Entech SA ( (FR:ALESE) ) has shared an announcement.
Entech SA has secured a landmark contract exceeding €30 million for the installation of battery energy storage systems across multiple sites in France, intended for a French energy sector operator. This initiative will enhance the client’s real estate by providing frequency regulation services to the medium voltage power grid, marking a significant achievement for Entech’s operational and strategic objectives. The project, set to be completed between March 2025 and November 2026, will significantly contribute to Entech’s revenue in 2025 and strengthen its market position in the renewable energy sector.
More about Entech SA
Entech SA, founded in 2016 in Quimper, specializes in energy storage and smart management of renewable energies. The company develops solar, storage, and electric conversion solutions using intelligent software systems, promoting renewable energy integration. Entech Construction focuses on the design and installation of ground-based photovoltaic power plants and storage stations, while Entech Solutions handles rooftop photovoltaic plants and hydrogen projects. Recognized for its innovation, Entech is part of the Green20 program by French Tech and supports over 400 projects globally, employing 180 people.
YTD Price Performance: 12.07%
Average Trading Volume: 47
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €94.82M
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