ReneSola gets enviro nod for 12-MW solar project in Spain

• ReneSola Ltd (NYSE: SOL) said on Monday it has just recently gotten the environmental approval for a 12-MW solar project approximately Murcia in Southern Spain and also now anticipates to begin building and construction work early next year.

The clearance remains in connection to the Caravaca project in the namesake municipality. ReneSola claimed that this certain scheme is the most innovative one in its 350-MW Spanish pipeline of projects at different advancement stages.

Meanwhile, the firm has actually opened a sales and also company advancement workplace in Madrid.

"From a power generation perspective, Spain means to switch to 100% renewable energy sources by 2050, and Renesola Power is placed to be part of this power change. We have established solid partnerships, enabling us to successfully develop solar projects in the country," claimed Josef Kastner, Chief Executive Officer of ReneSola Power European Region.