Emeren Achieves 3 GW Pipeline Goal In 2022
Emeren’s 2022 Annual Revenues Went Up 2% As Project Delays Marred Q4 Numbers; Plans To Strengthen IPP Business
Solar power developer Emeren, previously ReneSola, exited 2022 having increased its annual revenues by 2% to $81.4 million and increasing its total project pipeline to 3 GW from 2.1 GW at the end of 2021, which in 2023 it aims to grow to 4 GW.
Europe PV News Snippets
Poland’s Onde Lands Its Largest Solar Contract To Date, In Poland, & More From Qair, Holaluz, Emeren, MET Group
Onde’s largest PV contract to date in Poland; Qair gets Bpifrance as investor; Holaluz and Banco Santander join hands for solar in Spain; ReneSola changes brand identity to Emeren Group; MET commissions 96 MW solar in Hungary.
ReneSola Senior Executives Join EU Backed New Solar Platform
ReneSola’s Ex-Europe CEO Josef Kastner & Ex-Director France & Spain Chloe Durieux To Spearhead Pan-European Solar Development Platform Of Marguerite
A pan European solar development platform with a mandate to install over 2 GW new solar PV capacity, recently launched by the European Union (EU) backed Marguerite fund, has appointed former senior executives with ReneSola, Josef Kastner and Chloe Durieux as its leadership team.
ReneSola Takes Over UK Solar Projects Partner
ReneSola Strengthens Europe Business With Acquisition Of Emeren & Its 2.5 GW Solar & Storage Pipeline
US based solar power projects developer ReneSola Power has announced the acquisition of Emeren Limited, a UK headquartered utility scale solar and battery storage company and its partner for the Italian solar PV market since 2021.
China PV News Snippets: Zonergy, ReneSola, Zhonghuan
Zonergy 250 MW PV Project Begins Construction; ReneSola & Eiffel JV Acquires 200 MW Projects; Zhonghuan Silicon Wafer Prices Increase
Zonergy 250 MW PV new energy project begins construction: At Xiahe County, the ground breaking ceremony for the 750 MW new energy base investment project was held, a news report said.
$22.8 Million Revenue For ReneSola In Q1/2021
ReneSola’s Business Model Sheltering Company From Material Cost Increase In Solar Supply Chain; Reports Over 7% Annual Growth In Q1/2021 Revenues; Reiterates FY 2021 Revenue & Gross Margin Forecast
The business model Chinese solar power project developer ReneSola Ltd follows is that of developing a project to the stage where construction can begin by the EPC contractor, which in common business parlance is called Notice to Proceed (NTP).
ReneSola Signs JV Agreement With Eiffel Investment
ReneSola & Eiffel Investment Group’s Joint Venture, European Solar Energy Development JV To Initially Develop 340 MW In Poland, Spain & France, & Add 700 MW Across Europe Over Next 3 Years
In January 2021, Chinese solar power company with US based headquarters ReneSola Ltd or ReneSola Power announced asset manager Eiffel Investment Group as a joint venture (JV) partner to co-develop up to 1 GW solar power capacity in Europe (see Yet Another European Joint Venture For ReneSola).
ReneSola’s 2020 Annual Revenues Dropped 38%
ReneSola’s Annual Revenues, EBITDA & Gross Margin Declined In 2020, But Management Bullish Of 2021 Prospects; Aims To Monetize 300 MW Projects & Grow Pipeline To 2 GW In 2021
Chinese solar power company with US base, ReneSola Power exited 2020 with total revenues of $73.9 million declining 38% from last year and a 50% drop in GAAP gross profit of $17.2 million, with a gross margin of 23.2%, having dropped from 28.7% in 20.
China PV News Snippets: ZNShine, ReneSola, IRICO, CSI, Jinko
Znshine Modules KS Certified; ReneSola Sells 12.3 MW Projects; IRICO Constructs 10 PV Glass Furnaces; Canadian Solar 10 GW Line Construction Begins; Construction initiated for JinkoSolar 20 GW Manufacturing Base
ZNShine 166mm modules pass KS certification: Module manufacturer ZNShine Solar has successfully obtained the Korean Industrial Standards (KS) Certification for its 166mm cell solar modules with 9BB technology.
Yet Another European Joint Venture For ReneSola
ReneSola Secures Asset Manager Eiffel Investment Group As Joint Venture Partner To Co-Develop Up To 1 GW Solar Power Capacity In Europe Over Next Several Years
Chinese solar power company with US headquarters ReneSola Ltd. has once again announced a strategic joint venture to grab opportunities in the European solar market.
China PV News Snippets: ReneSola, Maxwell, Jinko, Lingda
Renesola Bags 38 MW Solar Projects In Poland’s RE Auction; Maxwell To Build Suzhou Industrial Park; Jinkopower To Sell 70% Of Subsidiary; Lingda To Raise RMB 1.2 Bn For 5 GW Cell Production; 3 Major Taiwan Telecom Operators Enter Solar Market
ReneSola bags 38 MW solar projects in Poland’s RE auction: Chinese solar power project developer ReneSola Power announced that it has been awarded 38 solar utility projects in Poland with a capacity of 1 MW each in the recently held renewable energy auction.
China PV News Snippets: ZShine, Sungrow, ReneSola, Datang
Znshine Solar Delivers 182mm Solar Module To Vietnam; Sungrow’s Surface PV System In Vietnam Completed; Renesola’s 10 Rooftop Projects Receive Renewable Energy Subsidies; Datang Group And Guangdong Province Sign Strategic Agreement
An order for ZNShine’s 182mm modules, which adopts double glass frame design, has been successfully shipped to Vietnam. This is the Chinese company’s first 182mm module order.
China PV News Snippets: ReneSola, Autowell, Arctech, JiaWei
Renesola Sells 16 MW Solar Parks In Poland; Autowell Wins Jinkosolar’s Stringer Machine Order Bid; Arctech Successfully Supplies Trackers For Kazakhstan PV Project; Jiawei’s Subsidiary To Acquire 20% Of Gulang Zhenye
ReneSola sells 16 MW solar parks in Poland: In an announcement, PV project developer ReneSola said that it has sold a portfolio of ground-mounted solar parks to Modus Asset Management, a renewable energy investment company with focus on the solar market in Poland.
ReneSola Announces CEO Change
ReneSola Founder & CEO Xianshou Li Resigns Due To Personal Reasons As Company’s Group Vice President For APAC Shelley Xu Takes Over As CEO
Shelley Xu has been with ReneSola since 2005 when Xianshou Li founded the company. She has now been appointed as the CEO of ReneSola after Li resigned due to personal reasons.
ReneSola Secures 26 MW In Poland Auction
China’s ReneSola Bagged 26 Utility Scale Solar Power Projects With 1 MW Capacity Each In Poland’s November 15, 2018 Renewable Energy Auction
Out of the 3 renewable energy auctions conducted by URE in Poland, solar got to compete against wind in only 1 of them, AZ/9/2018 held on November 15, 2018, in which ReneSola won 26 projects of 1 MW capacity each.
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