Emeren up on sale of battery storage portfolio in Italy

Emeren

09/11/2023 14:00

** Shares of solar project developer Emeren Group  SOL.N 
rise 1.2% to $2.5 premarket
    ** Co sells five Battery Energy Storage Systems (BESS) in
Italy to Matrix Renewables
    ** Projects have cumulative capacity of 3,787 megawatt-hour
(MWh) 
    ** As of last close, stock down ~45% YTD 
    

 (Reporting by Mrinalika Roy in Bengaluru)
 ((mrinalika.roy@thomsonreuters.com;))