ReneSola Ltd today announced it has sold 8MW of its monocrystalline solar modules to True Value Solar. True Value Solar operates as part of the M+W Group.
Under the terms of the agreement, ReneSola will ship a total of 8MW of its monocrystalline solar modules directly to True Value Solar's distribution sites in Australia by the end of this month.
Mr. Xianshou Li, ReneSola's chief executive officer, said, "This contract reflects the quality of our products as well as our commitment to research and development. Moreover, our business continues to grow in Australia, where our year-to-date shipments now top 45MW and brand awareness of our products, particularly our Virtus line, continues to improve."