Divestment of DG portfolio to Denmark’s Obton follows sales in countries including Poland and emerges after firm returned to profitability but noted rising short-term debt levels.
Q2 2019 results show small-scale solar specialist reversing losses of last two quarters, with US$11m capital raise being mulled as short-term borrowings continue to pile
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.
JAKS MoU to buy 49.5MW Vietnam solar project, ReneSola provides 5.4MW of mono PERC modules to Helexia in Belgium, SECI delays PV manufacturing-linked tender again, Renewables to help Iran water scarcity.
China-based PV firm ReneSola has secured a €13.4 million bridge financing agreement with Eiffel Energy Transition Fund for solar projects including 41.3MW in Hungary and 55MW in Poland.
ReneSola entered into a letter of intent (LOI) to sell its 55MW of solar projects in Poland to Chroma Impact Investment, a global investor in renewable energy that focuses on large-scale solar, B2B and storage projects.
South Korea’s government is planning for nearly 3GW of solar PV alongside smaller capacities of wind and batteries on reclaimed land in Saemangeum, an area of land created by a huge Seawall project completed in 2010.