Madrid, Spain, 16 June 2026 – Sungrow, a global leader in the manufacture of renewable energy and storage solutions, and Nuveen Infrastructure, a world-leading investor across multiple sectors including renewable energy, have announced the signing of a landmark 1.32 GWh framework agreement through Nuveen Infrastructure’s portfolio companies, including Verdian.
Sungrow will supply 302 units of its PowerTitan 2.0 system and 77 medium-voltage cells (MVS) across all projects covered by the agreement. The PowerTitan 2.0 is a utility-scale energy storage technology designed to store and dispatch energy on demand, maximising the operational flexibility of each installation.
Beyond the supply of hardware, the agreement includes a comprehensive Long-Term Service Agreement (LTSA) offering a 98% system availability guarantee, extended warranties for components, annual preventive maintenance and 24/7 operational support. This agreement reinforces Nuveen Infrastructure’s clean energy strategy in
Southern Europe.
Jordi Francesch, Global Head of Asset Management at Nuveen Infrastructure Clean Energy, commented: “By equipping our portfolio companies with Tier 1 storage technology and active management tools, we are adapting our European assets to a flexible, data-driven system - turning renewable energy into a reliable, secure, and dispatchable resource.”
Javier Izcue, Vice President of Sungrow Europe and Head of Southern Europe, UK and Ireland, said: “This framework agreement with Nuveen Infrastructure represents an important step towards further accelerating the deployment of storage in Europe. Through our PowerTitan solution and a comprehensive long-term service approach, we will support projects designed to bring greater flexibility, stability and efficiency to the electricity system. We are proud to collaborate with industry leaders such as Verdian to drive the energy transition in key markets such as Spain and Italy.”
Nuveen Infrastructure: leadership and investment in sustainable
infrastructure
With over 35 years’ experience, the company invests across multiple strategies and sectors, including sustainable energy, focusing on infrastructure projects that are essential to society and aimed at generating long-term value through stable and sustainable income. In this context, the company drives investment in technologies and infrastructure that help accelerate decarbonisation and move towards a cleaner, more reliable and scalable energy system.
Sungrow: global leader in photovoltaics and energy storage
Sungrow is recognised for its strong track record, innovation and leadership in the manufacture of photovoltaic, energy storage and electric vehicle charging solutions. Furthermore, it has been ranked by BloombergNEF as the world’s most bankable brand for photovoltaic inverters.
About Sungrow
Sungrow, a global leader in renewable energy technology, has been pioneering sustainable energy solutions for over 29 years. By December 2025, Sungrow had installed 1,000 GW of power electronic converters worldwide. The company is recognised as the world’s most bankable photovoltaic and energy storage company (BloombergNEF). Its innovations drive clean energy projects worldwide, backed by a network of over 520 service points that ensure an excellent customer experience. At Sungrow, we are committed to building bridges towards a sustainable future through cutting-edge technology and unrivalled service. For further information, visit: www.sungrowpower.com
