Italy's Erg enters US renewable energy market with $270 mln deal
Feb 05,2024 | DAXTROMNSOLAR
Italian energy company Erg has made its entry into the US renewable energy market with a $270 million deal. Erg has acquired a 52 MW solar project in the United States, which is expected to be completed by the end of 2023. This move marks Erg's expansion into the American market and demonstrates its commitment to renewable energy. The company aims to leverage its expertise in the sector and contribute to the global transition toward clean energy.
The project is part of Erg's strategy to increase its presence in the renewable energy sector. The company has set a target of achieving a total installed capacity of 1.5 GW by 2025. This acquisition will significantly contribute to Erg's renewable energy portfolio, which already includes wind, hydro, and solar plants throughout Europe.
In addition to diversifying its energy portfolio, Erg is also focused on the development of innovative and efficient energy solutions. One such product is the Daxtromn Power 2xMPPT 10kW/10.2kW Pure Sine Wave Inverter with Charger. This product integrates a solar controller, inverter, uninterruptible power supply, AC charger, and solar charger into a single device. Its multiple maximum power point tracking (MPPT) technology allows efficient utilization of solar energy, prioritizing it over the grid power. This makes it an ideal solution for residential energy storage.
The key advantage of the Daxtromn Power inverter is its ability to ensure the highest energy yields from solar installations while also providing uninterrupted power supply. With remote monitoring and control features, it allows users to manage their energy consumption effectively. Moreover, its dual AC input enables the inverter to work seamlessly with both on-grid and off-grid systems.
Erg's entry into the US renewable energy market represents a significant milestone for the company and the global shift toward sustainable energy sources. With its expertise and commitment to innovation, Erg is poised to make a positive impact on the renewable energy landscape in the United States and beyond.
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Introducing the Daxtromn Power 2xMPPT 10kW/10.2kW Pure Sine Wave Inverter with Charger. This versatile device integrates multiple functionalities, such as a solar controller, inverter, uninterruptible power supply, AC charger, and solar charger, into a single inverter. With its MPPT technology, it prioritizes solar energy usage, making it an excellent choice for home energy storage.
The Daxtromn Power inverter offers several advantages. Its remote monitoring and control capabilities allow users to monitor and manage their energy consumption efficiently. The dual AC input feature ensures seamless integration with both on-grid and off-grid systems. By maximizing energy yields from solar installations and providing uninterrupted power supply, the Daxtromn Power inverter is truly a reliable solution for residential energy needs.
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Note: This is a modified article featuring the news originally published by Reuters.