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Recently, ReneSola announced that it has signed a Letter of Intent (LOI) to sell its 55MW solar project in Poland to Chroma Impact Investment, a global renewable energy investor focused on large-scale solar, B2B and storage projects
.
Under the LOI, Chroma will acquire Rene Sola's pipeline of 55 MW solar projects in Poland, each with a capacity of 1 MW
.
All 55 projects will sell electricity under Poland's Contract for Difference (CFD) program and are eligible for a 15-year guaranteed tariff
.
Of the 55 facilities, 14 sites have been connected and the rest are under construction and are expected to be operational
in the first half of 2019.
Chairman and CEO of ReneSola said, "This LOI demonstrates our ability to
develop and monetize solar projects in different regions.
Poland is an important market for us and Rene Sola is one of
the largest project developers in the region.
Upon completion of this transaction, we will demonstrate our ability to
unlock project value at all stages of the development cycle.
We expect Poland to become a growth market in the coming years, and we look forward to further supporting solar deployments
in the region.
" ”
:/, please indicate the source for reprinting)
Recently, ReneSola announced that it has signed a Letter of Intent (LOI) to sell its 55MW solar project in Poland to Chroma Impact Investment, a global renewable energy investor focused on large-scale solar, B2B and storage projects
.
Under the LOI, Chroma will acquire Rene Sola's pipeline of 55 MW solar projects in Poland, each with a capacity of 1 MW
.
All 55 projects will sell electricity under Poland's Contract for Difference (CFD) program and are eligible for a 15-year guaranteed tariff
.
Of the 55 facilities, 14 sites have been connected and the rest are under construction and are expected to be operational
in the first half of 2019.
Chairman and CEO of ReneSola said, "This LOI demonstrates our ability to
develop and monetize solar projects in different regions.
Poland is an important market for us and Rene Sola is one of
the largest project developers in the region.
Upon completion of this transaction, we will demonstrate our ability to
unlock project value at all stages of the development cycle.
We expect Poland to become a growth market in the coming years, and we look forward to further supporting solar deployments
in the region.
" ”
:/, please indicate the source for reprinting)
/
