ReneSola Ltd ("ReneSola" or the "Company") (NYSE: SOL), a leading global manufacturer of solar photovoltaic ("PV") modules and wafers, today announced that a total of more than 100 MW of the Company's PV modules have been distributed, installed, and connected to the grid in Greece since November of 2011.
ReneSola Ltd ("ReneSola" or the "Company") (NYSE: SOL),
a leading global manufacturer of solar photovoltaic ("PV") modules and
wafers, today announced that a total of more than 100 MW of the Company's PV modules
have been distributed, installed, and connected to the grid in Greece since November
of 2011.
The achievement is primarily the result of the Company's strategic partnership
with BIG SOLAR S.A. ("BIGSOLAR"), the biggest Greek stock-holder and
distributor in the field of PV systems for electricity production through solar
energy. BIG SOLAR has served as ReneSola's exclusive distributor for
Greece
and
Cyprus
since
July of 2012 and will exhibit ReneSola's PV modules at the Solarex Solar and PV
Technologies Exhibition in
Istanbul
in
April of this year.
The 100 MW of installations include a range of ground-based and rooftop
systems, most notably five high-performing BIG SOLAR projects totaling 8.65 MW,
which include a 1.95 MW project near
Athens
that
is the largest rooftop installation in
Greece
.
Mr. Xianshou Li, ReneSola's chief executive officer, commented, "
Greece
, as a
key solar market, has always been an important focus of our international
marketing efforts and we are proud to have reached this milestone with the help
of our local partner, BIG SOLAR. We expect this collaboration will support not
only our efforts in the Greek market, but also in regional markets, where consumers
have begun to recognize the high efficiency and high power output of our
modules."
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