Renesola Sells North Carolina Solar Project to Greenbacker Updated On Wed, Jun 20th, 2018 by Saurenergy As per the deal, this project will sell all power generated to the local utility under a 15-year purchase agreement. Chinese solar company ReneSola has sold its utility-scale North Carolina project to New York-based Greenbacker Renewable Energy Company. This North Carolina solar project has a capacity of 6.75 MW and represents the Chinese company’s second project sale to Greenbacker, following […] Read more
ReneSola Gets EUR 36 Mn Addl Funding for 55 MW Poland Projects Updated On Mon, Jun 18th, 2018 by Saurenergy All these 55 MW projects are under Poland’s Contract for Difference (CFD) regime and eligible for a 15-year guaranteed tariff. Chinese solar company ReneSola said that Sequoia Economic Infrastructure Income Fund (Sequoia) had agreed to extend senior debt facility to EUR 36 million for ReneSola’s 55 MW Poland projects, with 1MW capacity each. In December 2017, Sequoia […] Read more
ReneSola Sells 40.13% Stake in Zhejiang ReneSola Investment for RMB 200 mn Updated On Wed, May 2nd, 2018 by Saurenergy Zhejiang ReneSola Investment Ltd holds the company’s distributed generation projects in China. Solar project developer and operator ReneSola has sold 40.13 percent stake of its Chinese subsidiary, Zhejiang ReneSola Investment Ltd, to an undisclosed investor for about RMB 200 mn in cash. Zhejiang ReneSola Investment Ltd holds the company’s distributed generation projects in China. Further, […] Read more
ReneSola Connects 90MW of Distributed Generation Projects in China Updated On Wed, Jan 3rd, 2018 by Saurenergy ReneSola’s rooftop project business in China continues to gain traction, and remains optimistic about the opportunities ahead. ReneSola Ltd, a leading solar project developer and operator has announced that it connected over 90MW of rooftop projects in China in the second half of 2017. It intends to hold over 70MW of these projects and provided […] Read more
ReneSola Generates 29 Million Kilowatt Hours of Electricity from Distributed Generation Solar Projects in China in Third Quarter Updated On Tue, Oct 17th, 2017 by Saurenergy 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 […] Read more
ReneSola quits solar manufacturing, Completes Disposition of Manufacturing and LED Distribution Businesses Updated On Wed, Oct 4th, 2017 by Saurenergy “The Buyer beneficially owned, directly or indirectly through SGP and other intermediaries, approximately 57.3% of the total issued and outstanding Shares of ReneSolar.” ReneSola has announced the completion of the closing of the transactions contemplated by the previously announced share purchase and subscription agreement (the “SPA”) with Xianshou Li, Chairman and Chief Executive Officer of […] Read more
