The Budapest Renewable Energy Exhibition RENEO2024, organized by Hungary's Hungexpo Exhibition Company, successfully concluded from April 10th to 14th. This event, gathering elites from the global renewable energy and construction industries, again became the focus of attention and a significant annual event in Hungary and the entire Central and Eastern European region.

Swatten successfully held an installation-distributor conference with our partner, Gpower, in Italy, providing a crucial platform for exploring the latest developments and cooperation opportunities in the household storage industry!

Greece's environmental landscape is undergoing significant transformation, propelled by the unveiling of a new €200 million subsidy program by the Ministry of Environment and Energy. This initiative is earmarked for residential and agricultural solar projects and small-scale energy storage systems. With households and agricultural enterprises eligible to install up to 10.8 kW solar capacities and battery storage of up to 10.8 kWh, the country is poised for a surge in renewable energy adoption.

Australia is a global leader in the battery energy storage market, with over 40GW of installed capacity. By H1 2023, residential energy storage installations reached 0.47GWh, projected to grow to 0.7GWh annually. Victoria leads in residential installations, accounting for 30% of the market, predominantly in the eastern region.

We're thrilled to announce our partnership with Bundesverband Photovoltaic Austria, dedicated to advancing renewable energy!