, the acquisition represents significant capital deployment into operating, revenue-generating assets with long-term contracts. Consumer benefits include access to lower-cost, clean electricity, improved reliability, and reduced exposure to grid volatility. Strategically, the deal aligns with Altus Power’s focus on scaling distributed solar-plus-storage solutions. The acquisition underpins clear growth plans, strengthening Altus Power’s US footprint and accelerating expansion across the commercial, industrial, and community solar markets.
Juniz Acquires Rights to 250-MW Energy Storage Project in Germany
Juniz has acquired the development rights for a 250-MW battery energy storage system (BESS) project in Germany, advancing its presence in Europe’s growing storage market. The project will deploy advanced lithium-ion battery technology to provide fast-response services, grid balancing, and peak-shaving capabilities. Innovation is reflected in scaling large storage assets to support higher renewable penetration and enhance system flexibility. From an investment perspective, the acquisition secures a pipeline project with strong revenue potential once operational. Consumer benefits include improved grid reliability, more efficient renewable integration, and reduced electricity price volatility. Strategically, the project aligns with Juniz’s focus on expanding utility-scale energy storage in key European markets. The rights acquisition underpins clear growth plans, positioning Juniz to develop, finance, and commission a significant BESS asset in Germany.
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