Sungrow Power Supply(SZ:300274) 中关村储能产业技术联盟·2025-07-28 12:26Core Viewpoint - Sunotec has signed an agreement with Sungrow to deploy a 2.4GWh energy storage system in Bulgaria and other European markets, marking Sungrow's entry into the Bulgarian market for energy storage technology [1][3]. Group 1: Project Details - The project includes both independent power stations and hybrid solar-storage power stations, with some projects receiving support from Bulgaria's national funding program RESTORE [1]. - Sungrow will provide the PowerTitan 2.0 energy storage system and inverters, which will be integrated with Sunotec's project portfolio [1]. Group 2: Strategic Importance - Sunotec's CEO emphasized that the collaboration reflects a shared vision for leading a new chapter in clean energy [3]. - Sungrow's regional director highlighted that this partnership is a crucial step in accelerating the deployment of clean energy in Bulgaria and Europe [3]. Group 3: Market Expansion - Sunotec's agreement aligns with its strategy to transition towards flexible and storage-based photovoltaic infrastructure, having built over 11GW of photovoltaic projects to date [4]. - Since 2025, Chinese energy storage companies have shown strong momentum in expanding overseas, with Europe being a key market, accounting for 12% of the global outbound orders from Chinese storage companies, which exceeded 22GWh in the first half of 2025 [4]. Group 4: Additional Projects - Sungrow has secured one of the largest energy storage projects in Latin America, utilizing the PowerTitan 2.0 liquid-cooled battery storage system [5]. - In the commercial storage sector, Sungrow has established a strategic distribution partnership with PM Service S.p.A. in Italy, which includes the purchase of 100 PowerStack commercial liquid-cooled storage systems [5]. - Sungrow has signed a letter of intent for the Red Sands BESS project in South Africa, providing a 153MW/612MWh project with the PowerTitan 2.0 system and a 15-year service agreement [6].