Emeren announces inaugural solar energy storage project in China

Emeren announced that it has successfully completed the grid connection of its inaugural solar storage project on September 26 in Ningbo, Zhejiang Province, China. This project has a capacity of 0.6 MW/1.2 MWh, operates behind the meter and is backed by a private long-term power purchase agreement, or PPA, with a local off-taker. It has been strategically designed to yield high returns through daily price arbitration, emphasizing the Company’s commitment to sustainable and financially responsible energy solutions.