Chinese manufacturer ReneSola has secured a deal to provide 32MW of its modules for a series of PV projects in Japan.
The deal with commodity trading company Silicon Bank will see an initial 12MW of modules shipped this September, with a further 20MW due at a future date.
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Xianshou Li, ReneSola's chief executive, said the deal marked an increased focus for the company on the booming Japanese market.
“This contract win reflects our steady growth in Japan's solar market, which we expect will become our third largest market after the United States and Europe. We hope to increase our business with Silicon Bank as we deliver high-efficiency PV products and household solutions to Japanese end users and increase our market share across emerging solar markets.”
Silicon Bank, which trades in semiconductor parts and materials, is expected to use the first shipment for a series of rooftop and ground-mounted PV projects.
