ReneSola Generates 29 Million Kilowatt Hours of Electricity from Distributed Generation Solar Projects in China in Third Quarter

ReneSola currently owns over 130 MW of China rooftop projects under development, concentrated in a handful of eastern provinces of China with attractive development environments.

ReneSola Ltd, a leading fully-integrated solar project developer and operator has announced that its distributed generation (DG) solar projects in China generated approximately 29 million kilowatt hours of electricity in the third quarter of 2017.

The Company continues to believe the China rooftop solar market is a lucrative opportunity and has aggressively established its presence in that market. ReneSola currently owns over 130 MW of China rooftop projects under development, concentrated in a handful of eastern provinces of China with attractive development environments. The Company anticipates owning 150MW – 200MW of China’s rooftop projects by the end of 2017.

Xianshou Li, Chairman and Chief Executive Officer of ReneSola, commented, “The significant amount of electricity generated from our DG projects marks another key milestone in our project development efforts in the China rooftop market.  We are on track in our goal of developing 150-200 MW of solar rooftop projects in China this year.  Our efforts in the China rooftop market enable us to become the only US-listed company levered to the exciting China rooftop opportunity.”

Source: PRNewswire