Emeren, Matrix partner up for Italy BESS projects

Emeren, Matrix partner up for Italy BESS projects

Emeren, Matrix partner up for Italy BESS projects 1024 688 Energy Storage Journal

June 30, 2023: Solar developer Emeren said on June 27 it was partnering Matrix Renewables to develop up to 1.5GWh of energy storage projects in Italy.

The companies are working on a development service agreement for the BESS portfolio ahead of an expected new capacity market auction in late 2023 aimed at boosting the deployment of solar in Italy.

Potential battery chemistries to be used in the projects were not disclosed.

The first tranche of developments accepted by Matrix, which is part of private equity firm TPG, includes more than 260MW of standalone BESS projects, the companies said.

Emeren CEO Yumin Liu said BESS systems are vital for the future of renewable energy and the company wants to become a leader in the market.