Emeren Group Ltd. announced the successful co-development agreement of 155 MW (up to 1.24GWh of capacity) of Battery Storage Projects in two regions of Southern Italy with Glennmont Partners from Nuveen. The partnership will involve Glennmont and Emeren jointly developing two stand-alone Battery Storage Projects in the Campania region of Southern Italy. As part of the transaction, Glennmont and Emeren will co-develop a project portfolio in Campania and Puglia with a combined capacity exceeding 150 MWp.

These projects are scheduled to enter the construction stage in late 2025 and begin operations in early 2027.