Nala Renewables expands its energy storage portfolio with a further four battery energy storage systems

Nala Renewables Ltd (“Nala Renewables”), a global power and renewable energy investment and development platform has expanded its portfolio of battery energy storage systems (“BESS”) to include four new projects under development in New York State.

Nala Renewables is developing four new BESS projects located in New York ISO Zone K (Long Island), through a development services agreement with New York-based power and infrastructure developer Rhynland Energy. The companies are working together with the aim to bring into construction a total expected storage capacity of up to 280MW by mid-2024. The sites have been procured, and interconnection and entitlement work has commenced.

Nala Renewables, headquartered in the United Kingdom and jointly owned by IFM Investors and Trafigura, has built its presence in six countries since its inception and sees the United States as a growth market in its expansion plans. The portfolio is part of Nala Renewables’ broader energy storage strategy which has recently seen it initiate construction of a 25MW BESS project, one of the largest projects of its kind in Belgium.

“The projects will provide storage capacity that will help New York State meet its climate goals while ensuring local reliability,” said Jasandra Nyker, CEO of Nala Renewables.

“Rhynland Energy is very pleased to be working with Nala Renewables, which is owned by two world-class energy investors, on BESS projects that will help provide much needed dispatchable capacity on Long Island and will support the development of renewable resources in New York State,” said Gus Hadidi, Managing Director, Rhynland Energy.

‍

For further information please contact:

Nala Renewables Press Office

Tel: +44 (0) 7353 969 045

Email: media@nalarenewables.com

About Nala Renewables:

Nala Renewables is a global power and renewable energy platform and an independent power producer focused on solar, wind and battery storage projects. Nala is a joint venture between Trafigura, one of the world’s leading independent commodity trading companies, and funds managed by IFM Investors.

Founded in 2020, Nala Renewables has grown its operational,i n-construction and development portfolio of renewable energy projects to around3GW of cumulative capacity. The vision is to continue to create shareholder value by involvement across the value-chain in developing, building, operating and investing in high quality solar, onshore wind and battery storage projects across core markets.

Visit: Nala Renewables

About Sungrow

Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 28 years. As of June 2025,Sungrow has installed 870 GW of power electronic converters worldwide. The company is recognised as the world's most bankable PV inverter and energy storage company (BloombergNEF). Its innovations power clean energy projects across the globe, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we're committed to bridging to a sustainable future through cutting-edge technology and unparalleled service.

Visit: www.sungrowpower.com.

About KSBR (Keski-Suomen Betonirakenne Oy):

KSBR is a trusted expert in delivering the most demanding energy, infrastructure, and industrial projects in the Nordic countries. With a strong focus on safety, quality, and humanity to ensure that a sustainable future becomes a reality. Our main goal is that the results of our work speak for themselves in terms of quality.

Visit: https://ksbr.fi/en/

‍