PV project developer and operator ReneSola announced that Sequoia Economic Infrastructure Income Fund has agreed to extend senior debt facility to US$41.6 million for ReneSola’s 55MW pipeline of PV plants in Poland.
China-based solar PV project developer and operator ReneSola is one of the first companies to publically echo the impact expected from the Chinese government’s decision to significantly curtail solar deployment, highlighting the solar module ASP decline of modules as a key benefit to downstream developers.
China-based PV manufacturer and downstream project developer ReneSola has officially completed the divestment of its integrated solar manufacturing operations to its chairman and CEO to focus exclusively on downstream business development.
PV Tech reached its own little milestone of having reported and analysed the R&D spending habits of the same 12 key PV module manufacturers for 10 years. The results have just been published in sister technical journal Photovoltaics International as part of the annual leaders and laggards of R&D spending for 2016.
China-based integrated PV manufacturer ReneSola has signed an agreement to sell a 24MW portfolio of ground-mount PV projects under development in North Carolina, US, to a subsidiary of Panda Green Energy - formerly known as United Photovoltaics.
Solar project developer ReneSola announced Thursday that it has agreed to sell two ground-mounted PV projects in the United Kingdom to Greencoat Solar II LP, an investment company managed by Greencoat Capital LLP — one of the UK's largest dedicated renewable investment management firms.
China-based integrated PV manufacturer Renesola has appointed a third-party financial and legal firms to provide advise on the proposal by its chairman and CEO, Xianshou Li to purchase the PV manufacturing and LED distribution businesses so the company can move completely downstream.