ReneSola announces grid connection of four utility-scale projects in UK

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15 April 2016, Electricity

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These projects have a combined capacity of approximately 20 MW. ReneSola managed the design and construction of these projects, and will provide ongoing operations and maintenance services.

Powered by ReneSola's Virtus II modules, the four projects are located in Barnstable, Derbyshire, Northamptonshire and Notthinghamshire. All of these projects are qualified under the 1.3 Renewable Obligations Certificate (ROC) program.

Under the Company's build-operate-transfer model of its solar power project business, ReneSola will operate these projects until their sale to third parties.

Xianshou Li, ReneSola's CEO, said, "We are pleased to announce the grid connection of four utility scale solar projects in the UK, as we continue to execute our downstream strategy in the first quarter of 2016. These projects reinforced our commitments to the clean energy businesses in the UK, and demonstrated our strong competitive advantages in developing downstream projects."

Source: MarketLine

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