Sungrow has partnered with KTISTOR Energy to advance Greece's first 105MWh PowerTitan 2.0 BESS Project

· Sungrow Teams Up with KTISTOR Energy for the First Installation of PowerTitan 2.0 in Greece

· Four Key Energy Storage Projects in Northern and Central Greece, with a Combined Capacity of 105 MWh

· Deployment Scheduled for Summer 2025

Athens, Greece, December 16, 2024 – Sungrow, a global leader in PV inverters and energy storage solutions, has entered into a strategic partnership with KTISTOR Energy for the deployment of its state-of-the-art PowerTitan 2.0 liquid-cooled Battery Energy Storage System (BESS) in Greece. KTISTOR Energy, a prominent construction company with expertise in renewable energy projects, will oversee the implementation of these innovative energy storage systems across four key locations in Northern and Central Greece. This collaboration marks the first use of the PowerTitan 2.0 in Greece and will play a crucial role in bolstering the country's grid stability while supporting its renewable energy transition goals.

The four energy storage projects covered by this agreement will be spread across the Greek regions of Northern and Central Greece. Two of the projects will be operated under the country’s ESS Tender scheme, while the other two will participate in the free market. The projects include:

· Dokos Project in Rodopi: 8.875 MW capacity for 2 hours, with an initial usable storage capacity of 25.065 MWh.

· Petra Project in Kozani: 7.8 MW capacity for 2 hours, offering an initial usable storage capacity of 20.055 MWh.

· Agia Anna Project in Viotia: 7.8 MW capacity for 3 hours, with an initial usable storage capacity of 30.09 MWh.

· Agia Anna II Project in Viotia: 7.8 MW capacity for 3 hours, with an initial usable storage capacity of 30.09 MWh.

In total, these projects will feature a combined energy storage capacity of 105 MWh, powered by Sungrow’s advanced PowerTitan 2.0 BESS. The delivery of the energy storage systems is scheduled for the summer of 2025, demonstrating Sungrow’s capacity for quick and efficient logistics in meeting customer demands for customized energy storage solutions.

The PowerTitan 2.0 is designed for grid-forming applications, offering superior flexibility, resilience, and efficiency. With its liquid-cooled technology, the system ensures optimal thermal management, prolonging the lifespan of the equipment and reducing operating costs. Additionally, the system’s smart AC-DC block architecture facilitates rapid deployment and seamless adaptation to projects of varying scales. Sungrow's extensive experience in energy storage positions the company as a key enabler of the global transition to renewable energy.

George Fakidis, Owner of KTISTOR Energy, expressed his enthusiasm about the partnership: “We are excited to partner with Sungrow on the deployment of the groundbreaking PowerTitan 2.0 BESS in Greece. KTISTOR Energy is deeply committed to advancing sustainable and resilient energy solutions, and this collaboration will further our efforts to enhance grid stability and accelerate the adoption of renewable energy. By leveraging cutting-edge technology, we are working toward a cleaner, greener energy future for Greece.”

Anastasios Gkinis, Regional Director of Sungrow for Southeast Europe (SEE), Central and Eastern Europe (CEE), and the Commonwealth of Independent States (CIS), added, “We are honored by KTISTOR Energy’s trust in Sungrow’s innovative technology and our team’s dedication to supporting these landmark projects. The deployment of PowerTitan 2.0 in Greece will significantly contribute to the country’s energy transition and enhance grid stability. As battery energy storage systems become an essential component of renewable energy development, Sungrow is committed to driving this transformation in collaboration with our partners.”

This partnership represents another significant step in Sungrow’s ongoing efforts to lead the renewable energy revolution in Europe. With its reliable and efficient solutions, Sungrow is poised to help drive the growth of sustainable energy infrastructure, supporting the transition to a cleaner, more resilient energy future worldwide.