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ReneSola Sells Remaining 13MW of Project Rights in Poland (Int'l.)
ReneSola
Date: 2021-01-22
Integrated solar project developer ReneSola Ltd is reporting sale of its remaining 13MW of project development rights in Poland to Warsaw-based renewable energy project developer and EPC service provider Warszawskie Przedsińôbiorstwo Mostowe Mosty.

In November 2018, ReneSola Power was awarded 26 solar utility projects in Poland with capacity of 1 MW for each. These remaining 13MW of project rights being sold are part of those 26 solar projects awarded to ReneSola Power. All of the 26 projects are under Poland's Contract for Difference (CFD) regime and eligible for a 15-year guaranteed tariff, according to the company website. (Source: ReneSola Power, PR, Website, Jan., 2021) Contact: ReneSola Power, Yumin Liu, CEO, www.renesolapower.com; Warszawskie Przedsińôbiorstwo Mostowe Mosty, +48 22 811 45 41, www.mosty.pl

More Low-Carbon Energy News ReneSola,  Solar,  Solar+Storage,  


ReneSola Offloads Polish Solar Park Portfolio (M&A, Int'l. Report)
ReneSola
Date: 2020-12-09
Solar products developer ReneSola Ltd is reporting the sale of 16 Polish ground-mounted solar projects equipped with bifacial solar panels with a combined capacity of 16 MW to Lithuanian-based Modus Asset Management.

All of the projects have been awarded a 15-year contract-for-difference support mechanism in Poland. (Source: ReneSola, NTT, 7 Dec., 2020) Contact: ReneSola Ltd, Sky Wang, CEO, Josef Kastner, VP, Willy Lin, CFA, +86 (21) 6280-9180 x155, ir@renesolapower.com, www.renesolapower.com; Modus Asset Management, +370 5 235 6080, info@modus.group, www.modus.group

More Low-Carbon Energy News ReneSola,  Solar,  


ReneSola Acquires 200 MW of US Solar+Storage Projects (M&A)
ReneSola
Date: 2020-11-20
Solar project developer ReneSola Ltd is reporting the $3.8 million cash purchase of roughly 200 MW of distributed generation and solar plus energy storage projects in the US from Nova Development Management.

With the transaction ReneSola has U.S. utility projects and development activities in Pennsylvania, California, New York, Maine, Illinois and Arizona. (Source: ReneSola, PR, Website, 19 Nov., 2020) Contact: ReneSola Ltd, Sky Wang, CEO, Josef Kastner, VP, Willy Lin, CFA, +86 (21) 6280-9180 x155, ir@renesolapower.com, www.renesolapower.com

More Low-Carbon Energy News ReneSola ,  Solar,  Solar+Storage,  


Nautilus Solar Snares Minnesota Community Solar Portfolio (M&A)
Nautilus Solar Energy,
Date: 2020-07-10
Summit, New Jersey-based Nautilus Solar Energy, LLC is reporting the acquisition of a 10.4 MW community solar gardens portfolio of eight single axis tracker solar installation projects in Minnesota from ReneSola Power. The sites are expected to be operational by Q1 of 2021.

Nautilus will be responsible for the project management, long-term asset management and maintenance services. ReneSola will be responsible for securing the subscribers. The energy generated by the projects will directly benefit qualified commercial and residential off-takers situated within Xcel Energy's service territory by providing energy cost savings as well as advancing Minnesota's 10 pct solar energy goal by 2030. (Source: Nautilus Solar Energy Website, June, 2020) Contact: Nautilus Solar, Cathy W. McAuliffe, Marketing Coordinator, Nautilus Solar Energy LLC, Jim Rice, Co-CEO, 908-795-3041, cathy@nautilussolar.com , www.nautilussolar.com; ReneSola, www.renesolapower.com

More Low-Carbon Energy News Nautilus Solar Energy,  Community Solar,  ReneSola,  


ReneSola, Zhongnan Industry Ink $100Mn Investment Deal (Int'l.)
ReneSola
Date: 2020-04-15
In China, solar module manufacturer ReneSola Ltd. is reporting and agreement under which Zhongnan Industry, a subsidiary of Zhongnan Holding Group, will invest $100 million to strengthen ReneSola's solar module manufacturing supply chain. (Source: ReneSola Ltd, PR, Mercom India, April, 2020) Contact: ReneSola Ltd, Sky Wang, CEO, Josef Kastner, VP, Willy Lin, CFA, +86 (21) 6280-9180 x155, ir@renesolapower.com, www.renesolapower.com; Zhongnan Holding, www.znjs.com/en/about.aspx

More Low-Carbon Energy News ReneSola,  Solar,  


Grasshopper Acquiring 6.8MW ReneSola Cdn PV Portfolio (M&A)
ReneSola,Grasshopper
Date: 2020-03-27
Solar project developer ReneSola reports it is selling a Canadian 6.8 MW portfolio of 15 solar projects totaling 6.8-MW to Grasshopper Energy. Financial and other transaction details have not been released.

The portfolio of 15 solar projects is currently under development and accredited under Canada's now discontinued feed-in tariff (FiT) programme. (Source: ReneSola, PR, 24 Mar., 2020) Contact: Grasshopper Energy, 866-310-1575, contact@grasshoppersolar.com, www.grasshopperenergy.com; ReneSola Ltd, Josef Kastner, VP, Willy Lin, CFA, +86 (21) 6280-9180 x155, ir@renesolapower.com, www.renesolapower.com

More Low-Carbon Energy News ReneSola ,  Solar,  


ReneSola Selling Hungarian Small Solar Projects Portfolio (Int'l.)
ReneSola, Obton
Date: 2019-10-18
ReneSola Ltd reports it has contracted with the Danish international solar investment firm Obton to divest a Hungarian portfolio of 24 solar plants averaging 0.5 megawatt (MW) each for a total capacity of 13.9MW. The portfolio consists . These 24 small-scale DG projects are entitled under the Hungarian 25-year feed-in tariff scheme. (Source: ReneSola Ltd., Zacks, 16 Oct., 2019) Contact: ReneSola Ltd, Josef Kastner, VP, Willy Lin, CFA, +86 (21) 6280-9180 x155, ir@renesolapower.com, www.renesolapower.com; Obton, +45 86 26 12 00, obton@obton.com, www.obton.com

More Low-Carbon Energy News ReneSola ,  Solar,  


ReneSola Finds Hungarian, Polish Solar Project Financing (Int'l)
ReneSola
Date: 2019-02-04
Solar project developer ReneSola Ltd reports it has arranged a bridge financing agreement with Eiffel Energy Transition Fund for its photovoltaic projects in Hungary and Poland. Under the terms of the agreement, Eiffel Energy Transition Fund will finance ReneSola's 41.3 MW projects in Hungary and 55MW projects in Poland in the amount of €13,428,000.

Eiffel Investment Group is an asset manager specialized in businesses financing. Eiffel invests in European corporate credit through listed markets, private debt and online lending platforms. The group manages approximately €2 billion and offers companies a wide range of financing solutions. (Source: ReneSola Ltd., PE, 3 Feb., 2019)Contact: ReneSola Ltd, Josef Kastner, VP, Willy Lin, CFA, +86 (21) 6280-9180 x155, ir@renesolapower.com, www.renesolapower.com

More Low-Carbon Energy News ReneSola,  Solar,  


ReneSola Unloads China DG Solar Stake for $31.5Mn (Int'l. M&A)
ReneSola, China DG Solar
Date: 2018-05-04
ReneSola Ltd is reporting the sale of a 40.13 pct stake in its Zhejiang ReneSola Investment Limited subsidiary to an unnamed investor for approximately $31.5 million.

ReneSola has over 187 MW of operational DG solar projects and an additional 28 MW under construction, according to the company. By the end of 2018, it intends to own 350 to 400 MW of DG projects in China. (Source: ReneSola Ltd., Various Media, May, 2018) Contact: ReneSola Ltd., China DG Solar, www.renesola.com

More Low-Carbon Energy News ReneSola,  Solar,  China DG Solar,  

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