focused on investments in renewable energy power plants and energy efficiency projects as well as other sustainable investments.
Virtus II 315W modules, the utility project has a capacity of approximately 6.75 MW and will sell the power generated to the local utility under a 15-year purchase agreement.
, commented: "This agreement further demonstrates our capability of developing and monetizing projects in more attractive developed markets. The U.S. remains an important market for us, and recent activity continues to highlight our competitive advantages in the region. Our project pipeline in the U.S. consists of over 105 MW of mid-to-late stage projects, and we expect the region to be a major growth market in the years ahead."
(NYSE: SOL) is an international leading brand and technology provider of energy efficient products. Leveraging its global presence and expansive distribution and sales network,
is well positioned to provide its highest quality green energy products and on-time services for EPC, installers, and green energy projects around the world. For more information, please visit www.renesola.com .
is a publicly registered, non-traded limited liability company that has acquired a diversified portfolio of income-producing renewable energy power plants, energy efficiency projects and other sustainable investments.
Source: ReneSola Ltd.
Date: Apr 17, 2017