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.
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