Engie SA (FR:ENGI) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
ENGIE SA has reached a significant milestone with 500 MW of battery storage capacity across Europe, following the selection of its 100 MW Battery Energy Storage System project in Belgium’s Capacity Remuneration Mechanism auction. This development underscores ENGIE’s commitment to enhancing energy reliability and supports the transition towards renewable energy sources, as the company aims for 10 GW of battery capacity worldwide by 2030.
For further insights into FR:ENGI stock, check out TipRanks’ Stock Analysis page.