The agreement with BYD Energy Storage strengthens our commitment to developing and executing energy storage projects, which are essential for maximizing the integration of renewable energy. The contract for these two projects in Poland is the largest we have signed in Europe to date, which clearly reflects the strategic importance we place on this technology and our ambition to remain one of the leading players in energy storage, commented João Manso Neto, CEO of Greenvolt Group.
This collaboration with BYD Energy Storage is part of a broader effort to deploy BESS projects – in which Greenvolt holds a total pipeline capacity of 2.6 GW – with the company actively exploring additional investment opportunities across other markets.
Greenvolt Power continues to reinforce its leadership in large-scale energy storage, and this agreement marks a significant step forward in delivering our pipeline of projects. Beyond its technological advantages, energy storage is also a key driver of long-term feasibility and profitability for our investments - added Radek Nowak, CEO of Greenvolt Power.
The first phase of the contract, which has already started, involves the construction of power substation infrastructure. Deliveries for both projects will begin in Q4 2025, with completion scheduled for Q1 2026.
Through its collaboration with BYD Energy Storage, Greenvolt Group is successfully expanding its energy storage projects in Europe while strengthening the Polish renewable energy market. The deployment of new BESS projects will enhance grid stability, support the integration of renewables, and contribute to the long-term resilience of the energy market.
Greenvolt Group has a longstanding presence in Poland, with nearly 18 years in the Utility-Scale sector through what is now Greenvolt Power, overseeing the development of Wind, Solar, and Energy Storage projects. Last year, it also launched Greenvolt Next Polska to drive decentralized renewable energy solutions for self-consumption, energy efficiency, solar storage, and electric mobility in the B2B market.
