Emeren Group rises on agreement to develop battery storage projects

Emeren

15/03/2024 14:46

** Shares of solar project developer Emeren Group  SOL.N  up
3.9% at $1.92
    ** Co announces co-development agreement of 155 MW of
battery storage projects in two regions of Southern Italy with
Glennmont Partners from Nuveen
    ** Projects are scheduled to enter the construction stage in
late 2025 and begin operations in early 2027
    ** Including sessions move, shares down 29.5% YTD

 (Reporting by Tanay Dhumal in Bengaluru)
 ((Tanay.Dhumal@thomsonreuters.com; 
Twitter: https://twitter.com/TanayDhumal))