ReneSola acquires rights to 22.5 MW of Japanese PV projects


China solar module manufacturer, ReneSola Ltd will develop 22.5 MW worth of utility-scale ground mounted PV projects in Japan, having secured the project development rights.

While details were light on the ground in terms of how many projects the MW will be spread across, where they will be located or if FITs have been secured, the company said it expects them to be operational and grid connected between late this year and early next. ReneSola will, unsurprisingly, equip the majority of the projects with its own brand modules, specifically the Virtus II.

"Japan has established itself as an important market for clean energy products … We will continue to expand our presence and diversify our portfolio of downstream projects in markets like Japan, which we believe offer attractive growth and monetization opportunities," commented ReneSola CEO, Xianshou Li.

pv magazine has contacted ReneSola for more details.