Solar project developer Emeren Group Ltd. has entered into a co-development agreement with clean energy investors Glennmont Partners from Nuveen, Emeren announced March 15. The partnership will establish 155 megawatts (MW) of battery storage projects in Southern Italy.
Glennmont and Emeren will jointly develop 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 MW peak. Construction will begin late 2025 with operations beginning early 2027.
Recommended Reading
TotalEnergies Eyes Suriname FID by Year-end 2024
2024-04-29 - France’s TotalEnergies and U.S. partner APA Corp. look to place their long lead orders ahead of a final investment decision related to their joint development offshore Suriname in Block 58.
Keeping it Simple: Antero Stays on Profitable Course in 1Q
2024-04-26 - Bucking trend, Antero Resources posted a slight increase in natural gas production as other companies curtailed production.
Range Resources Holds Production Steady in 1Q 2024
2024-04-24 - NGLs are providing a boost for Range Resources as the company waits for natural gas demand to rebound.
BP Pursues ‘25-by-‘25’ Target to Amp Up LNG Production
2024-02-15 - BP wants to boost its LNG portfolio to 25 mtpa by 2025 under a plan dubbed “25-by-25,” upping its portfolio by 9% compared to 2023, CEO Murray Auchincloss said during the company’s webcast with analysts.
Mitsubishi Makes Investment in MidOcean Energy LNG
2024-04-02 - MidOcean said Mitsubishi’s investment will help push a competitive long-term LNG growth platform for the company.