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Emeren & Arpinge Complete 162 MW Battery Storage Project in Italy
SOLEmeren(SOL) ZACKS·2024-12-27 19:26

Emeren Group Ltd. (SOL) closed the second phase of its Battery Energy Storage System (BESS) portfolio, as part of the Development Service Agreement (DSA) with Arpinge. The second phase consists of two standalone projects in Sicily, Italy, which brought an additional 162-megawatt (MW) or 1.4-gigawatt hour (GWh) of generation capacity, contributing to the DSA’s total portfolio of 462 MW.Emeren’s Expansion Plans in EuropeThe increasing adoption of clean energy is strengthening the energy storage market across ...