Emeren and Arpinge Close Final 162 MW of 462 MW Battery Storage Portfolio Under Development Service Agreement in Italy
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Emeren Group Ltd (NYSE: SOL) has closed the final 162 MW of its 462 MW Battery Energy Storage System portfolio under a Development Service Agreement with Arpinge in Italy.
December 23, 2024 | 11:15 am
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Emeren Group Ltd has successfully closed the final 162 MW of its 462 MW Battery Energy Storage System portfolio in Italy, marking a significant milestone in its partnership with Arpinge.
The completion of the battery storage portfolio is a positive development for Emeren, indicating progress in its renewable energy projects and partnerships. This could enhance investor confidence and potentially lead to a positive short-term impact on SOL's stock price.
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