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  • Enery Launched in Commercial Operation the Sarmasag PV Power Plant in Romania with 51.4 MWp Capacity and 22 MWh battery energy storage system (BESS)

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    /BUCHAREST, October 22, 2024, 9:00 GMT, ENERY/ Enery proudly announces the official inauguration of its newest photovoltaic (PV) power plant in Sărmășag, Sălaj County, Romania. With an installed capacity of 51.4 MWp, the Sărmășag PV plant is set to generate 64.8 GWh of clean energy annually, powering approximately 38,270 households and contributing to significant CO2 emissions savings of 16,208 tonnes annually. A key feature of the plant is its 22 MWh battery energy storage system (BESS), which will be fully operational by the end of the year. The system includes 11 containers, each with a 2 MWh capacity, along with a dedicated transformer, providing excellent grid stability and enhancing the reliability of renewable energy.

  • SMA Solar Technology AG Announced an Increase in Sales and Earnings in 2022 and Expects Positive Results for 2023

    /NIESTETAL, GERMANY, March 13, 2023, 11:15 GMT, SMA/ Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92) has presented provisional, non-audited figures for 2022 as a whole. The figures report that SMA group sales rose by 8.4% year on year to €1,065.9 million (2021: €983.4 million) despite pronounced procurement supply shortages. Earnings before interest, taxes and depreciation (EBITDA) increased significantly to €70.0 million from €8.5 million in the 2021 fiscal year. This corresponds to an EBITDA margin of 6.6% (2021: 0.9%).

  • Sunly Starts Construction Works on Three Large-Scale Solar Photovoltaic (PV) Power Plants in Latvia with a Total Capacity of 225 MW

    Sunly Starts Construction Works on Three Large Scale Solar Photovoltaic PV Power Plants in Latvia with a Total Capacity of 225 MW small

    /TALLINN, ESTONIA, November 1, 2024, 9:00 GMT, Sunly/ This autumn, the renewable energy company Sunly started work on three large solar park projects in Latvia, with a combined capacity reaching 225 MW. These projects will be capable of meeting the annual electricity consumption of over 118.000 households. The parks are planned to be developed in the Valmiera, Krāslava, and Madona regions. Work has already begun on the first project in Valmiera Municipality, where a 54 MW solar park will be developed near Matīši village. Simultaneously, work has commerced on a substation for a 90 MW solar park in Dagda Parish, Krāslava Municipality.

  • The Romanian Ministry of Energy has Reissued Two Tenders for Solar Photovoltaic Technology and Battery Storage with a Combined Budget of €278 Million

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    /LONDON, February 8, 2024, 10:00 GMT, RENEWABLE MARKET WATCHTM/ The Ministry of Energy in Romania has announced the relaunch of a competitive call for tender for battery storage projects. The objective of the call is to put into operation a minimum of 240 MW of electricity storage in batteries, which equals 480 MWh, by June 30, 2026. The aim is to contribute to Romania's National Recovery and Resilience Plan (NRRP) objectives. The call for tender is now open until March 21, 2024. The Ministry's announcement on February 8 stated that the battery energy storage system (BESS) facilities would have a duration of two hours and would be used for the grid integration of renewable energy. The Ministry has issued a technical guide for selection criteria, which includes funding for equipment, installation, and construction of BESS.

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