MOL Group has inaugurated a 37.4 MWp solar park and an associated battery energy storage system at its Algyő site in Hungary, strengthening the company’s renewable energy portfolio, energy independence and electricity supply flexibility. The storage system has 20 MW of nominal power and 40 MWh of capacity.
Sungrow, a leading PV inverter and energy storage system (ESS) provider, and Masdar, a global clean energy leader, have signed an agreement for the supply of energy storage system and PV inverter solutions for the UAE's world-first gigascale round-the-clock renewable energy project (RTC).