Emeren Reaches 1 GW Storage Milestone in Italy Updated On Tue, Jan 2nd, 2024 by Saurenergy Emeren Group Ltd , a leading global solar project developer, owner, and operator, has announced the successful sale of additional two Battery Energy Storage Systems (BESS) in Italy to Matrix Renewables (“Matrix”). This transaction follows the Company’s commitments outlined in the proprietary Development Service Agreement (DSA) signed jointly in June. Within just six months, Emeren […] Read more
US-Based ReneSola Power Acquires 50 MWp Solar Farm in UK Updated On Mon, Oct 3rd, 2022 by Saurenergy US-based ReneSola, which claims to be a leading fully integrated solar project developer, has announced that it has acquired a 50 MWp operational solar farm called ‘Project Branston’ that is located in Branston, Lincoln, United Kingdom. The solar project is acquired from British firm P&T Global Renewable Energy. ReneSola said that transaction was completed September […] Read more
ReneSola Power Releases Preliminary First Quarter 2021 Results Updated On Mon, May 3rd, 2021 by Saurenergy Connecticut-headquartered solar project developer and operator ReneSola Ltd recently announced its preliminary unaudited financial results for the first quarter of fiscal year 2021, based on which the company now expects revenue for the first quarter of 2021 to exceed $20 million, higher than the previously announced guidance range of $18 million to $20 million. Additionally, gross margin […] Read more
ReneSola Power Announces Sale of 12.3 MW of Projects in Hungary Updated On Mon, Jan 11th, 2021 by Saurenergy ReneSola Ltd, a leading fully integrated solar project developer, today announced that it entered into an agreement to sell a portfolio of projects located in Hungary to Obton, a leading international solar investment company headquartered in Aarhus, Denmark. The portfolio comprises 20 solar plants in five locations, including Sárbogárd, Kömlöd, Szajol, Lukacshaza, and Törökszentmiklós, with a combined capacity […] Read more
ReneSola Power Announces Closing of Sale of 4.3 MW Solar Projects in the UK Updated On Wed, Nov 25th, 2020 by Saurenergy ReneSola Ltd (NYSE: SOL) (“ReneSola Power” or the “Company”), a leading fully-integrated solar project developer, today announced the closing of the sale of a portfolio of operating projects located in the United Kingdom to Atmosclear Investments Ltd, an European renewable energy and cleantech private equity group. The portfolio comprises 1,509 residential rooftop projects located in Scotland, with a combined […] Read more
ReneSola in Second JV In The UK, With Innova, To Expand European Push Updated On Thu, Nov 19th, 2020 by Saurenergy ReneSola Ltd (“ReneSola Power” or the “Company”), the established fully integrated solar project developer, and Innova, a company that invests in and operate a diversified portfolio of UK renewable energy assets, with a focus on utility-scale ground mounted and commercial roof top solar installations, located at agricultural, industrial and commercial sites, today announced that they […] Read more
ReneSola Power and Novergy to Form Joint Venture to Develop Solar Projects in the UK Updated On Tue, Oct 27th, 2020 by Saurenergy ReneSola Ltd, a leading fully integrated solar project developer, and Novergy, a subsidy-free solar platform specialised in the origination, development, design, optimization, construction and commissioning of solar projects in the United Kingdom, today announced that they entered into a strategic partnership agreement to co-develop utility-scale projects in the UK. As part of the agreement, ReneSola […] Read more
ReneSola Sells 10.4 MW Solar Portfolio to Nautilus in Minnesota Updated On Thu, Jun 4th, 2020 by Saurenergy In a series of the fourth transaction between the two companies, ReneSola Ltd, a leading solar project developer, has sold its 10.4 MW community solar portfolio to Nautilus Solar Energy, owner and operator of distributed and utility-scale solar energy projects. The solar projects’ portfolio is comprised of 8 single-axis tracker solar installations, each commonly referred […] Read more
ReneSola Sells 15 MW Solar Portfolio in Hungary to Obton Updated On Wed, Apr 8th, 2020 by Saurenergy New York-listed global solar project developer ReneSola Power has entered into a sale agreement with Denmark headquartered Obton for its cumulative 15 MW of solar energy portfolio in Hungary. Obton is an investment and management company specialized in renewable energy projects. This is the second time that Obton has acquired solar assets from ReneSola. The […] Read more