Will Enlight & Sungrow supply 430 MWh energy storage system in Israel?

Enlight and Sungrow have signed an agreement to supply 430 MWh energy storage system in Israel in one of the largest storage projects to be installed

Why is Sungrow launching a solar energy storage business in Israel?

James Wu, Vice President of Sungrow also commented, “The advanced liquid cooled ESS technologies we offer make it easier for our customers to turn more solar energy into assets. Israel is the key market for Sungrow to expand the global business. The booming of renewable energy entails a broader trajectory for energy storage development.

How much does a solar-plus-storage project cost in Israel?

The projects selected in this solar-plus-storage tender were awarded a final price of ILS0.1745/kWh ($0.0562) and will have to begin delivering power to the Israeli grid by July 2023. This content is protected by copyright and may not be reused.

How can Israel achieve a high percentage of solar usage?

To reach such a high percentage of solar usage, Israel is currently aiming to develop an advanced solar-plus-storage system to ensure a stable and reliable electricity grid.

How will solar power impact Israel's Energy Future?

Last year the Israeli government introduced its goal of generating 30% of its electricity needs via renewables by 2030. Solar PV is expected to contribute to most of it, corresponding to 26% of Israel's renewable electricity in 2030, indicating 12 GW to 15 GW of new PV installations in the coming decade.

What is the ESS agreement in Israel?

The contract is the largest ESS agreement signed to date in Israel, bolstering the country’s energy transition and marking a massive scale-up in installations for the newly launched system. Last year the Israeli government introduced its goal of generating 30% of its electricity needs via renewables by 2030.