Sungrow Renewable Italy acquires two utility-scale BESS project companies from Greenfield Group
Type: Acquisition · Technology: Storage · Country: Italy · Capacity: 177 MW · Announced: 2026-10-01
Sungrow Renewable Italy acquired from Greenfield Group two companies that own two utility-scale battery energy storage system (BESS) projects with a combined power of 177 MW and an energy capacity of about 708 MWh based on four hours of storage. The projects are located in Lombardy and Veneto, with the Veneto project described as Ready-to-Build and the Lombardy project expected to reach Ready-to-Build status in the coming months. Sungrow Renewable Italy is part of the Sungrow Group and focuses on development and investment in renewable projects including PV and BESS, expanding Sungrow's development pipeline in northern Italy. The transaction increases Sungrow's utility-scale storage footprint in Italy and secures near-term construction-ready capacity in Veneto while adding additional capacity in Lombardy once its development milestones are met. No financial consideration or project names were disclosed in the article.
Counterparties
- Sungrow Renewable Italy (Buyer)
- Greenfield (Seller)
- Sungrow (Parent Company)
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