Emeren Group Sells a 410 MW Battery Energy Storage Portfolio in Italy
STAMFORD, Conn. , Nov. 9, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") ( www.emeren.com ) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced the successful sale of a state-of-the-art portfolio comprising five Battery Energy Storage Systems (BESS) in Italy to Matrix Renewables ("Matrix").
- STAMFORD, Conn. , Nov. 9, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") ( www.emeren.com ) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced the successful sale of a state-of-the-art portfolio comprising five Battery Energy Storage Systems (BESS) in Italy to Matrix Renewables ("Matrix").
- This achievement represents the second collaborative deal between Emeren and Matrix, signifying substantial growth in the partnership and reinforcing Emeren's position as a leading entity in the renewable energy sector.
- The entire portfolio is strategically located in the Italian southern region of Apulia, significantly enhancing the regional energy infrastructure.
- The acquisition of the 410 MW BESS portfolio significantly advances our mission to reshape the energy landscape and fortify the resilience of the power grid."