ReneSola sells 38 MW project in Poland
ReneSola Inc announced that it has sold 38 MW (megawatt) of solar projects located in Poland to Danish solar investor Obton, according to nasdaq.com.
The portfolio comprises 38 solar utility projects in Poland, with a capacity of 1 MW for each. The value of the deal was not disclosed. All of them were secured by ReneSola in Poland's solar power auction held in December last year and are qualified under the country's Contract for Difference (CFD) scheme to get 15-year guaranteed tariffs.
ReneSola has sold these projects to Obton at the "Notice to Proceed" stage. ReneSola will take care of the engineering, procurement and construction (EPC) and project financing and will hand over the capacity to Obton when the plants achieve commercial operations.
Policymakers Cut Central Bank Base Rate by 50 bp to 7.75%
Bulgaria's Household Income, Spending Rise 20% in 2023
Spar Magyarország Revenue Climbs Close to 16% in 2023
Hungary Launches HUF 15 bln Tourism Sector Support Program
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
