2023-06-27 06:22:42 ET
- Emeren Group ( NYSE: SOL ) collaborates with Matrix Renewables, the TPG Rise-backed global renewable energy platform.
- The partnership aims to execute a proprietary Development Service Agreement (or DSA) for the development of up to 1.5 GW of a portfolio of Battery Energy Storage Systems (BESS) in Italy.
- The first portfolio of projects delivered and accepted by Matrix includes over 260 MW of standalone BESS projects.
- This new collaboration is expected to open a new capacity market auction in late 2023 to boost the solar storage output in the country.
For further details see:
Emeren Group to develop battery energy storage systems in Italy