Emeren Group And PLT energia Srl Partner On 394 MW Battery Storage Portfolio

7/1/24 9:08:17 AM ET

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Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE:SOL), a leading global solar project developer, owner, and operator, today announced a Development Service Agreement ("DSA") partnership for a state-of-the-art portfolio comprising five Battery Energy Storage Systems ("BESS") in Italy with PLT energia Srl ("PLT"), one of the largest independent Italian groups active in the energy sector from wind and photovoltaic sources. This transaction marks a significant milestone in the development of an impressive 394 MW BESS portfolio.

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Recent Analyst Ratings for
$SOL

Date	Price Target	Rating	Analyst
5/24/2024		Market Perform → Under Perform	Northland Capital
11/22/2023	$6.00 → $3.20	Outperform → Market Perform	Northland Capital
9/13/2022	$8.00	Outperform	Northland Capital
1/5/2022	$7.70 → $10.00	Neutral → Buy	ROTH Capital
1/4/2022	$12.50	Outperform → Strong Buy	Raymond James
10/5/2021	$14.50 → $12.50	Outperform	Raymond James
9/1/2021	$8.19 → $7.70	Neutral	Roth Capital

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Emeren Group And PLT energia Srl Partner On 394 MW Battery Storage Portfolio

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Recent Analyst Ratings for $SOL

$SOL Large Ownership Changes

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SEC Form SC 13D/A filed by Emeren Group Ltd (Amendment)

SEC Form SC 13G/A filed by Emeren Group Ltd (Amendment)

SEC Form SC 13D/A filed by Emeren Group Ltd (Amendment)

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Chairman Shah Capital Management bought $112,278 worth of American Depositary Shares (50,360 units at $2.23) (SEC Form 4)

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