Alerion CleanPower (IT:ARN) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Alerion Clean Power is set to strategically diversify into energy storage by planning a 200 MW hydroelectric storage plant project in collaboration with Fri-el S.p.A. This project, located in Basilicata, aims to enhance the national electricity grid’s stability and flexibility. Alerion’s move marks a significant step in strengthening its position in Italy’s renewable energy sector.
For further insights into IT:ARN stock, check out TipRanks’ Stock Analysis page.