ReneSola completes 20 MW Chinese PV plant19. December 2011 | Applications & Installations, Industry & Suppliers, Markets & Trends | By: Becky Stuart
China-based ReneSola has grid connected a 20 megawatt (MW) photovoltaic power plant to the Chinese grid.
Located in Wulan County, Qinghai, the company supplied all of the photovoltaic modules needed for the system. It represents the first project of its kind for ReneSola.
CEO, Xianshou Li commented, "The completion of our power plant in Qinghai marks our foray into the solar electricity generation business in China, where we see potential for high growth in the next few years."
He added, "We continue to be excited by China's transformation from a manufacturing hub of solar products into an increasingly important end-user market. The growing number of downstream projects in the domestic market represents a significant opportunity for us to create new revenue streams and expand our local market share."
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