Stem (STEM) said Tuesday its software will be used to manage the commercial operation of a 484-megawatt solar portfolio owned by Neovolt in Hungary, under a five-year agreement.
Financial terms were not disclosed.
Stem's PowerTrack Web asset performance management tool will monitor, optimize, and control eight utility-scale sites in the country, Stem added.
The company's shares were up 9% in recent premarket activity.
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