An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Ameresco and Sunel Join Forces to Bid EPC PV Solar and BESS Projects Exceeding 1,5 GWp
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Ameresco, Inc. (NYSE: AMRC) has formed a strategic alliance with Sunel Group to bid on renewable energy projects totaling over 1.5 GWp across the UK, Greece, Italy, Spain, and Romania.
The partnership has already been awarded the ‘Delfini’ solar project in Greece, with a capacity of 100 MWp and a projected contract value of over $500M USD.
This collaboration focuses on enhancing renewable energy solutions and aims to significantly reduce carbon emissions while providing grid stabilization services through battery energy storage systems.
Positive
Strategic alliance expected to bid on over 1.5 GWp of new renewable projects.
Awarded contract for the 100 MWp 'Delfini' solar project in Greece.
Estimated contract value for new projects exceeds $500M USD.
Combination of Ameresco and Sunel's expertise enhances project delivery capabilities.
Negative
None.
The strategic alliance aims to accelerate utility scale renewable generation and redefine performance standards.
FRAMINGHAM, Mass. & ATHENS, Greece--(BUSINESS WIRE)--
Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy and Sunel Group, an international developer and EPC contractor for energy projects, have joined forces to bid projects exceeding 1,5 GWp in the United Kingdom, Greece, Italy, Spain and Romania.
Ameresco, Inc. and Sunel Group have established Ameresco Sunel Energy S.A., which has already been selected by Cero Generation, a leading European solar energy developer, as the contractor for “Delfini”, a 100MWp solar photovoltaic (PV) project in Greece, currently in the construction phase.
The 1,5 GWp of new projects that are currently in the bidding phase are expected to exceed $500M USD in contract value. The partnership combines Ameresco and Sunel’s extensive experience in engineering, procurement, construction, operation and maintenance of large scale photovoltaic and battery energy storage projects. Together, they aim to offer comprehensive solutions that will generate added value to project investors.
The projects that will be constructed will make a significant contribution to reducing carbon emissions and increasing the share of renewable energy across Europe’s electricity grid. The solar component of these projects will generate clean electricity while the battery energy storage systems will provide grid stabilization services to improve the reliability and resilience of the grid.
“We are excited to partner with Sunel to participate in these tenders and deliver these transformative projects across Europe,” said George P. Sakellaris, Ameresco’s Chairman and CEO. “As a leading provider of clean energy solutions, we are committed to supporting our customers in achieving their sustainability goals. As we continue to accelerate our European growth strategy, these projects are a testament to our capabilities in delivering large scale renewable energy projects."
"We are delighted to join forces with Ameresco on these projects" said Konstantinos Zygouras, Sunel's CEO. "We share the same commitment to sustainability and the transition to a low-carbon economy, and we look forward to working together to deliver world-class renewable energy projects that will benefit the local community and the environment."
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients throughout North America and Europe. Ameresco’s sustainability services in support of clients’ pursuit of Net Zero include upgrades to a facility’s energy infrastructure and the development, construction, and operation of distributed energy resources. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and Europe. For more information, visit www.ameresco.com.
About SUNEL Group
SUNEL Group is an international EPC contractor and Developer. Founded in 2006 by Greek stakeholders, the group has won the trust of the international investment community by its professionalism, reliability, efficiency, and work ethic, thus creating a strong and recognizable brand. Since 2012, Sunel has been rapidly expanding, by establishing operational centers in Athens, London, Valencia, Dubai and Istanbul. It has operated on 4 continents and has implemented to date 500+ projects, with a total capacity of over 1,000 MWp in Greece, Cyprus, Turkey, United Kingdom, France, Spain, the Ukraine and the United Arab Emirates. It is currently constructing projects in Greece, Cyprus, Denmark, Spain, United Kingdom, Malawi and Chile, of a total capacity exceeding 400 MWp. For the next 5 years SUNEL is planning to develop solar projects of over 2.000 MWp, in cooperation with strategic investors. For more information, visit www.sunelgroup.com.
What is the new partnership between Ameresco and Sunel Group?
Ameresco and Sunel Group have formed a strategic alliance to bid on renewable energy projects exceeding 1.5 GWp in several European countries.
What is the expected contract value of the new projects announced by Ameresco?
The partnership anticipates that the new projects will exceed $500 million USD in contract value.
Where is the 100 MWp 'Delfini' solar project located?
The 'Delfini' solar project is currently under construction in Greece.
What are the benefits of the Ameresco and Sunel Group partnership?
The partnership aims to accelerate renewable energy generation and reduce carbon emissions while improving grid reliability through battery energy storage.
What countries are involved in the Ameresco and Sunel Group projects?
The projects span the UK, Greece, Italy, Spain, and Romania.
