Italian utility bank and bank Intesa Sanpaolo have agreed to invest € 1.5 m ( $ 2 m ) in Modena - based residential solar power storage start - up Aton Storage . it has developed four sizes of residential batteries made specifically for Enel ’s Enel X residential solar system . The new battery is part of Enel and Intesa Sanpaolo 's joint funding programme for small and medium - sized business in Italy and elsewhere , which has so far disbursed € 8 m .
Italian utility Enel and bank Intesa Sanpaolo have agreed to invest €1.5m ($1.7m) in Modena-based residential solar power storage start-up Aton Storage. Aton has developed four sizes of residential batteries made specifically for Enel’s Enel X residential solar system. The new financing is part of Enel and Intesa Sanpaolo's joint funding programme for small and medium-sized business in Italy and elsewhere, which has so far disbursed €8m.