Plus   Neg

ReneSola Sells Portfolio Of Solar Parks In Poland - Quick Facts

ReneSola Ltd (SOL) announced the sale of a portfolio of ground-mounted solar parks to Modus Asset Management. The portfolio was developed by ReneSola Power and comprises 16 state-of-the-art projects equipped with bifacial solar panels and a combined capacity of 16 MW. All of the projects have been awarded a 15-year contract-for-difference support mechanism in Poland.

Josef Kastner, CEO of ReneSola Power's European Region, stated, "Despite ongoing challenging macro conditions related to COVID-19, our European team continues to execute on our strategy and optimize our solar assets through strategic sales across different geographies. We remain optimistic about our opportunities in Eastern Europe."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Pfizer has uncovered the counterfeit versions of its Covid-19 vaccine in Mexico and Poland, according to a Wall Street Journal report. The vaccine was developed in partnership with Germany's BioNTech SE. Though there have been several reports of counterfeit versions of the Covid-19 vaccine, this seems to be the first confirmed instance. American Airlines is planning to resume hiring pilots this year to meet a rebound in travel demand in the summer season, reports said citing a company memo. The airline is expected to add 300 pilots by the end of the year and double that in 2022. Verizon Communications Inc. (VZ) reported a profit for the first-quarter that increased 25.4 percent from last year, reflecting growth in wireless service revenue, wireless equipment revenue and total Fios Internet net additions. Quarterly operating revenues rose 4.0 percent from the prior year.
Follow RTT