ReneSola Awarded 26MW of Solar Projects in Poland's Electricity Auction
SHANGHAI, Nov. 28, 2018 /PRNewswire/ -- ReneSola Ltd ("ReneSola") (www.renesola.com) (SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that it was awarded 26 solar utility projects in Poland with capacity of 1 MW for each.
All of these 26 projects are under Poland's Contract for Difference (CFD) regime and eligible for a 15-year guaranteed tariff of PLN 354.8-358.8/MWh, close to the highest auction price of PLN 364.9/MWh.
The Energy Regulation Office in Poland held the country's latest round of solar power auction on Nov. 15, 2018.
Xianshou Li, Chairman and Chief Executive Officer of ReneSola, commented: "We are excited to once again have been awarded the utility projects in Poland. This project's winning validates our team's experience and expertise to deliver reliable, cost-competitive distributed power to serve the growing energy demand in the region. We look forward to further supporting solar deployment in Poland and other emerging markets."
About ReneSola
Founded in 2005, and listed on the New York Stock Exchange in 2008, ReneSola (SOL) is an international leading brand of solar project developer. Leveraging its global presence and solid experience in the industry, ReneSola is well positioned to develop green energy projects with attractive return around the world. For more information, please visit www.renesolapower.com.
Safe Harbor Statement
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In China:
ReneSola Ltd
Mr.
Johnny Pan
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The Blueshirt Group
Asia
Mr. Gary Dvorchak, CFA
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In the United States:
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Mr. Ralph Fong
+1 (415) 489-2195
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