ReneSola secures financing for 30MW PV project portfolio in China

Facebook
Twitter
LinkedIn
Reddit
Email
As a result of this financing, ReneSola will be able to support the development of its 30MW portfolio of solar distributed generation projects in Henan Province, China. Image: ReneSola

Solar project developer ReneSola announced Wednesday that it has secured US$18 million in financing from China Kangfu International Leasing Co. — an affiliate of State Power Investment Corporation.

As a result of this financing, ReneSola will be able to support the development of its 30MW portfolio of solar distributed generation projects in Henan Province, China.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Xianshou Li, chairman and chief executive officer of ReneSola, said: “We are excited to partner with China Kangfu. This facility reinforces our confidence in the enormous potential of China's domestic distributed generation market.  It also demonstrates the confidence that the capital markets put in our ability to successfully develop projects in this market.  We look forward to accelerating our distributed generation development in China.”

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
April 10, 2024
Dallas, Texas USA
Solar Media Events
April 17, 2024
Lisbon, Portugal
Solar Media Events
May 1, 2024
Dallas, Texas
Solar Media Events
May 21, 2024
Napa, USA