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