In response to the global shift towards energy storage solutions, Metlen places batteries at the core of its strategy by signing an agreement with Jinko Solar, a leading global manufacturer in the industry. The deal involves the supply of storage systems with a total capacity of 3 GWh, addressing growing needs for new storage projects. This agreement ensures stable access to critical equipment amid fierce global competition for materials and technologies. Approximately 75% of the installed capacity will be directed to international projects, while the remaining 20–25% is earmarked for projects in Greece. Nikos Papapetrou, General Manager of Renewable Energy Sources (RES) at Metlen, emphasized during a press conference that this is not a theoretical agreement but includes ongoing construction projects scheduled for completion by year-end. By the end of 2025, it’s projected that around 1.6 GWh will be completed, with all projects targeted for installation and electrification by June 2026. All projects are fully owned and executed by Metlen, including those in Chile and Greece, with some retained under company ownership and others sold as part of an ‘Asset Rotation’ model. The collaboration highlights trust in Jinko Solar, a NYSE-listed pioneer known globally for photovoltaic solutions, further strengthening their partnership as energy storage demand rises. Energy storage remains crucial for system stability, making this strategic alliance vital for future readiness.
Metlen Signs Key Agreement with Jinko for 3 GWh Battery Supply
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in Business