ReneSola appoints president for China division


ReneSola CEO Xianshou Li said, "While China leads the world in the number of solar panels exported, it lags behind many countries in terms of the number of solar panels installed. This is changing, however, and we believe the Chinese market has impressive growth prospects. In 2012, we believe the number of installations could reach five gigawatts, compared to approximately two GW in 2011 and one GW in 2010. By 2015, the Chinese government expects China to reach 15 GW of solar installations, which would make China one of the largest solar markets in the world."

Li also added that with the anticipation of such growth, it became essential for ReneSola to establish a division focused solely on China. An on-ground business development team will work on increasing sales of modules in China. "We will rely on Xiaoliang's leadership in choosing successful solar projects for our modules. In addition, Xiaoliang will help support our global operations as we look to expand our presence in both developed and emerging solar markets," Li said.

Liang was previously the director of project development at AES China, where he led the company's wind power project development and worked additionally on hydro and thermal power project development in China.

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