ReneSola Completes Sale Of Three Utility-Scale Projects In Western China

ReneSola Ltd. has completed the sale of three utility-scale solar photovoltaic projects with a total capacity of 60 MW to Jiangsu Akcome Solar Science & Technology Co. Ltd.

The projects are located in China's Qinghai and Xinjiang provinces and are all connected to the grid.

‘Although we remain cautious in regards to investing in solar projects in China, we remain optimistic about China's market for solar projects over the longer term, and we will continue to participate in China projects and explore related opportunities while keeping our capital expenditures to a minimum,’ says Xianshou Li, ReneSola's CEO.

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