Emeren Group, a global solar project developer, announced a Development Service Agreement (DSA) partnership for a portfolio comprising five Battery Energy Storage Systems (BESS) in Italy with PLT energia Srl.
This transaction marks a significant milestone in the development of an impressive 394 MW BESS portfolio, said Yumin Liu, CEO of Emeren Group.
Stefano Marulli, CEO of PLT energia, said: “PLT pursues a project portfolio with the right balance of technologies. Battery Storage will play a key role in the installation of new renewable plants and the stability of the power grid.”