ReneSola Joins Consortium Developing 30 MW Solar Plant in France

• ReneSola has announced it will certainly participate in a consortium to create a large-scale ground-mounted solar plant in the south of France.

ReneSola, a leading totally incorporated international solar job programmer, has announced that it will certainly take part in a consortium to establish a large ground-mounted solar plant in the south of France. The plant is expected to create 46 GWh, and also supply electrical energy to around 10,000 houses per year.

The consortium is led by Tenergie, the second-largest independent power manufacturer in France. Other members of the consortium consist of a leading power seeking advice from firm and also an acknowledged leader in project crowdfunding. The consortium will certainly develop the power plant covering 30 hectares of rented land in the community of Aups. The plant will certainly be possessed by an entity, which consequently will be owned by the IPP, the Municipality of Aups. Regional stakeholders and the individuals that participate in crowdfunding are deeply involved in the job fertilization phase.

Yumin Liu, ReneSola Power Chief Executive Officer, included, "this job confirms that our business in France is solid and growing. ReneSola Power is a leading developer in Europe, as well as we intend to increase our development in the region. Europe focuses on the advancement of social responsibility, as well as different governments throughout the area sustain the release of solar energy. Both France as well as various other European nations are exactly the sort of markets in which we are concentrating our service development initiatives."

The Company estimates that a task of this dimension as well as design would commonly have a capacity of approximately 30 MW. Real capacity will be subject to additional authorisations, such as licenses needed for final project design.

Josef Kastner, CEO of ReneSola Power European Region, stated, "this task shows the stamina of public-private partnerships and also exactly how they can help us expand our service in Europe while promoting a more lasting power supply. Not just will Aups obtain a substantial source of clean and affordable power, however the community will safeguard an excellent source of income and its residents will certainly have an opportunity to purchase-- and profit from-- the growth of the tidy energy market."