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Sunotec, Shell seal cross-border hedge for 600+ MWh battery storage
In a double announcement, Bulgarian energy storage and solar developer Sunotec confirmed two major milestones: the signing of a cross-border spread hedge agreement with Shell, linked to more than 600 MWh of battery energy storage projects, and the official signing of a 2.4 GWh battery storage supply agreement with Sungrow.
Nov 04, 2025
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Another 1.4 GWh of US energy storage, $350m of battery-related investment
Utility Georgia Power is forging ahead with plans for battery energy storage systems (BESS), Canadian Solar-owned Recurrent Energy has secured $825m for a storage project and a solar site, and developer and battery materials firm Redwood Materials has attracted new investment.
All Supply chain news
Sunotec, Shell seal cross-border hedge for 600+ MWh battery storage
In a double announcement, Bulgarian energy storage and solar developer Sunotec confirmed two major milestones: the signing of a cross-border spread hedge agreement with Shell, linked to more than 600 MWh of battery energy storage projects, and the official signing of a 2.4 GWh battery storage supply agreement with Sungrow.
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Another 1.4 GWh of US energy storage, $350m of battery-related investment
Utility Georgia Power is forging ahead with plans for battery energy storage systems (BESS), Canadian Solar-owned Recurrent Energy has secured $825m for a storage project and a solar site, and developer and battery materials firm Redwood Materials has attracted new investment.
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Jinko: Italy’s MACSE auction reflects bets on supply chain deflation, compressed IRRs
Jinko Power's country manager for Italy has told pv magazine Italia the €12,000 ($14,000) per megawatt-hour, per year to €15,000/MWh/year price for storage set in Italy's Mercato a termine degli stoccaggi (MACSE) auction does not reflect current European project prices. Rather, bidders are betting on continuing price falls, Felice Lucia said.
Eastern Europe: First hybrid PPA, 2 GWh battery supply deal
The region saw two major announcements in the past week: one concerning what is described as the first hybrid power purchase agreement (PPA) to include green electricity supply from a newly built solar power plant with a battery energy storage system (BESS), and another involving a substantial supply deal between China’s Hithium and Sofia-headquartered Solarpro Holding.
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