ReneSola Secures Project Financing for 30MW of Distributed Generation Projects in China.

ReneSola Secures Project Financing for 30MW of Distributed Generation Projects in China.

ReneSola Ltd, a leading fully-integrated solar project developer and provider of energy-efficient products, today announced it has secured an RMB120 million (US$18 million) financing facility from China Kangfu International Leasing Co., Ltd (“China Kangfu”), an affiliate of State Power Investment Corporation (SPIC). The financing will be used to support the development of ReneSola’s 30 MW of […]

ReneSola provides EPC service for 32MW of solar rooftop projects in China.

ReneSola provides EPC service for 32MW of solar rooftop projects in China.

ReneSola Ltd, a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that it will provide EPC service for solar rooftop projects in Shandong, Anhui and Zhejiang Provinces with a combined capacity of 32 MW. The Company will also supply 32MW of solar modules for these projects. The electricity generated from the projects will be consumed by their respective commercial and industrial rooftop […]

ReneSola announces strategic partnership with China Resources Leasing Co.

ReneSola announces strategic partnership with China Resources Leasing Co.

ReneSola Ltd , a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that it formed a strategic partnership with China Resources Leasing Co., Ltd., a subsidiary of China Resources (Holdings) Co., Ltd (“CR” or “China Resources Group”), a conglomerate registered in Hong Kong with seven key strategic business units and over […]

Renesola sells two commercial solar projects in U.S.

Renesola sells two commercial solar projects in U.S.

ReneSola Ltd, a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that it sold its two solar projects in Holyoke, Massachusetts to New York-based C2 Special Situations Group, LLC, a private investment firm focused on investments in the distributed generation sector. The Projects have a combined capacity of approximately 1.3 MWDC […]

ReneSola signs framework agreement to develop 335 MW of rooftop projects.

ReneSola signs framework agreement to develop 335 MW of rooftop projects.

ReneSola Ltd, a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that it signed a framework agreement with a wholly owned subsidiary of Beijing Enterprises Clean Energy Group Limited, a Beijing-based, Hong Kong-listed company that engages in the photovoltaic development business, to develop 335 MW of rooftop solar projects in China […]

ReneSola signs agreement to sell 26MW of solar projects in the UK.

ReneSola signs agreement to sell 26MW of solar projects in the UK.

ReneSola Ltd, a leading brand and technology provider of energy-efficient products and project developer, today announced that it has signed agreements to sell its six utility-scale projects in the United Kingdom to a European investor. These projects have a combined capacity of approximately 26 MW. Powered by ReneSola’s Virtus II modules, the six projects are located […]

ReneSola supplies 10.4 MW of high-efficiency modules to Saferay Project in Japan.

ReneSola supplies 10.4 MW of high-efficiency modules to Saferay Project in Japan.

ReneSola Ltd, a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that it supplied 10.4 MW of high-efficiency polycrystalline PV modules to Saferay Ltd. for a ground-mounted PV project in Japan. The project, located around Date city in Hokkaido prefecture, is expected to be completed by the end of November. Germany-based […]

ReneSola supplies 250MW modules in India during H1 2016.

ReneSola supplies 250MW modules in India during H1 2016.

Solar developer and manufacturer ReneSola has completed an installed base of 250MW of solar modules in India in H1 2016 and expects another 450MW of additions by March next year. Pradeep Sangwan, general manager, ReneSola India said that the company is in the process of hiring another 25 employees in India and is addressing the […]

ReneSola announces sale of solar project in Japan.

ReneSola announces sale of solar project in Japan.

ReneSola Ltd, a leading solar PV project developer and provider of energy-efficient products, today announced that it sold a 1.23 MW solar power project located in Ibaraki, Japan. The project qualifies for Japan’s 32 Yen feed-in tariff.  Revenue from the sale will be recognized in the third quarter and all proceeds have been collected. ReneSola is […]

Renesola hit by slowing China demand and wafer margin squeeze.

Renesola hit by slowing China demand and wafer margin squeeze.

Solar wafer and module manufacturer ReneSola reported second quarter 2016 results impacted by a module end market demand slowdown in China and high polysilicon prices, while wafer ASP’s decline, squeezing revenue and margins. ReneSola reported second quarter 2016 wafer shipments of 423.3MW compared with 351MW in the previous quarter, a 20.6% increase quarter-on-quarter and up […]