Solar Trade Platform and Directory of Solar Companies

ReneSola Announces Sale of Two Projects in Japan

Published on 21 Dec 2015
ReneSola 
ReneSola Ltd today announced that it has sold two projects in Japan. The projects, located in Tochigi Prefecture, are utility scale systems with capacity of 920kW and 590kW, respectively, and both are qualified for Japan's 32 Yen FiT scheme. The transaction was closed this week and the Company has received all proceeds from the sale.

"The sale of the Tochigi projects extends our track record of rapidly developing and monetizing projects in attractive developed markets," said Mr. Xianshou Li, ReneSola's chief executive officer. "Japan is one of our focus markets, due to attractive project economics driven by their FiT regime, combined with streamlined development infrastructure. Our project pipeline there is 31MW, so we expect the region to be a strong source of revenue growth in the years ahead."


Source: ReneSola
ENF Profiles For Companies Mentioned in This Article

ReneSola (Solar Components): https://www.enfsolar.com/renesola
ReneSola (Solar Panels): https://www.enfsolar.com/renesola
ReneSola (Solar Materials): https://www.enfsolar.com/renesola
PV industry news is republished free of charge, please send your news to