ReneSola

ReneSola, ProSun Solar Ink 150 MW Distribution Pact in Australia

ReneSola, a leading solar module manufacturer, and Prosun Solar, a leading distributor of solar power equipment in Australia, have entered into a 150 MW distribution agreement in Australia. Commenting on the deal, Sky Wang, CEO of ReneSola Yixing Co. Ltd, a company in Jiangsu Province, said that “Australian solar market is actually growing impressively. We […]

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ReneSola Sells 15 MW Solar Portfolio in Hungary to Obton

New York-listed global solar project developer ReneSola Power has entered into a sale agreement with Denmark headquartered Obton for its cumulative 15 MW of solar energy portfolio in Hungary. Obton is an investment and management company specialized in renewable energy projects. This is the second time that Obton has acquired solar assets from ReneSola. The […]

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Renesola, Zhongnan Group in $100 Million Investment Agreement

Shanghai Headquartered ReneSola, which recebtly crossed the 20 GW milestone in cumulative module sales, has announced a USD 100 million strategic investment agreement with Zhongnan Industry (a subsidiary of Zhongnan Holding Group). The announcement was made on March 31st at the official signing ceremony of the Supply Chain Cooperation Agreement between ReneSola Yixing Co., Ltd. […]

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ReneSola Sells 6.8 MW Solar Assets in Canada to Grasshopper Energy

New York-listed global solar project developer ReneSola Power has entered into a sale agreement with Canada headquartered Grasshopper Energy for its cumulative 6.8 MW of solar portfolio in Canada. ReneSola has offloaded its operating projects located in Canada, which comprised of fifteen solar plants under development, totalling 6.8 MW of capacity. Moreover, these 15 projects […]

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ReneSola Crosses 20 GW Solar Modules Shipment Mark

ReneSola has crossed the 20 GW modules shipment milestone, with the last shipment supplied to a solar PV project in southern Brazil in December 2019. ReneSola, a leading global brand of Solar PV Modules, has officially announced that it has crossed the 20 GW shipment milestone, which demonstrates the firms’ capabilities, scale and sustainable efforts […]

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Can Privatization Help in Solving Discom Distress?

India’s power sector is currently struggling with multiple issues, among them is pending dues of state Discoms (distribution companies) to renewable energy developers. The issue now even sparked the fears that many solar and wind energy projects likely to turn into non-performing assets (NPAs). Here’re some views and voices from the industry on what could […]

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The Perfect Storm 2020

Problems demanding solutions are piling up. How will India’s solar sector save 2020? Budget 2020, which carried the hopes of many leaders in the solar sector, has finally come and gone. Even as industry welcomed it with the usual platitudes of ‘good intent’, ‘long term planning’ and praise for the ‘higher allocation’ for renewable energy, […]

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ReneSola Halves Forecast for Q4 2019 Citing Delay in Project Sale

ReneSola has updated its financial guidance for Q4 & fiscal year 2019 to reflect the delay in recognising revenue from the sale of a solar project in Canada ReneSola, a leading fully integrated solar project developer has announced that it has updated its financial guidance for the fourth quarter (Q4) and fiscal year 2019 to […]

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Renesola to Exit Solar Projects Worth 15 MW in Hungary

ReneSola has entered into an agreement to sell a portfolio of solar projects worth 15 MW located in Hungary to Obton, a leading solar investment company. ReneSola, a leading fully integrated solar project developer, has announced that it has entered into an agreement to sell a portfolio of projects located in Hungary to Obton, a leading international solar investment […]

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