ReneSola, X-Elio North America to develop 500MW PV pipeline in US

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Both ReneSola and X-Elio are conducting joint diligence on an initial PV portfolio of installations in California, Oregon and Utah with a total installed capacity of over 500MW. Image: ReneSola

ReneSola has entered into a development service agreement with X-Elio North America, a subsidiary of X-Elio, that will see ReneSola’s North American development arm develop large utility-scale PV installations for X-Elio.

Both ReneSola and X-Elio are conducting joint diligence on an initial PV portfolio of installations in California, Oregon and Utah with a total installed capacity of over 500MW, of which many of the installations will also feature a battery storage system.

As part of this service agreement, ReneSola will help X-Elio with obtaining site control, permitting, interconnection and off-take agreements.  In addition, ReneSola plans to provide further support as X-Elio supports the projects through the financing and construction phases.

Doran Hole, ReneSola's CEO, North America and group vice president of strategy, said: “We are excited to deliver the capabilities of ReneSola's North American development platform to a strong partner like X-Elio, as the US continues to be an important market for both companies.  

“With our talented team and solid track record of developing solar projects globally, we believe we are in a prime position to help X-Elio further expand its presence and support its solar deployment in North America.”

Javier Adiego, North America country manager for X-Elio, added: “We are very pleased to work with ReneSola on this project. The U.S. is a market with a lot of potential for our business, and we are fully convinced that the collaboration between X-Elio and ReneSola will enhance our position in North America.”

Read Next

July 22, 2021
US Senate majority leader Chuck Schumer has failed in a bid to fast-track the US’ US$1.2 trillion infrastructure investment bill through the Senate. But there remains hope that further progress could be made as early as next Monday, when some Republican senators believe the bill will be fit to proceed.
PV Tech Premium
July 15, 2021
Earlier this week the US National Renewable Energy Laboratory (NREL) published its 2021 Annual Technology Baseline (ATB) document, detailing the continued reduction in the levelised cost of electricity (LCOE) of the country’s core generators. Liam Stoker takes a look at the data and discusses just how cheap solar, and solar-storage, could become.
July 15, 2021
Legislation that would ban the import of all products from China’s Xinjiang region into the US has taken a critical step forward, passing the US Senate.
July 9, 2021
The US government has added a host of new China-based solar companies to its Entity List, effectively banning imports of their products into the country.
PV Tech Premium
July 9, 2021
Solar’s dominance in recent renewables auctions in Poland has further reinforced the promising outlook for the market, with developers and analysts welcoming support provided for the construction of smaller projects.
June 24, 2021
The US government is set to block the imports of some solar products with links to the Xinjiang region of China in response to allegations of the use of forced labour.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021
Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021