Econergy Group is an independent power producer (IPP) and an active developer specializing in solar photovoltaic (PV), wind, and energy storage projects across Europe.
With a portfolio of 8.2 GW in solar and wind energy and 10.6 GWh in energy storage at the European level, the company has established itself as a significant player in the energy transition. Econergy is currently active in key European markets such as the United Kingdom, Spain, Italy, Poland, Romania, and Greece, and is now aiming to expand into new emerging markets with high potential for renewables. Eliana Horenczyk, Corporate Marketing Manager at Econergy, highlighted these ambitions in a conversation with Energía Estratégica España.
«By the end of 2024, the company expects to have 407 MW and 102 MWh of operational or grid-ready projects. In the short term, our goals are to successfully connect projects under construction, expand our development portfolio, identify new opportunities, and establish innovative financing partnerships,» she stated.
Looking to the future, Horenczyk emphasized that Econergy aims to surpass its current portfolio and strengthen its leadership in key European markets.
Technological Diversification and Innovation
Econergy is deeply committed to technological diversification and innovation, developing projects across wind, solar, and energy storage sectors. The company employs high-efficiency modules and next-generation turbines to optimize performance.
«We use high-efficiency modules from leading manufacturers, often bifacial modules, which capture light from both sides to increase energy output. Advanced technologies, such as solar tracking systems and digital platforms for monitoring and management, are a priority,» Horenczyk explained.
In wind projects, Econergy integrates state-of-the-art towers and turbines from trusted manufacturers, ensuring high performance even under moderate wind conditions. Smart management systems are also deployed for real-time monitoring and predictive maintenance.
Additionally, Econergy invests in energy storage projects using battery energy storage systems (BESS) to enhance grid stability and renewable energy integration. According to Horenczyk, BESS technology is a priority for the company, which currently has 11 GWh of projects under development, primarily in the United Kingdom and Poland, with recent expansion into the Italian market.
«In the UK, our portfolio includes 6.5 GWh of projects, both co-located with photovoltaic systems and standalone projects. We recently connected our first storage project there, Swangate, with a capacity of 102 MWh,» she added.
Strategic Presence in Italy
Italy represents a critical market for renewable energy development in Europe. Econergy has established a strong presence there with a portfolio of 140 photovoltaic and wind projects, totaling 2.1 GW of capacity, along with 2.1 GWh in storage projects.
By the end of 2025, the company plans to initiate construction on approximately 195 MW of solar PV projects. However, as Horenczyk pointed out, the Italian renewable sector, while promising, faces challenges such as lengthy regulatory processes, grid capacity limitations, and delays in connection approvals.
Econergy advocates for streamlined permitting processes, infrastructure investments to overcome these barriers, and incentives for hybrid and energy storage solutions.
«The MACSE (Market of Capacity and Storage for Energy) fosters grid stability, ensures capacity during peak demand, and facilitates renewable energy integration through long-term contracts. This approach attracts investment and benefits both the energy system and consumers,» Horenczyk concluded.
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