Stem Expands Berlin Operations

MT Newswires Live

10/15

Stem (STEM) said Tuesday it expanded its Berlin operations with a new office to support rising demand for solar, storage, and hybrid energy projects across Europe, the Middle East, and Africa.

The 400-square-meter site doubles workspace and will serve as Stem's European competence center focused on hybridization, merchant risk management, and value stacking, the company said.

Stem shares rose more than 14% in recent Tuesday trading.

Price: 27.03, Change: +3.35, Percent Change: +14.15

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