ReneSola Sells 6.4 MW Project In The U.K.


ReneSola Ltd. has sold its 6.4 MW Field House photovoltaic power project in the U.K. to investment funds managed by Foresight Group.

The Field House project, which features ReneSola's Virtus II modules, was connected to the grid in March and is qualified for the U.K.'s 1.4 Renewable Obligation Certificates scheme.

‘The sale of the Field House project represents another successful example of our strategy to focus on downstream services and projects,’ says Xianshou Li, CEO of ReneSola. ‘With current total existing projects of nearly 90 MW, we expect to monetize our downstream project portfolio while seeking new project opportunities to develop, build and transfer.’

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