SHANGHAI — ReneSola announced the completion and grid connection of four utility-scale projects in the United Kingdom. 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 Chief Executive Officer, said, “We are pleased to announce the grid connection of four utility scale solar projects in the United Kingdom, 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.”
Founded in 2005, and listed on the New York Stock Exchange in 2008, ReneSola (NYSE: SOL) is an international leading brand and technology provider of energy efficient products. Leveraging its global presence and expansive distribution and sales network, ReneSola 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.