Emeren Sells 57 MWp Solar Project Portfolio To Trina Solar For Terms Undisclosed, Expanding Renewable Energy In France
Portfolio Pulse from Benzinga Newsdesk
Emeren Group Ltd has sold a 57 MWp solar project portfolio to Trina Solar's French subsidiary. The sale includes five projects at various stages and may incorporate Battery Energy Storage Systems. This transaction strengthens Emeren's position in renewable energy in Europe.
September 30, 2024 | 10:06 am
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Emeren Group Ltd has sold a 57 MWp solar project portfolio to Trina Solar, which may enhance Emeren's reputation and financial position in the renewable energy sector.
The sale of the solar project portfolio to Trina Solar is a significant transaction for Emeren, indicating successful project development and potential financial gains. This move aligns with Emeren's strategy to expand its renewable energy footprint in Europe, which could positively impact its stock price.
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