Emeren and Arpinge partner on 300MW battery storage portfolio in Italy
Author: PPD Team Date: November 6, 2024
US-based Emeren Group has entered a co-development agreement with Arpinge to establish a 300MW battery energy storage system (BESS) portfolio in southern Italy, bolstering Emeren’s presence in the Italian BESS market where it already has 1.37GW in its permitting pipeline.
This partnership with Arpinge, a permanent capital vehicle backed by Italian pension funds, aligns with Italy’s energy transition goals, focusing on enhancing grid stability and integrating renewables.
Emeren Group CEO Yumin Liu highlighted the collaboration as a strategic expansion within Italy’s energy storage sector. This marks Emeren’s fourth Italian partnership on sustainable investments, following a similar agreement with Nuveen Infrastructure in April 2024.
