ReneSola sells two projects in Japan

By Editor

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ReneSola has sold two projects in Japan.

The projects, located in Tochigi Prefecture, are utility scale systems with capacity of 920 kW and 590 kW, respectively, and both are qualified for Japan’s 32 Yen FiT scheme.

“The sale of the Tochigi projects extends our record of rapidly developing and monetizing projects in attractive developed markets,” said Xianshou Li, chief executive officer of ReneSola.

Japan is one of the focus markets for ReneSola, due to attractive project economics driven by their FiT regime, combined with streamlined development infrastructure.

ReneSola has a project pipeline of 31 MW in Japan.

editor@greentechlead.com

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