Renewables Now – Ameresco, Sunel Team up to Bid on 1.5 GWp of Solar, Storage Projects

US energy efficiency and renewables company Ameresco Inc (NYSE:AMRC) and EPC contractor Sunel Group have agreed to jointly bid on 1.5 GWp of solar and energy storage projects in the United Kingdom, Greece, Italy, Spain and Romania.

For this purpose, the two partners have set up a joint business — Ameresco Energy Hellas S.A., which has already been contracted to build the 100-MWp Delfini solar photovoltaic (PV) plant in Greece.

The contract value of the new projects is estimated at more than USD 500 million (EUR 454.46m).

By combining their expertise in engineering, procurement, construction, operation and maintenance of large-scale solar and battery energy storage projects, Ameresco and Sunel seek to offer solutions that provide added value to project investors.

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