Emeren Group Signs an Agreement to Develop Battery Energy Storage Systems in Italy
Portfolio Pulse from Benzinga Newsdesk
Emeren Group Ltd (NYSE:SOL) has partnered with Matrix Renewables to develop up to 1.5 GW of Battery Energy Storage Systems (BESS) in Italy. The first portfolio includes over 260 MW of standalone BESS projects.
June 27, 2023 | 10:04 am
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Emeren Group's partnership with Matrix Renewables to develop BESS in Italy could boost its position in the renewable energy market.
The partnership with Matrix Renewables allows Emeren Group to expand its renewable energy portfolio and tap into the growing demand for battery energy storage systems. This could lead to increased revenues and a stronger market position for the company.
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