Sungrow and CREC Sign Landmark 1.5 GWh Battery Energy Storage Agreement in the Philippines

The largest BESS supply agreement in Southeast Asia to date

HEFEI, China, Dec. 6, 2024 /PRNewswire/ -- Sungrow, the global leading PV inverter and energy storage system provider, announced the signing of a landmark agreement with Citicore Renewable Energy Corporation (CREC) for 1.5 GWh Battery Energy Storage (BESS). This collaboration marks the largest BESS supply agreement in Southeast Asia to date. The cutting-edge energy storage solutions will be integrated into CREC's solar power projects, enhancing the efficiency and sustainability of renewable energy in the Philippines.

Under the agreement, CREC will procure 1.5 GWh of Sungrow's state-of-the-art BESS technology, which will also be supported by engineering and construction design services to ensure seamless integration with CREC's solar facilities. 

Advancing Energy Efficiency and Grid Stability

The project features a photovoltaic installed capacity of 302MWp. During the peak period of the day, all the electricity cannot be fully transmitted to the National Grid Corporation of the Philippines (NGCP), resulting in a large amount of abandoned light. Configuring Sungrow's advanced PowerTitan2.0 energy storage system will enable the surplus electricity to be stored during the day and dispatched to the grid at night. This innovative approach minimizes energy wastage, enhances renewable energy utilization, and maximizes project investment returns.

The energy storage solution also addresses critical challenges in grid stability:

Unprecedented Delivery Timeline

Typical overseas projects usually take 6 months from signing to delivery. However, for this CREC project, the lead time is only 2 months from the agreement signing to the shipment of the 1st batch, which is almost impossible to achieve. Leveraging Sungrow's extensive expertise in delivering utility-scale projects, the PowerTitan 2.0 system, featuring an AC-DC integrated design,  underwent pre-installation and pre-commissioning for immediate grid connection on-site. Furthermore, supported by the professional project management team and delivery team, Sungrow can achieve the delivery and satisfy the customer's demand in such a 'rush hour'.

"The immediate development of battery energy storage systems is a necessary step to fulfill the maximum potential of our renewable energy facilities. With these installed together with our solar facilities, we will be able to provide needed power at any point of day or night," said CREC President and CEO Oliver Tan.  

"We are happy to support CREC in its goals to advance energy storage systems in the Philippines, and through our technology, we will be able to help CREC and the Philippines with its power needs," stated Sungrow VP of PV&ESS Shawn Shi. 

About CREC 

Citicore Renewable Energy Corporation (CREC) is a publicly listed, leading pure-play renewable energy company committed to the development and operation of solar, hydro and wind projects in the Philippines. CREC, directly and through its subsidiaries and joint venture, manages a diversified portfolio of renewable energy generation projects, engages in power project development operations, and participates in retail electricity supply. CREC is also the sponsor of the Philippine's first and largest renewable energy REIT, Citicore Energy REIT (CREIT). For more information, please visit www.crec.com.ph. 

About Sungrow 

Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 27 years. As of June 2024, Sungrow has installed 605 GW of power electronic converters worldwide. The Company is recognized as the world's No. 1 on PV inverter shipments (S&P Global Commodity Insights) and the most bankable Asian energy storage company (BloombergNEF). Its innovations power clean energy projects in over 170 countries, supported by a network of 490 service outlets guaranteeing excellent customer experience. At Sungrow, we're committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit www.sungrowpower.com. 

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Sungrow and CREC Sign Landmark 1.5 GWh Battery Energy Storage Agreement in the Philippines

Sungrow and CREC Sign Landmark 1.5 GWh Battery Energy Storage Agreement in the Philippines

VUNG TAU, Vietnam, Dec. 26, 2024 /PRNewswire/ -- Meliá Ho Tram Beach Resort, a premier beach destination in Vietnam, invites international visitors to experience an unforgettable vacation this holiday season. Located just a 2-hour drive from Ho Chi Minh City, this resort blends Mediterranean sophistication with Vietnamese elegance.

Upon arrival at the lush 31-hectare coastal haven, you'll find an immersive experience where refined design meets natural beauty. From the moment you board the complimentary shuttle or airport transfer from Ho Chi Minh, you'll be immersed in an ambiance of tranquility and luxury.

The resort, surrounded by over 1,800 coconut palms and more than 10,000 square meters of tranquil lakes, features 152 stylish rooms with lake or sea views and 86 luxurious The Level villas with private pools and terraces. The Level guests enjoy exclusive benefits like personalized check-in, access to a private lounge and pool, a pillow menu and more.

Dining at Meliá Ho Tram is a culinary delight. SASA offers a diverse array of Asian cuisines, while MUá»I specializes in exquisite Vietnamese dishes crafted from fresh, local ingredients. BREEZA BEACH CLUB serves Mediterranean cuisine with live music and themed events, and ELYXR CAFÉ provides a peaceful setting for light refreshments. The resort's ALL-INCLUSIVE package enriches your stay with full access to amenities, activities, and dining.

The resort offers a wealth of activities. Enjoy exciting poolside activities with direct beach access or embark on a unique adventure with an underwater scooter or electronic keyboard. Stay active with state-of-the-art equipment at the 24-hour FITNESS CENTER/Sports courts (tennis, basketball and pickleball) or enjoy water sports activities. Explore the expansive resort grounds on a bike, taking in the picturesque landscapes and tranquil settings. Engage in unique experiences like exploring WILLOW'S FARM, where you can plant, fish, cook, or feed animals. Young guests will find endless fun and learning opportunities in KIDSDOM (Kids Club), with activities like crafts, and more. As evening falls, enjoy sunset moments with cocktails, bonfires and marshmallow roasts, live music performances, and open-air movies. Don't miss the vibrant POOL PARTY every Saturday (for adults from 12 years old), where cocktails, light finger foods, live music, and fun games add an energetic flair to your stay.

For events and conferences, Meliá Ho Tram offers fully equipped, a lavish ballroom and modern meeting spaces. The resort's outdoor areas, such as the Beach Garden and Lake Garden, provide beautiful settings ideal for various types of events, including weddings, engagements and anniversaries.

For ultimate relaxation, the YHI SPA is a tranquil retreat featuring a wide range of treatments, a sauna, steam bath, and a nail and hair salon. Guests can also choose from indulgent 4-step and 7-step WELLNESS packages to rejuvenate your body and spirit or stroll along the WELLNESS PATHWAY, inspired by forest bathing, for a serene escape. For villa guests, enhance your stay with our WELLNESS IN-VILLA amenities, including meditation essentials, yoga gear, a Vitamin C showerhead, and body mist, all designed for relaxation and balance.

The resort is also pet-friendly, welcoming your furry companions to share in luxury and relaxation. The resort offers a dedicated pet park for play and socialization, along with convenient in-room dining and a range of amenities to ensure your pets' comfort. Explore the beautiful grounds on a specially designed pet pathway.

With its stunning surroundings, exceptional amenities, and a wealth of activities, Meliá Ho Tram Beach Resort offers an exclusive and unforgettable escape, setting a new standard for elegance and tranquility in Vietnam.

Contact us:

Media Contact: [Nguyen Mai-Tea], [nguyen.mai@melia.com]

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Discover Vietnam's Hidden Gem: Coastal Retreats at Meliá Ho Tram Beach Resort