PV project developer ReneSola has completed and grid connected over 90MW of distributed generation (DG) rooftop projects in China in the second half of 2017.
Xianshou Li, Chairman and Chief Executive Officer of ReneSola, commented: “Our rooftop project business in China continues to gain traction, and we remain optimistic about the opportunities ahead of us. We continue to believe that our strong and capable team, extensive financing relationships and track record of success in project development will enable us to profitably grow our business in 2018 and beyond.”
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The company previously reported third quarter 2017 revenue of US$36.3 million, compared to the guidance range of US$40 million to US$45 million, which included 13.9MW of rooftop projects in China.
ReneSola’s PV power project pipeline was approximately 1.1GW at the end of the third quarter of 2017, which included 579.3MW of late-stage projects.
